BOSTON ATHENÆUM

Reports for  books 17,725 loaned 600 items digitized 8 new employees

438 items conserved 1,149 149 educational programs annual fund donors

151 archive inquiries 600 artworks 3,870 published online items cataloged $2,$2,291,873 in unrestricted revenue

by the 2016 numbers 4,345 active memberships Boston Athenæum Reports for  President JOHN S. REED Vice-Presidents CHARLES A. COOLIDGE III SUSAN B. WEATHERBIE Treasurer J. MARK ENRIQUEZ Assistant Treasurer GILBERT M. RODDY, JR. Secretary DAVID P. INGRAM

Trustees ANNE C. BROMER JAMES F. HUNNEWELL, JR. EARL M. COLLIER, JR. TERRANCE P. MCGUIRE JOHN WIGGLESWORTH EVERETS CAROLYN M. OSTEEN THOMAS D. GILL, JR. ELIZABETH H. OWENS J. BRYAN HEHIR CREELEA H. PANGARO MAISIE HOUGHTON AUSTIN V. SHAPARD CLARISSA C. HUNNEWELL

Trustees Emeriti

MITCHELL ADAMS KATHERINE HANEY DUFFY ALEXANDER ALTSCHULLER HUGH D. S. GREENWAY EDWARD B. BALDINI BAYARD HENRY JOAN T. BOK ELIZABETH B. JOHNSON DEBORAH HILL BORNHEIMER JERROLD I. W. MITCHELL JOHN G. L. CABOT G. MARSHALL MORIARTY FERDINAND COLLOREDO-MANSFELD SUSAN W. PAINE JILL KER CONWAY LAWRENCE PERERA J. LINZEE COOLIDGE JAMES V. RIGHTER LAWRENCE COOLIDGE LIONEL B. SPIRO DANIEL R. COQUILLETTE WILLIAM S. STRONG ALICE M. D ELANA BOSTON ATHENÆUM

Reports for 

B, M January  Reports for  is a publication of the Boston Athenæum,  ½ Beacon Street, Boston, Massachusetts  - . It was designed by Scott Vile and printed by the Ascensius Press, South Freeport, Maine. A digital edition of this publication is available at www.bostonathenaeum.org. This publication reflects the activities of the Boston Athenæum between October ,  , and September  ,  . Staff and Trustee lists are current as of September  ,  .

Copyright ©  by the Proprietors of the Boston Athenæum, Inc.

All event and exhibition images courtesy of Lovely Valentine Photo + Film.

All rights reserved. Contents

DIRECTOR’S PREFACE 

TRUSTEE ACTIVITIES 

SPECIAL COLLECTIONS 

READER SERVICES 

TECHNICAL SERVICES 

DIGITAL PROGRAMS 

CONSERVATION 

ADVANCEMENT 

EDUCATION AND EVENTS 

SYSTEMS 

PERSONNEL 

GIFTS 

FINANCIAL STATEMENTS AND INDEPENDENT  AUDITORS REPORT REPORT ON THE OPERATIONAL PLAN, - 

SENIOR ADMINISTRATIVE STAFF

ELIZABETH E. B ARKER , Stanford Calderwood Director ROBERT L. W EST , Director of Operations CHRISTOPHER BOUDROT , Augusta Thomas Director of Finance and Accounting

ADMINISTRATION SPECIAL COLLECTIONS Rhonda Casey, Human Resources Manager Kristin Cook, Rare Books and Manuscripts Emily Cure, Executive Assistant to the Director Research Assistant Melissa Mills-Wilshire, Stanley Ellis Cushing, Anne C. and David J. Bromer Financial Reporting Accountant Curator of Rare Books and Manuscripts David B. Dearinger, Director of Exhibitions and ADVANCEMENT Susan Morse Hilles Senior Curator Dawna Burrus, Manager of Membership of Paintings & Sculpture and Development Charlotte Emans Moore, Polly Thayer Starr Fellow Hannah Gersten, Manager of Communications Carolle R. Morini, Caroline D. Bain Archivist, Heather Lonks, Manager of Annual Giving Reference Librarian Catherine McGrath, Coordinator of Member Services Catharina Slautterback, Curator of Prints & Photographs DIGITAL PROGRAMS AND PRESERVATION Patricia Boulos, Head of Digital Programs SYSTEMS Evan Knight, Associate Conservator Andrew Hahn, Director of Systems Jonathan Romain, Von Clemm Fellow Andria Lauria, Associate Systems Administrator and Dawn Walus, Chief Conservator Web Developer Brian James Wanders, Systems Technician ENGINEERING Eduino Barbosa, Building Custodian TECHNICAL SERVICES Gloria Brea, Building Custodian Will Evans, National Endowment for the Humanities Shirelle Farmer, Building Custodian Chief Librarian in Charge of Technical Services Michael J. Pagliaro, Facilities Director Tom Gearty, Serials Librarian Douglas Pollock, Building Engineer Judy Maas, Cataloging Assistant Nazrul I. Quadery, Building Engineer Kaelin Rasmussen, Rare Materials Catalog Librarian Ryan Reed, Cataloging Assistant EVENTS AND EDUCATION Anthea Harrison Reilly, Acquisitions Librarian Hanna Bertoldi, Assistant Events Coordinator Graham Skinner, Rare Materials Catalog Librarian Victoria O’Malley, Director of Events Deborah Vernon, Technical Coordinator of Events INTERNS Hannah Weisman, Director of Education Katie Allen Daniel Axmacher READER SERVICES Terra Cutaia Dani Crickman, Children’s and Young Adult Lena Davis Services Librarian Adriene Galindo James P. Feeney, Jr., Howard Lang and Alyssa Garcia Barbara Lang Hacker Head of Circulation Catherine Hammer Carolle R. Morini, Caroline D. Bain Archivist, Victoria Johnson Reference Librarian Emily Levine Elizabeth O’Meara, Reference Librarian Amanda McSweeney-Geehan Arnold Serapilio, Circulation Assistant Liane Na’auao Mary Warnement, William D. Hacker Virginia Rundell Head of Reader Services Morgan Stewart Alyssa True

SECURITY Elizabeth McCullough, Security Officer Tyrone Smith, Director of Security Ekow Yeboa, Security Officer Boston, December , 

DIRECTOR’S PREFACE

“All are needed by each one; Nothing is fair or good alone.”

—Ralph Waldo Emerson, “Each and All,” 

S ONE YEAR draws to a close, and another opens, it seems A timely to reflect on the extraordinary sense of community that has defined the Boston Athenæum at every moment in our history. More than one of the most beautiful libraries in the world; more than a unique and living archive of the history of ideas in the Athens of America; the Boston Athenæum is a community of curious, sometimes inspired thinkers and creators. Our willing - ness to assemble with minds open for discussion, reflection, understanding, and (re)consideration belies the recent devolution of some aspects of our national discourse. Today, the role of libraries as repositories of knowledge acces - sible to all, and as generators of wisdom drawn from that know- ledge feels especially vital. Humanities libraries, like art museums, take that mission further. By seeking to provide insight, we help to make possible the condition of empathy. By that means, the Boston Athenæum in its totality—our environment, our collections, and most importantly, our mem - bers—is a true cultural treasure. Like a literary masterpiece, our worth does not correlate primarily to monetary value (an imper - manent trait) or to rarity (a characteristic of worst as well as best things), but rather to our inexhaustible capacity to generate mean - ing. Here, every generation has, as any individual still can, find answers to innumerable questions.

  Boston Athenæum

While a masterpiece is, by definition, that about which one could never write the last word, it is an object worthy of exegesis. In the pages that follow, my colleagues record a year of extraordi - nary hard work and deserved successes. This annual report concludes with my report on our progress in meeting the ambitious objectives laid out in our operational plan. I’m grateful to all who gave of their time, resources, and attention to make the past year such a rewarding one, which will make possible even bet - ter things to come.

E E. B  , Ph.D. Stanford Calderwood Director Reports for  

TRUSTEE ACTIVITIES

The Proprietors of the Boston Athenæum elected John S. Reed president of the Board of Trustees at the annual meeting in Feb - ruary. Reed succeeds Deborah Hill Bornheimer, who served for six years as president. The board welcomed three new members, Anne C. Bromer, Earl M. Collier, Jr., and Austin V. Shapard, while four Trustees, Alexander Altschuller, Edward B. Baldini, Katherine Haney Duffy, and Maisie Houghton, attained emeritus status. John Reed spent  years with Citibank/Citicorp and Citigroup, the last  as chairman. He was chairman of the New York Stock Exchange from September  until April  and chairman of the Corporation of MIT until  . Reed graduated from Wash - ington and Jefferson College and MIT in a joint degree program, earning a B.A. and a B.S., and served as a lieutenant in the Army Corps of Engineers from  to  before returning to MIT for an M.S. Reed is a Trustee of MDRC, the Isabella Stewart Gardner Museum, and the National Bureau of Economic Research, and is an overseer of the Boston Symphony Orchestra. He is also a Fellow of the American Academy of Arts and Sciences and the American Philosophical Society. Anne C. Bromer, together with her husband David Bromer, founded the rare book firm Bromer Booksellers in  . Since  , when the firm moved to its current location in Copley Square, the Bromers have issued scores of catalogues and published  books, of which Anne Bromer authored three, including a miniature memoir. She has lectured twice at the Boston Athenæum. Bromer is a graduate of Emerson College and Simmons Grad - uate School of Library Science, where in  she was named alum - nus of the year. She serves on the Board of Directors of Women’s Lunch Place in Boston, a daytime shelter serving homeless women, and recently established a letterpress printing studio at RAW Art Works, a youth arts organization rooted in art therapy located in Lynn, Massachusetts. In  , the Bromer family endowed the curatorship of rare books and manuscripts at the Athenæum. Earl M. Collier, Jr. retired in  from a career in healthcare,  Boston Athenæum most recently serving as CEO of Arsenal Medical. From  to  , Mr. Collier was executive vice president at Genzyme Corpo - ration, where he was responsible for building and overseeing several of Genzyme’s business units. He served as president of Vitas Healthcare, partner at the law firm Hogan & Hartson, and deputy administrator of the Health Care Finance Administration (now Centers for Medicare & Medicaid Services) in the Depart - ment of Health and Human Services. Mr. Collier serves on the boards of Capricor, Partners Health - Care, Tesaro, and Transmedics and is chairman of the Board of Trustees of Newton-Wellesley Hospital. He is member of the Grolier Club in New York and the Book Club of California in San Francisco and serves on the Board of Directors of the Codex Foundation. Mr. Collier earned a B.A. at Yale University and a J.D. at the University of Virginia School of Law. Austin V. Shapard has been president & chief executive officer of Fiduciary Trust Company since  . Prior to joining Fiduciary, he held several senior leadership positions at Rockefeller & Co., the global wealth management firm, including president & COO and vice chairman & managing director. Before Rockefeller & Co., Mr. Shapard was an associate principal at McKinsey & Co. within its financial institutions group. Mr. Shapard holds a B.A. in history from Yale College and an M.B.A. in finance and entrepreneurial management from the Wharton School at the University of Pennsylvania. He serves on the boards of the Peabody Essex Museum, the Anthony Trust Association, and the Provident Loan Society.

SPECIAL COLLECTIONS

Paintings & Sculpture The Athenæum acquired a number of paintings during the year, among them Sylvester Phelps Hodgdon’s Encampment on Castle Island , Boston Harbor ,  . Hodgdon—a native of Salem, Massachusetts, who moved to Boston in his youth to study with Reports for   the landscape painter Benjamin Champney—participated in ex hibitions held at the Athenæum in the late  s and  s. Samuel Lancaster Gerry’s series of small paintings representing the four seasons include three panels that appeared in the Athenæum’s annual exhibition of  . Gerry traveled repeatedly to Europe and lived briefly in New York City, but by  had established a studio and home in his native Boston. Winter , Spring , Summer and Autumn , painted in a style typical of the Hudson River School, retain their original gilded frames. Ignaz Marcel Gaugengigl’s diminutive Gentleman Reading , ca.  , typifies the artist’s precisely rendered, small-scale genre scenes inhabited by artists and connoisseurs, often depicted con - templating or discussing works of art. Gaugengigl visited Boston from Germany in  . Intrigued by the recent founding of an art museum and school in the city and encouraged by the favorable response to his work, he decided to stay. Boston became his home, and its inhabitants his enthusiastic patrons. Enrico Meneghelli’s Interior of the Louvre: The Salon Carré , ca.  , joins  works in the Athenæum’s collection by the Italian- born artist, many of which feature local landmarks (Faneuil Hall, Boston Public Garden, and Newbury Street) and interior scenes of galleries at both the Boston Athenæum and the Museum of Fine Arts at Copley Square. Polly (Ethel) Thayer Starr’s Mary Elizabeth (Sears) Kellogg (Mrs. Baring-Gould) ,  , depicts a member of a distinguished Boston family who trained and worked as a sculptor. The elegant pose, compelling hands (surely a reference to Sears’s role as an artist), vivid colors, and loose brushwork characterize Starr’s work of the  s and relate this new acquisition to two other paintings already in the Athenæum’s collection: Starr’s self-portrait and Shopping for Furs, perhaps her finest genre painting. The Athenæum was fortunate to receive a gift of two monu - mental pastels by Bradley Phillips from Sayre Phillips Sheldon: Mogul (Redvers Jeanmarie) ,  , and The Fenway (Richard Yarde) . Maria Luisa F. Mansfield gave to the Athenæum a painting by Massachusetts-based painter Charles Herbert Woodbury, Charles Bruen Perkins .  Boston Athenæum Several works of sculpture were also acquired, enhancing the institution’s ever-growing collection. Wisdom , a quarter-size plas - ter maquette for one of six allegorical figures created by Daniel Chester French in  for the Minnesota State Capital Building in St. Paul, is the second of French’s sculptures to enter the Athe - næum’s collection.

Ignaz Marcel Gaugengigl (ELII-EMGF) Gentleman Reading, ca. ELLD. Oil on panel. Athenæum purchase, Susan Morse Hilles Fund for Art Acquisition, FDEJ. Samuel Lancaster Gerry (ELEG-ELME) Winter ; Spring ; Summer ; Autumn , ca. ELIK. Oil on panel. Athenæum purchase, Susan Morse Hilles Fund for Art Acquisition, FDEJ.  Boston Athenæum Prints & Photographs The year’s numerous acquisitions of works on paper span his - toric eras, artistic media, and subjects. A rare Reconstruction-era lithograph published by Currier & Ives, Preparing for Congress , also known as The Freedman’s Bureau , depicts an African- American man tying his cravat in a broken mirror, a portrait of Abraham Lincoln hanging on the wall above him. From the same period is a hand-colored lithograph created in response to Lincoln’s assassination by John L. Magee entitled Satan Tempting Booth to Murder the President. The  engraving by Samuel Harris, Emblem of the United States of America. Peace with all Nations. Partiality to None, pres - ents an allegorical depiction of America’s desire for neutrality in the face of growing military conflict between Napoleonic France and Great Britain. The purchase of this print was made possible by Jane and Peter Coleman. A color lithographic poster from WWI shows a different response to war: Every Girl Pulling for Victory, Victory Girls, published in  by the United War Work Campaign, features a young woman in a middy, rowing a boat labeled “Victory.” A chromolithograph bird’s-eye view of Lynn, Massachusetts features the estate of the Hutchinson family, a popular American singing group whose lyrics addressed many of the political issues of the day, such as abolitionism, women’s rights, and temperance. Published by Armstrong & Co. in  , Home of the Hutchinson Family, High Rock, Lynn, Mass. U.S.A. complements the Athe- næum’s existing holdings of sheet music and portraits of the Hutchinson family. Sea City (Provincetown) , a mid-  th-century wood engraving of the Cape Cod waterfront, is the first work by Betty Waldo Parish to enter the collection, where it augments works by other artists depicting New England’s built environment. Contemporary works acquired through the Frances Hovey Howe Fund, established to support New England artists and create a repository of regional artistic works, complement the Athe - næum’s historic graphic materials and enrich the collection of works on paper. A series of four linocuts by Lisa Houck, a Boston- based mosaic artist who works in a variety of media, were inspired Thomas Worth (ELGH-EMEK) and Currier & Ives, Preparing for Congress or The Freedman’s Bureau , ELJL. Lithograph. Purchase, W. H. C. Steiner Print Fund in honor of Victoria L. M. Paine and Michael J. Paine, FDEJ. Edward Penfield (ELJJ-EMFI), Every Girl Pulling For Victory, Victory Girls United War Work Campaign , EMEL. Color lithograph. Purchase, Bartlett Hayes Jr. Poster Fund, FDEJ. Armstrong & Company, Home of the Hutchinson Family, High Rock, Lynn, Mass. U. S. A. , ELLE. Chromolithograph. Purchase, Jane and Peter Coleman donation, FDEJ.

Betty Waldo Parish (EMED-EMLJ), Sea City (Provincetown) , EMHK. Wood-engraving. Purchase, State Street Bank Print Fund, FDEJ.  Boston Athenæum by John James Audubon’s Birds of America and other  th-century illustrated ornithological books. Fenway Studios by Peter Scott, a printmaking instructor at the School of the Museum of Fine Arts, contains four drawings and one etching of the artist’s studio. Annie Silverman’s energizing color woodblock print Honk Band depicts a group of musicians from the annual festival of activist street bands held in Somerville. Three black-and-white photo - graphs by Thibault Roland, a biophysicist and Sony Artisan of Imagery, entered the collection. Four silk screen posters depicting Somerville’s built environment were acquired from printmaker and illustrator James Weinberg. Generous donors made significant gifts of works on paper. Artist Katja Oxman donated seven of her own aquatint prints. Composer Charles Shadle gave The Province House, Boston,  , a graphite drawing on tracing paper. H. Nichols B. Clark gener - ously donated Major General Benjamin Lincoln of the Revolution - ary Army of the United States, President of the Cincinnati of the State of Massachusetts, &c, &c , an  mezzotint by John Rubens Smith after Henry Sargent. The photo historian Ron Polito gave a col - lection of over  cartes de visite and cabinet cards documenting the works of numerous  th-century Massachusetts and New Eng - land photographic firms. The collection provides valuable infor - mation about important photographic patents and innovations, Victorian fashion, and studio furniture, and complements Polito’s previous gift of a study collection of  th-century Boston photog - raphers. In the coming year Alyssa True, a digital programs intern, will create a finding aid for the collection. Lois and Stephen Kunian gave four etchings by Giovanni Battista Piranesi. James W. Bradley donated four photographs of Massachusetts buildings produced for the Historic American Buildings Survey in the  s and various Mohawk Trail ephemera. A remarkable gift of  th-century photographs was made by Weston Naef, curator emeritus of the department of photographs at the J. Paul Getty Museum, and his wife, Mary. Highlights of this donation are seven framed whole plate daguerreotypes and two photographic collections of historic Boston events: Collection of Photographs Documenting the Demolition of the Cove Street Neigh - Lisa Houck, Watching and Waiting , FDEI. Linocut. Purchase, Frances Hovey Howe Print Fund, FDEI.  Boston Athenæum

Augustine H. Folsom (ca. ELHI-EMFJ), East Side of Cove Street, Boston, Mass. , ELMK. From Collection of Photographs Documenting the Demolition of the Cove Street Neighborhood, Boston, Mass. Photographic print. Gift of the Naef Family in honor of the Peters Family, FDEJ.

borhood, Boston, Mass ., containing  photographic prints, and Boston Blizzard of February  , containing  photographs. This consequential donation strengthens the Athenæum’s already notable holdings of  th-century Boston photography.

Rare Books & Manuscripts One of the artist’s books acquired during the year took as its source of inspiration a display of books presented on the second floor of the Athenæum: book artist Laura Davidson’s Books Checked Out by Louisa May Alcott in  contains a drawing of Alcott’s own charging records, a watercolor rendering of the volumes she borrowed as they appeared in the display, and a Reports for   silverpoint portrait of Alcott. The same artist’s aptly titled Math at the Ath depicts mathematics books from the circulating collec - tion that Davidson found to be “intriguing inside and out.” Both artist’s books, created in  , are unique and belong to Davidson’s ongoing series, “The Bookshelf Project.”

Laura Davidson. Books Checked Out By Louisa May Alcott in ;>=; . Boston, FDEI. Athenæum Purchase, Susan W. Paine Fund, FDEJ.

In 3 in Search of the Universe , Donald Glaister intersperses the poetry of Walt Whitman and Rumi with paintings and collages on pages of brushed aluminum inspired by the Voyager Spacecraft Project. Figure Study by Sarah Bryant and David Allen illustrates various demographic statistics, demonstrating visually the differ - ences in life expectancy and gender diversity between rich and poor nations. In Transforming Hate , Clarissa Sligh constructs origami cranes from the pages of a white supremacist book, repurposing hate to create art. Ginger Burrell’s Counter/Surveil - lance is a subversive exercise in thought on the ubiquity of sur - veillance. A small video screen displays an eye, observing the reader and blinking occasionally, an unsettling reminder that someone is always watching. The Athenæum’s Kelmscott Press collection was enriched with the purchase of a unique proof of An Address Delivered by William Morris at the Distribution of Prizes to Students of the Birmingham Municipal School of Art, February , . This proof, previously the property of Sydney Cockerell, was exhibited at the Victoria  Boston Athenæum and Albert Museum in  . The Magical Painted Papers of Eric Carle , printed at the Gehenna Press, add further depth to the Athe - næum’s extensive collection of decorated papers. Mrs. Delany Meets Herr Haeckel, Rendered in Paper Mosaicks by Barbara Hodg - son combines fine printing with exquisite cut paper designs of microscopic single-celled organisms. Placido Columbani’s  A New Book of Ornaments contains elegant and elaborate patterns for the decoration of wall panels. New York,  contains a num - ber of vintage images glorifying urban life in Manhattan following World War II by photographer Todd Webb. A number of fine bindings entered the collection during the year. The Special Bindings of Gwasg Gregynog contains images of important bindings within its own important binding: it is one of only  striking copies bound by James Brockman. Nimphidia and the Muses Elizium , with an elaborate title page designed by Charles Ricketts, was bound by Sangorski and Sutcliffe in Scottish deerskin from deer killed in the food shortage of World War I. A fascinating copy of the Cathedral Cities of France was purchased for its elegant full leather binding, based on the design of the doublure of Constance Karslake’s binding for The Centaur and the Bacchante , acquired by the Athenæum last year. A handsome copy of Les Arts de Reproduction Vulgarisés (Paris,  ) joins the extensive collec - tion of publisher’s bindings. A beautiful edition of the Rubaiyat of Omar Khayyam, bound by L. Averill Cole and first exhibited in New York in  , was acquired for the collection, its unusual full purple morocco still fresh and rich. William Somerville’s poem The Chase (London,  ), bound by Thomas Gosden in straight-grained green morocco, also retains its original impact. The Athenæum was the fortunate recipient of two collections of rare books given by devoted friends and supporters. Jody S. Gill donated a collection of  th-century color-plate books, among them Picturesque Views of American Scenery (Philadelphia,  ) and a complete set in  original parts of Daniel Elliot’s New and Heretofore Unfigured Species of the Birds of North America , (New York,  - ). Cynthia and John W. Everets augmented their previous extensive gift of Black Sun Press books with more fine Barbara Hodgson. Mrs. Delany Meets Herr Haeckel, Rendered in Paper Mosaicks , Vancouver, FDEI. Athenæum Purchase, Ruth Oliver Joliffe Fund, FDEJ. Anthony Dowd. The Special Bindings of Gwasg Gregynog , Newtown, Wales, FDDH. Bound By James Brockman. Athenæum Purchase, John Bromfield Fund, FDEI. William Somerville. The Chase , London, EKMJ. Bound by Thomas Gosden. Athenæum Purchase, Kathleen L. and Peter A. Wick Fund, FDEJ. Joshua Shaw. Picturesque Views of American Scenery , Philadelphia, ELFD. Gift of Jody S. Gill, FDEI. Reports for   examples, including Tales Told of Shem and Shaun signed by James Joyce and the deluxe edition of The Bridge, A Poem signed by Hart Crane. The children of Dorothy H. Baldini made a gift of The Temple of Flora or Garden of the Botanist, Poet, Painter and Philoso - pher by Robert John Thornton (London,  ). Items from the Athenæum’s extensive collection of material relating to the work of the Merrymount Press, which was founded and directed by Athenæum Trustee Daniel Berkeley Updike between  and  , were rehoused in acid-free folders and boxes and categorized, their contents uploaded to a database by Kristin Cook, rare books and manuscripts research assistant. Over , Merrymount Press job tickets have been processed, repre - senting about  % of the entire collection, which includes  boxes of job tickets, as well as a large and disparate collection of material related to the entire range of projects undertaken by the press.

Research Appointments Seventy-six members and  guest researchers visited the Arthur and Charlotte Vershbow Special Collections Reading Room to access items from the Athenæum’s special collections. In total, , items were pulled for scholars. Members conducting research occupied an average of  seats per week, with four occu - pied by guests.

Loans The Athenæum loaned several items to exhibitions held at other institutions during the year. Two small books of hours were lent to Beyond Words , an exhibition of illuminated manuscripts from Boston institutions held concurrently at McMullen Museum of Art, Houghton Library, and the Isabella Stewart Gardner Museum. Early in the year, three artists’ books were lent to Lesley University for the exhibition Reading with the Senses , which featured contemporary artists’ books from around the globe. The Athenæum loaned Newell Convers Wyeth’s Mr. Alcott in  Boston Athenæum the Granary Burying Ground to the Concord Museum for its spring exhibition N.C. Wyeth’s Men of Concord . John Singer Sar - gent’s portrait of Annie Adams Fields was lent to the Colorado Springs Fine Art Center for All New Women , an exhibition pairing works by Sargent with photographs by Cindy Sherman. Two works by Jane Stuart, Mary Peters Forbes-Fay and Sigourney Web - ster Fay , were lent to the Gilbert Stuart Birthplace and Museum for the exhibition Jane: Heir to the Stuart Genius . Wingate Studio with Aldo’s Press , a contemporary etching by Gideon Bok, was exhibited in Printer’s Proof: Thirty Years at Wingate Studio at Boston University Art Gallery. Three historic  th-century architectural prints were lent to the MIT Museum for Imagining New Technology: Building MIT in Cambridge , which celebrated  years of the MIT campus in Cambridge.

Exhibitions The Athenæum presented three exhibitions during the year, two composed entirely of works from the collections and one also containing loans. Collecting for the Boston Athenæum in the  st Century: Maps, Charts, & Plans (October  ,  -February  ,  ), curated by John Lannon, featured more than  objects from the institution’s rich cartographic collection. The exhibition was the third in a series celebrating acquisitions made in the new millennium. Collecting for the Boston Athenæum in the  st Century: Prints & Photographs (April ,  -September ,  ), curated by Catharina Slautterback, concluded the series, displaying more than  of the , works on paper acquired since the year  . Representing a variety of artistic media and arranged according to theme, the exhibition reflected the Athenæum’s leading role as a repository of artists’ interpretations of New England. Daniel Chester French: The Female Form Revealed (October ,  -February  ,  ) was curated jointly by David Dearinger, Ph.D., and Donna Hassler, executive director of Chesterwood, the country home and studio of Daniel Chester French, located in Reports for  

Members enjoy a sponsors’ preview of Collecting for the Boston Athenæum in the <;st Century: Prints & Photographs.

Stockbridge, Massachusetts. The exhibition features loans from Chesterwood of over  preliminary models and sketches for some of French’s most recognized works and marks the public debut of French’s Wisdom ( ), acquired during the year by the Athenæum. The publication of an exhibition catalogue was funded in part by the National Endowment for the Arts.  Boston Athenæum Archive The archive, which contains the records of both the Boston Library Society and the Boston Athenæum, received  inquiries during the year. The archive played a prominent role in “Eye of the Expert: Ban(ish) the Thought,” a program that explored censorship and the arbitration of taste and morals using rare materials from the collections. In recognition of National Archives Month in October, displays on the second floor featured circulat - ing books about archives as well as archival photographs of former staff members and library records. Library students from Sim - mons and University of Massachusetts Boston and a special collections librarian from Thomas Crane Public Library in Quincy visited the Athenæum to learn more about archivist duties and best practices from Carolle Morini, Caroline D. Bain Archivist and reference librarian. The institutional archive continues to grow with the addition of new materials and publications.

READER SERVICES

Reference Reference questions in the past year exceeded , : a mini - mum of , from members and  from outside scholars. Reader’s advisory (book recommendation) was the most common request received at the reference desk. In an effort to reach more members (and in recognition of their diverse tastes and interests), the Athenæum introduced weekly themed book displays known as “New on Two.” These topical presentations commemorate his - toric events, such as the centennial of the National Parks Service, memorialize the loss of important figures, such as David Bowie, and celebrate special occasions at the Athenæum, such as the members’ trip to India. Book display themes are posted to the Athenæum’s Goodreads group (whose membership increased by half over the year), so that members may access reader services and engage in thoughtful discussion online. Reports for  

A member reads on the second floor.

Children’s Library Suzanne Terry retired in October  after  years of dedi - cated service as the Athenæum’s first children’s librarian. Dani Crickman arrived in March  as the Athenæum’s first full-time children’s and young adult services librarian. This transition pro - vided an important opportunity for the Athenæum to build upon its existing collections and program schedule, and enlarge an eager community of young readers. A total of  children and their accompanying caregivers at - tended  regularly scheduled story times (on Tuesday, Thursday, and Saturday mornings), representing a  % increase in program offerings and a  % increase in attendance. Children from Park Street School and Commonwealth Children’s Center visited reg - ularly for a total of  story times. A number of programs were introduced with a range of skills and age groups in mind: weekly do-it-yourself craft sessions (ages - ), twice weekly homework hangouts (ages +), and new monthly book groups, one for emerging readers (ages -) and another for teens (ages  - ). A themed summer reading program focusing on the ancient Brynna Smith and her daughters read in the children’s library.

Dani Crickman, children’s and young adult services librarian, during story time. Reports for   Olympic Games drew  participants between the ages of  and  who logged over  books. “My Athenæum Day,” a fairytale- themed day of activities for young readers and their families, drew over  participants, a  % increase from the previous year’s event. Public children’s programming was offered monthly and included book and ornament-making workshops, musical story - telling, a historically inspired puppet show, and a teddy bear’s picnic. The Athenæum participated for the first time in Free Fun Fridays, a program sponsored by the Highland Street Foundation to increase enrichment opportunities for children during the sum - mer months, with a special story time featuring local children’s book author Frances Driscoll ( The Swan Boat Ride ). The children’s library’s presence continues to grow, both at  ½ Beacon and online. A total of  new volumes were added to the collection in the fiscal year  , and nearly  % of all books borrowed during the year were children’s books. The weekly chil - dren’s e-newsletter now reaches  families, with book lists de - voted to children’s literature posted to the website monthly.

Circulation The Athenæum lent a total of  , circulating books during the year. Of these, , were children’s books,  were mailed to members, and  were loaned to other institutions. Interlibrary loan requests placed on behalf of members numbered  . James Feeney, Howard Lang and Barbara Lang Hacker Head of Circula - tion, and a robust team of circulation staff and volunteers, led  new member tours (offered on Wednesdays and Saturdays at noon), introducing more than  new and existing members to the Athenæum’s array of resources and services. Three new discussion groups were introduced during the year: Dante, Film + Text Seminar, and a Writers’ Workshop. Mem - bers may now choose from among  such forums for focused scholarship and discussion. The three highest-attended groups were Proust (with an average of  members), Literary Conversa - tions (average of  ), and Writers’ Workshop (average of  ).  Boston Athenæum Fellowships Fifty-seven individuals applied for Boston Athenæum fellow - ships during the year. Thirteen scholars applied to the Suzanne and Caleb Loring Research Fellowship offered jointly with Massachusetts Historical Society. Sixteen New England Regional Fellowship proposals included the Boston Athenæum as a site for potential research (double the previous year’s number). The Athenæum has awarded the following  - research fellowships:

Mary Catherine Mooney Fellowship: Anna Wager, Ph.D. candidate, University of Washington, Seat - tle, “Kindred Spirits, Progressive Practices: Religious Revival and Communal Making in Arts and Crafts Movements (  -  )”

Caleb Loring, Jr. Fellowship : Abigail Cooper, assistant professor, Brandeis University, “‘Lord, Until I Reach My Home’: Inside the Refugee Camps of the American Civil War” Sarah Shapiro, MA student, Columbia University, “Death, Re - sistance, and Public Order: State Reactions to Slave Suicide in Eighteenth Century British North America”

American Society for Eighteenth-Century Studies Fellowship: Elise Leal, Ph.D. candidate, Baylor University, “Reforming Manners, Redeeming Souls: Sunday Schools and the Place of Childhood in American Protestantism,  - ”

American Congregational Association—Boston Athenæum Fel - lowship: Jessica Parr, adjunct professor, University of New Hampshire, Manchester “Let Us Not Sell Our Birthrights”

Mudge Teacher Fellowships: Margaret Funkhouser, director of writing, Walnut Hill School Reports for   for the Arts, “How to be a Library Cormorant—Writing Creatively from the Bookstacks and Collections” Robert Sykora, MFA student, University of Massachusetts Boston, “American Utopia—a series of poems considering the American Utopian impulse”

Suzanne and Caleb Loring Research Fellowship on the Civil War, Its Origins and Consequences (awarded jointly with Massachu - setts Historical Society): Kent McConnell, Ph.D., instructor, Phillips Exeter Academy, “A Time-Stained God: Spiritual Lives, Civil War Deaths and the Violent Remaking of Religion in America”

New England Regional Fellowship: Louis Gerdelan, Ph.D. candidate, Harvard University, “Calami - tous Knowledge: Understanding Disaster in the British, Span - ish, and French Atlantic Worlds,  - ” Jonathan Lande, Ph.D. candidate, Brown University, “Disci - plining Freedom: Union Army Slave Rebels and Emancipation in the Civil War Courts-Martial” Rachel Miller, Ph.D. candidate, University of Michigan, “Cap - ital Entertainment: Creative Labor and the Modern Stage,  - ” Alexandra Montgomery, Ph.D. candidate, University of Penn - sylvania, “Projecting Power in the Dawnland: Colonization Schemes, Imperial Failure, and Competing Visions of the Gulf of Maine World,  - ”

TECHNICAL SERVICES

Under the direction of Robert Kruse, who retired in December  , and Will Evans, who became National Endowment for the Humanities Chief Librarian in Charge of Technical Services in Jan -  Boston Athenæum uary  , the technical services department continued to provide and augment bibliographic access to the institution’s circulating and rare collections via Athena, the Athenæum’s online catalog.

Acquisitions The year saw the accession of , books, of which  were gifts. Books were selected by the Book Selection Committee along - side staff bibliographers Dani Crickman, Stanley Cushing, David Dearinger, Will Evans, Carolle Morini, Anthea Reilly, Arnold Ser - apilio, Catharina Slautterback, and Mary Warnement.

Cataloging During the year, , new circulating books were cataloged along with , new and long-held special collections items, in - cluding books, manuscripts, periodicals, and a small number of prints and photographs, the latter two materials being recently added to the technical services workflow. In addition,  brief bibliographic records were replaced in Athena by greatly enriched records and over , edits were made to existing records in an effort to increase accessibility.

Serials The Athenæum’s subscriptions, consisting of approximately  print resources, including magazines, journals, and newspa - pers, and more than  electronic databases, were maintained and, in some cases, increased. In response to members’ requests, where space permits, current issues of periodicals are now displayed with the most recent previous issue.

DIGITAL PROGRAMS In addition to relocating its equipment and operations from  to  ½ Beacon Street, digital programs fulfilled more than  digitization requests from Athenæum staff, members, and outside clients during the year. Reports for  

Pat Boulos, head of digital programs, at work in the digital imaging studio.

New additions to the digital collections include the  works featured in three previous Athenæum exhibitions: Collecting for the Boston Athenæum in the  st Century: Maps, Charts, and Plans ; Collecting for the Boston Athenæum: Prints & Photographs ; and Chromo-mania! The Art of Lithography at the Boston Athenæum, - . Also digitized were the institution’s exhibition cata - logues and checklists dating back to the year  . The Boston Directory project, generously funded by Athe - næum Proprietor and docent Scott Guthery, was completed dur - ing its third year. Directories from  - , offering “a list of the Merchants, Mechanics, Traders, and others of the Town of Boston; in Order to enable Strangers to find the Residence of any Person,” are now available in their entirety online. Seventeen volumes of the Athenæum’s Books Borrowed, - , were digitized, making a total of  of  volumes available in the archival digital collec - tion. This project is also supported by Guthery. In an effort to increase global access to the collections and streamline licensing for reproductions, the Athenæum expanded the number of images available via Bridgeman Art Library to include works by Allan Rohan Crite and Isaac Sprague.  Boston Athenæum Pat Boulos, head of digital programs, delivered a presentation at the Online Computer Library Center ContentDM user group meeting at the American Library Association midwinter confer - ence and reprised this presentation for a webinar, attended by  participants worldwide. Two open house days drew  curious members to the digital imaging studio.

CONSERVATION

The conservation team continued its important work caring for the Athenæum’s collections, conserving a total of  circulat - ing books and  special collections materials (both books and works on paper) during the year. A conservation plan, outlining policies and objectives for the coming years, has been prepared, and near-term plans to improve storage within the conservation laboratory were drafted and implemented. A policy for the safe handling of collection materials by staff and readers was also developed, for implementation beginning in fiscal year  .

Dawn Walus, chief conservator, and Evan Knight, associate conservator, at work in the conservation lab. Reports for   An assessment of the building’s window coverings was con - ducted in an effort to monitor and limit light levels on works of art. Locked room storage methods were improved, with items on compact shelving secured by bookends and oversized or fragile items placed inside protective boxes or on top shelves. Conserva - tion and digital programs staff continue to test the viability of per - forming all conservation-related photo documentation in the digital imaging studio. Forty items were matted for the prints and photographs department. In the fall, Chief Conservator Dawn Walus spent a month working in the Charleston Library Society’s bindery and archival lab as part of an institutional exchange initiated in the previous fiscal year. The project was funded by an individual contribution from Boston Athenæum and Charleston Library Society members Ann and Jerry Mitchell and a Carolyn Horton Grant from the Foundation of the American Institute for Conservation of His - toric and Artistic Works. The year’s von Clemm fellow in book conservation, Lauren Calcote, concluded her work in May, and was succeeded by Jonathan Romain in August. This fellowship is funded by the Michael and Louisa von Clemm Foundation. Liane Na’auao completed a yearlong conservation internship, partly funded by the Andrew W. Mellon Foundation, in August. Two high school students from the Commonwealth School and the Winsor School conducted independent conservation projects at the Athenæum. Student groups from Commonwealth Children’s Center and professional groups from the New England Conser - vation Association and Boston Theological Institute visited the laboratory. Dawn Walus led a bookbinding workshop that was attended by nine members. Conservation staff members gave pre - sentations at the American Library Association midwinter conference and the American Institute for Conservation annual meeting in Montreal. A number of important objects from the Athenæum’s special collections were treated during the year. An early translation of Palladio’s treatise on architecture, published in  , was given a full leather rebinding. An anastatic Declaration of Independence received tear repair, humidification, and flattening. A Civil War-  Boston Athenæum era Currier & Ives lithograph was washed to reduce discoloration and lined with Japanese tissue. The treatment of several items in need of conservation was sponsored by generous donors. Joyce Bowden and Adam Lutynski funded the conservation of two important  th-century lithographs, and David Driscoll spon - sored the treatment of two rare books and five volumes of the Athenæum’s library letters,  - . The conservation of the Athenæum’s Books Borrowed volumes, supported by Scott Guth - ery, nears completion.

ADVANCEMENT

Membership The Athenæum welcomed more than , new members during the year. Of the  new memberships enrolled,  were individual memberships,  were family memberships,  were young patron memberships, and  were young patron family memberships. The young patron category of membership (for those aged  and under) represented a % increase over the pre - vious year. In total, , memberships were begun or renewed during the year.

Development Thanks to the generosity of , devoted supporters, the Athenæum raised $ , , in unrestricted revenue for the Annual Fund, which sustains daily operations, subsidizing more than  % of the cost of membership. Of these donors,  increased their giving from the previous year and  gave for the first time.  donors gave at a leadership level of $ , and above. The institution received $ , , in other contributions, including a number of notable bequests. Proprietors Cynthia Mutti and Marilyn L. R. Peterson, both members of the Bromfield Society, and life member Robert L. Barry left planned gifts totaling over $  , . Life member and Bromfield Society member Reports for  

Visitors explore the first floor.

Harold J. Gaarder donated the proceeds from the sale of his home in South Boston. Financial and gift planning expert Cindy Sterling spoke for the third time at the Bromfield Society Luncheon on planned giving. The Athenæum was fortunate to receive a grant from the Highland Street Foundation to fund its participation in Free Fun Fridays, an initiative to offer no-cost summertime admission for children and families to some of the most treasured cultural ven - ues in Massachusetts. The program drew  visitors.

Communications Athenæum communications continued to expand under the leadership of Michael Jugenheimer and his successor, Hannah Gersten. A bimonthly color newsletter and enhanced electronic mailings kept members informed of news and events. Instagram  Boston Athenæum followers increased by over IDDC to reach IFJ at year-end. Face - book followers increased by FIC, ending the year at H,JDM. At year’s end, the Athenæum’s Twitter following had reached G,JMK, with the year’s top Tweet earning over F,KDD impressions. Press coverage included articles “More Than Just Books at the Boston Athenæum” ( Boston Globe , April FDEJ); “What It’s Like to Be a Conservator at the Boston Athenæum” (Bostonmagazine.com, May FDEJ); and “Peripheral Vision: Things You See (But Might Not Notice) In and Around Boston” ( Boston Globe , July FDEJ); and television appearances on Museum Open House (NewTV, January FDEJ); Around Town (Boston Neighborhood Network, January FDEJ); and Chronicle (WCVB-TV, June FDEJ).

EDUCATION AND EVENTS

Throughout the year, the Athenæum produced events and in - terpretive programming that enabled members and the public to connect with the institution’s resources. The Athenæum held  programs attended by approximately , members and visitors, some traditional (  lectures,  book talks, five panel discussions, and  concerts) and some unconventional (five pop-up programs, four young patrons-oriented events, and two day trips). The year’s many distinguished speakers included writer, editor, and NPR producer Kitty Eisele, classics scholar Mary Beard, and Boston Poet Laureate Danielle Legros Georges. The introduction of multi-part programming series allowed participants to explore a single theme or topic from multiple perspectives. One such series explored the art of the book and included a presentation by Ken Botnick, creator of the artist’s book Diderot Project , as well as a hands-on workshop in the con - servation laboratory. Other series were constructed with the Athenæum’s special and circulating collections in mind. Senior curatorial and library staff presented materials from special collections in the intimate “Eye of the Expert” series, which New England Conservatory Chamber Singer Richard Rivale performs in a holiday concert.

Stanley Ellis Cushing, Anne C. and David J. Bromer Curator of Rare Books and Manuscripts, in “Eye of the Expert: Mystery and Mayhem.”  Boston Athenæum

Boston Poet Laureate Danielle Legros Georges in “Articulations of America.” launched in November  , with “Mystery and Mayhem” and “Ban(ish) the Thought” as its first installments. The Athenæum also offered music programs rooted directly in special collections materials through two key partnerships. Working with New England Conservatory’s Community Performances & Partnerships Program, the Athenæum welcomed jazz ensemble Pe - tite Feet to interpret and celebrate the works of Allan Rohan Crite in February, pairing jazz standards and new works composed by ensemble members with Crite’s watercolor and oil paintings. Jazz standards and new works composed by ensemble members were paired with Crite’s watercolor and oil paintings. A collaboration with the New England Philharmonic yielded two new chamber music compositions by Bernard Hoffer and Emily Koh inspired by Pierre Attaingnant’s  Primus [-septimus] liber , a collection of  masses. The New England Philharmonic Chamber Players pre - miered Hoffer and Koh’s works at the Athenæum in May in con - junction with a viewing of Attaingnant’s masses in the Vershbow Special Collections Reading Room. Public pop-up events encouraged connections between the Reports for   Athenæum’s historic collections and current events. Topics in - cluded the Syrian refugee crisis, the tenets of Islam (with a chance to examine manuscript copies of the Koran), and the practice of election redistricting. Seven new volunteers completed a rigorous six-week docent training course from October to December, swelling the ranks to  active docents. With the growth of the docent corps, the num - ber of public tours offered each week could be doubled to include a weekend and an evening tour. Nearly , people toured the Athenæum with a docent during regularly scheduled public tours, and an additional , people participated in special tours and programs. A select group of docents led weekly gallery talks in Collecting for the Boston Athenæum in the  st Century: Prints & Photographs, welcoming more than  people into the exhibition between May and August and setting a precedent for ongoing do - cent-led gallery programming. A new partnership was established with the University of Massachusetts Boston, thanks to the generous support of Dr. Nel - son Yuan-sheng Kiang. The partnership affords students compli - mentary Athenæum membership to foster intellectual curiosity beyond the classroom.

SYSTEMS

Led by Director of Systems Andrew Hahn, the Athenæum made significant improvements to its computer systems. A tech - nology audit, conducted by John Palfrey, head of school at Phillips Academy, and Jennifer Gunter King, director of the Harold F. Johnson Library at Hampshire College, confirmed the Athe - næum’s purposeful and timely deployment of technology to fulfill its mission and serve its members. The insights generated by the audit process and resulting strategic report will guide the Athe - næum’s technological advancements. A number of system enhancements made in the past year di - rectly improved member experience. A more robust printer is now  Boston Athenæum able consistently to meet public demand, while a supplemental wireless access point improves internet signal strength in the Albert Gordon Newspaper Room. With the creation of the Digital Imaging Studio on the second floor, computers for member use were shifted to the second floor Bow Room, placing members closer to reference librarians. Several computers were moved to the fifth floor, offering a quiet computing experience. A new software program was implemented to schedule and monitor docent hours. Eventually, this software will be used to manage all volunteer activity. Improvements made to the Athenæum’s website increase func - tionality and meaning for members and the general public. For the first time, an illustrated, searchable catalog of the Athenæum’s paintings and sculpture collection is available online. Scholars will find essential information—artist’s name, title, and date—for each of the nearly  objects in the collection. Select entries also include historical information and interpretation. In addition, the Digital Collections site was redesigned and reorganized, with improved search functions and the option to browse A-Z or by category. All four searchable databases— Athena , Digital Collections, Electronic Resources, and Paintings & Sculpture Online—have been assembled on a single page to facilitate re - search across portals. Web traffic increased by  % this year. Plan Your Visit, Join or Renew, and Take a Tour were the most visited pages. Over , , visitors have reached the home page since the site’s de - velopment in  . Forty-seven audio and  video event record - ings were added, with combined viewings totaling  , .

Security During the year, the Athenæum’s security team, led by Chief Security Officer James Kraus, worked with an independent con - sultant to conduct an assessment of security protocols and provide detailed recommendations. Upon his arrival in the fall of  and his promotion to the position director of security, Tyrone Smith developed a project plan that incorporates the review’s findings. Reports for   Daily inspections of security systems (including of the build - ing’s two automated external defibrillator units) were established with a clear and efficient reporting structure. A wand patrol sys - tem was introduced to monitor sensitive areas and track security performance. New protocols and training procedures for visitor and contractor sign-in, bag check, lost and found, gallery security, fire safety, and emergency response have provided security staff additional tools and skills to protect the Athenæum’s patrons, staff, and collections. Plans are underway to offer annual adult and pe - diatric first aid, CPR, and AED training, required of security staff, to all Athenæum employees and volunteers. Connections have been established with a network of local museum and nonprofit security professionals to strengthen com - munity and industry-wide safety and security efforts. Security staff now attend monthly community service meetings at the local district police department to stay informed of community activ - ities and neighborhood safety.

Facilities Facilities, engineering, and custodial staff, led by Facilities Director Michael Pagliaro, addressed a number of critical issues concerning the maintenance, preservation, and enhancement of the Athenæum’s National Historic Landmark building at  ½ Beacon Street. The fiscal year began with the replacement of a desiccant wheel (humidity-reducing mechanism) on the rooftop, a project requiring temporary street closure and the use of a crane. The discovery of condensation along the wall of a rare materials storage space in January prompted the immediate response of conservation staff and launched an ongoing cross-departmental study. Facilities and conservation staff have collaborated with preser - vation specialists from the Image Permanence Institute at Rochester Institute of Technology on an inquiry into the efficiency of the building’s heating, ventilation, and air conditioning (HVAC) system, as part of a study funded by a grant from the National Endowment for the Humanities. A plan has been devel -  Boston Athenæum oped to upgrade the electrical panels that communicate between HVAC equipment and the main computer. A new fire panel has been ordered and will be installed in the upcoming year. To anticipate the likely cost and scope of building maintenance over the next two decades, the Athenæum commissioned a capital needs assessment and replacement reserve analysis. The refurbishment of the vestibule was completed in January  with the addition of full-sized lockers in the former coat room.

PERSONNEL AND VOLUNTEERS

Transitions and Milestones The Athenæum celebrated many milestones of service this year, with the departure of seven staff members and the arrival of eight new employees. National Endowment for the Humanities Head of Technical Services Robert Kruse retired after  years of dedicated service to the Athenæum. Will Evans, former chief of rare materials and catalog librarian, was promoted to fill the role as National Endow - ment for the Humanities Chief Librarian in Charge of Technical Services. After  years of service, John Lannon retired from his position as associate director of operations and curator of maps. In February, Michael Pagliaro was promoted to the position director of facilities. Pagliaro previously served as engineering administra - tor. Director of Advancement Robert West took on a new role as director of operations. Dani Crickman joined the Athenæum as full-time children’s and young adult services librarian following the retirement of chil - dren’s librarian Suzanne Terry after  years of notable service. Crickman holds a M.A. in children’s literature and an M.S. in library and information science from Simmons College. In the spring, the Athenæum welcomed Christopher Boudrot as Augusta Thomas Director of Finance, a position previously held by Tanitia Sello, who departed early in the year. Boudrot holds an Reports for  

Volunteer docent Annie Silverman leads a tour for new members.

M.S.A. from Suffolk University and a B.F.A. from Massachusetts College of Art. After reaching a  -year milestone of service as systems administrator, Andrew Hahn was promoted to director of systems. Former Cataloging Assistant Graham Skinner was promoted to the position of rare materials catalog librarian, and Ryan Reed was hired to fill the cataloging assistant role after completing a tech - nical services internship. A number of transitions took place within the membership and development department over the past year. After  years as the director’s executive assistant, Catherine McGrath brought her wealth of institutional knowledge to the newly-created position of coordinator of membership services. Dawna Burrus, having temporarily served as administrative assistant, transitioned to the role of manager of membership and development. Emily Cure joined the Athenæum staff during the summer as executive assistant to the director. Cure holds a B.A. in art history and interdisciplinary art education from Stonehill College and a grad - uate certificate in arts administration from Boston University Metropolitan College.  Boston Athenæum Following the departure of Coorain Devin, annual giving and membership manager and former membership and development assistant, Heather Lonks stepped into the role of manager of annual giving. She had previously served as membership and de - velopment assistant. Emily Anderson, associate director for prospect research and reports, left the institution after four years of service. Anderson had previously held the position of member - ship and annual fund officer, following her completion of an in - ternship in development. Michael Jugenheimer, director of communications, departed after three years of service. He had previously served as director of annual giving and membership. Hannah Gersten joined the staff as manager of communications. Gersten holds a B.A. in international relations and French literature from Tufts Univer - sity. Following a period of temporary staffing, the Athenæum wel - comed full-time Human Resources Manager Rhonda Casey. Casey holds a B.A. in psychology from Lesley University. Autumn brought change to special collections, as Charlotte Emans Moore, prior acting associate curator of paintings and sculpture, accepted the newly established Polly Thayer Starr Post- Doctoral Curatorial Fellowship in American Art. Formerly a preservation intern, Kristin Cook accepted the newly created position of rare books and manuscripts research assistant. Tyrone Smith assumed the position of director of security following the departure of James Kraus. Smith brings substantial professional experience to the institution, having held security positions at Milton Academy and Harvard Art Museum. Elizabeth Borah, Emilia Emig, Tastery Reed, and Darrell Ung held part-time security positions, some of them temporary, while Elizabeth McCullough joined the team in a permanent capacity. Reports for   Interns The Athenæum staff has been fortunate to work alongside the fol - lowing interns: Katie Allen Victoria Johnson Daniel Axmacher Emily Levine Terra Cutia Amanda McSweeney-Geehan Lena Davis Liane Na’auao Adriene Galindo Virgina Rundell Alyssa Garcia Morgan Stewart Catherine Hammer Alyssa True

Volunteers

The thoughtful and steady assistance of a dedicated group of vol - unteer members is sincerely appreciated:

Book Selection Committee Conservation Jacob Albert Henry Bassett Alexander Altschuller Jessica Monaco Lina Coffey Pamela Ikauniks Curatorial Laurie Kent Hanna Bertoldi Mary Otis Stevens Discussion Group Moderators Children’s Library Randall Albright Nicholas Collins Michael Almond Rachel Handler Joyce Bowden Katherine Florio Circulation Sophia Garmey Frances Barna Scott Guthery Margaret Bratschi Mary Haskell Kevin Judge Hugh Kennedy Nancy Macmillan Julia Legas Marlene Meyer Knoefel Longest  Boston Athenæum Cheryl Mariolis Dale Linder Clive Martin Phoebe Morse Jerome Maryon Daniel Moulton Daniel Moulton Joanne Oechler Wayne Olson Susan Ostberg Creelea Pangaro Karla Rojas Andrea Pokladowski Doriane Ruml Willard Pope Joseph Sheehan Susan Rosefsky Annie Silverman Nancy Tarulli Roger Stacey Margaret Wheeler Rosemary Walker Jennifer Wheler Antoinette Whitmore Membership Ambassadors Susanne Fortunato Docents Eva Grizzard Joyce Bowden Samantha Kelly Diane Britton Jennifer Pellecchia John Burciaga Nancy Upper Marian Ferguson Rita Watson Gerald Fleming Sherley Gardner-Smith Serials Judy Gates Duncan MacDonald Scott Guthery Ryan “Fritz” Holznagel Technical Services Pamela Ikauniks Darlene Jarrell Elna Rapp Sidney Kenyon Reports for  

GIFTS

(October ,  – September  ,  )

Giving Societies

The Hannah Adams Society is the Boston Athenæum’s premier leadership-level donor group, recognizing individuals who give $ , or more in the fiscal year. The society is named to honor the legacy of Hannah Adams, whose scholarship earned her access to the Library’s collection and an annual stipend to fund her re - search.

Hannah Adams Society members as of September  ,  : Edward and Elizabeth Baldini Julie and Bayard Henry Joan Toland Bok Timothy T. Hilton Anne and David Bromer Mr. and Mrs. James R. Houghton Cynthia and John W. Everets Bonny and Caleb Loring III Jody and Tom Gill John S. and Cynthia L. Reed

The  ½ Circle is a distinguished group of contributors who give $ , or more in a given year. The group is named to honor the unique and historic location of the Athenæum’s fifth and current home at  ½ Beacon Street.

 ½ Circle Members as of September  ,  : Trish and Alex Altschuller Nancy and John Mark Enriquez Deborah Hill Bornheimer Mathea Falco and Peter Tarnoff Richard W. Cheek Deborah and Martin Hale Arthur Clarke and Susan Sloan Mr. and Mrs. Amos B. Hostetter, Jr. Peter S. and Jane Dexter Coleman Susan and James F. Hunnewell, Jr. Mary Cronin and Scott Guthery Ann T. and David P. Ingram David L. Driscoll Mr. and Mrs. Mark Jarrell Katherine Haney Duffy Geoffrey and Sidney Kenyon Karin and Charles Dumbaugh Dr. John Terry Maltsberger, III  Boston Athenæum Jane and Jeffrey Marshall Austin Shapard Terrance P. and Linda Puls McGuire William S. Strong Elizabeth and Robert Owens Michael and Louisa von Clemm Creelea and Anthony Pangaro Foundation G. Gorham Peters Trust Susan B. and Michael A. Lynne and Mark V. Rickabaugh Weatherbie Foundation John P. Ryan and Claire P. Mansur, M.D. Anonymous ( )

The Armstrong Society is a group of living individuals who make cumulative gifts of $  , during their lifetimes.

Armstrong Society members as of September  ,  : Trish and Alex Altschuller Mason J. O. Klinck, Sr. Mr. and Mrs. Sherwood E. Bain George Lewis Edward and Elizabeth Baldini Estate of Stanton D. Loring Isabelle and Scott M. Black Jane and Jeffrey Marshall Joan Toland Bok Miriam E. McCue Deborah Hill Bornheimer Ann and Jerrold Mitchell Anne and David Bromer Nina and Marshall Moriarty Beth and Linzee Coolidge Mr. L. Taylor Mudge Katherine Haney Duffy Edith H. Overly Karin and Charles Dumbaugh Elizabeth and Robert Owens Jody and Tom Gill Ann and Frank Porter John P. Grinold Nancy and George Putnam Deborah and Martin Hale John S. and Cynthia L. Reed Torrence C. Harder Joanna and Daniel Rose Serena M. Hatch Susan E. Schur Mr. and Mrs. Desmond J. Heathwood William S. Strong Mr. and Mrs. Robert P. Henderson Elizabeth and Peter Thomson Julie and Bayard Henry Susan B. and Michael A. Timothy T. Hilton Weatherbie Mr. and Mrs. James R. Houghton Jane and James Wilson Jas. Murray Howe Anonymous ( ) Susan and James F. Hunnewell, Jr. Reports for   The John Bromfield Society is comprised of living donors who include the Boston Athenæum in their estate plans, either through a planned gift or a stated intention to leave a bequest.

Bromfield Society members as of September  ,  :

Mitchell Adams William M. Fowler, Jr. and Marilyn Trish and Alex Altschuller L. Fowler William H. Anderson Frederic Gardner Adam Jared Apt Karen L. Garvin David Attella Jane L. Goodrich Carol † and Sherwood E. Bain John P. Grinold Edward and Elizabeth Baldini Dr. and Mrs. Stefan Gross Rodney Barker John Gunnison-Wiseman Ron Bento Dr. J. Ryan Gunsalus Alfred B. Bigelow Mark W. Haggerty Joel M. Blair Helen Hannon Joan Toland Bok Philip J. Harris, M.D. Joyce M. Bowden and Adam M. Dorothy A. Heath Lutynski Mr. and Mrs. Desmond J. Steven G. Bowe Heathwood James W. Bradley Bayard Henry Rebekah Memel Brown Tunie Hamlen Howe Judith L. Carmany Ann and David Ingram Ann and Marvin Collier Helen and Isaiah Jackson Jill Ker Conway Terence Janericco Nancy Myers Coolidge and Dr. John K. Jennings Lawrence Coolidge Elizabeth B. Johnson Daniel R. Coquillette David Kenney Keith Creamer Mary S. Kingsbery Scott Dahill Mason J. O. Klinck, Sr. David Dearinger J. Dayne Lamb Alice M. DeLana Barry M. Lamont, M.D. Richard K. Domas Mr. and Mrs. Michael O. Latkowitch Caitlyn and Kimberly Michael LaVecchia Duncan-Mooney Richard Leacy Mrs. Richard S. Emmet Dorothy M. Leef David H. Evans George Lewis Mathea Falco Robin S. Lincoln Gaffney J. Feskoe Karen Tenney-Loring and Thomas Ronald Lee Fleming Loring Thomas W. Flynn Richard S. Lovelace, Jr. Hope and Mark Foley Ora Damon Ludwig  Boston Athenæum Nancy E. Macmillan John P. Ryan and Claire P. Mansur, Lynne Maselan M.D. Joseph Massik Anthony Mitchell Sammarco Margaret D. and Thomas J. Helen Chin Schlichte McCormick Susan E. Schur Carla and Paul McDonough D. Brenton Simons Terrance P. and Linda Puls Susan Sloan McGuire Nancy A. Smith Miss Margo Miller An Sokolovska Ann and Jerrold Mitchell Julie Hume Sprague Nina and Marshall Moriarty David and Pat Squire Daniel J. Moulton and M. Roger Foy Stacey Barbara Joyce Jane Moulton Stahl Laura E. McPhie Oliveira Robert B. Stephenson Robert Perkins Gardner N. Stratton, Jr. George H. Porter III, M.D. and Norman P. Tucker Dr. Virginia Porter Filip Tufvesson Steven Taylor Potter John W. Tyler Denise Powers Anne Louise C. Van Nostrand Robert Redfern-West Dinah L. Voorhies John S. Reidy Andrea J. Wagner, M.D. Sandy and Jim Righter David Weaver Sue Robinson Stephen L. Willett Gilbert M. Roddy, Jr. Anonymous (  ) Jane Whitehill Rotch

Annual Fund Individual, unrestricted charitable gifts to the Annual Fund un - derwrite nearly one quarter of the Athenæum’s activities and are crucial in supporting and sustaining the health of the institution. Because the revenue generated by membership dues accounts for less than  % of the Athenæum’s annual operating budget, the Annual Fund is a critical source of support for key operational areas, including collections and conservation, reference and reader services, education and events, and maintenance and infrastruc - ture. The Athenæum relies upon the philanthropy of its devoted members and donors, the most generous of which can be found listed in the above giving societies. Reports for   Patrons Jane and Jeffrey Marshall ($ , - $ , ) Roberta M. and Robert F. Sherwood E. Bain McLaughlin Joyce M. Bowden and Adam M. Ann and Jerrold Mitchell Lutynski Steve Mormoris and Rob Cornell Earl M. Collier, Jr. W. Hugh M. Morton Mary Cronin and Scott Guthery Jennifer Pellecchia and Serena M. Hatch Konstantine Prevas Elisabeth and George Ireland Sue Robinson Elizabeth L. Johnson Mr. and Mrs. Gilbert M. Nina and Marshall Moriarty Roddy, Jr. Carolyn and Robert Osteen Linda Shannon and Jim J. Daniel and Catherine Powell Fitzgerald William S. Strong Barbara and Bradford Shingleton Clara B. Winthrop Charitable Mary Alice and Vincent Stanton Trust Susan and Theodore E. Stebbins Mr. and Mrs. Kenneth Woodcock Lisa Tung and Spencer Glendon Anonymous ( ) Peter and Susan Zuger Anonymous ( ) Fellows ($ , - $ , ) Sponsors Mitchell Adams ($ , - $ , ) Alfred B. Bigelow Alchemy Foundation Mr. and Mrs. William N. Booth Alli and Bill Achtmeyer Mark and Susan Bradley Carolyn E. and William E. Aliski Edmund and Betsy Cabot Jon M. Baker Charitable Foundation The Barrington Foundation, Inc. Timothy Carey Hanna and James T. Bartlett Nelson J. Darling, Jr. Joan Bentinck-Smith Deborah Coleman Diggins and Dana S. Berg and Robert B. Timothy W. Diggins Minturn David L. Driscoll Bailey Bishop Richard A. Duffy Jeffrey and Jody Black Jack D. Gorman Phyllis and David Bloom Hannelore and Jeremy Grantham Willa and Taylor Bodman Jack Grinold Holly and David Bruce Mr. and Mrs. Robert P. Heather Campbell and Vincent Henderson Miles Rachel Jacoff Lee Campbell John P.K. Kenney Levin H. Campbell Christine Kondoleon and John A. Carey Frederic Wittmann The Catered Affair Joan and Henry Lee John F. Cogan, Jr. Sherry and Alan Leventhal Frances H. Colburn Family Foundation Ann and Marvin Collier  Boston Athenæum Susan M. Cooke Pamela and John Humphrey Beth and Linzee Coolidge Larry Newman and Luisa Hunnewell William G. Coughlin Terence Janericco Mrs. Hilary H. Creighton Amy and Robert Job, IV Michael F. Cronin Abigail P. Johnson and Christopher Nicholas and Elizabeth Deane J. McKown Alice M. DeLana Barbara Jordan and Robert A. Dr. and Mrs. Louis Di Lillo Pemberton Gene Donne Constance F. Kane, Ph.D. Karin and Charles Dumbaugh Patricia and Joseph Kennedy Lois and William Edgerly Ms. Linda D. Kennedy Elkanah B. Atkinson Community Mark B. and Anne Marie Kerwin and Education Fund of the Dr. James M. LaBraico Greater Worcester Community Dr. V. Celia Lascarides-Manley Foundation Mr. and Mrs. Edward P. Lawrence Mrs. Richard S. Emmet Mr. and Mrs. David S. Lee Ken and Alice Erickson Christopher M. Leich Michael and Laurie Ewald Susan A. Lester Emily C. Farnsworth George Lewis Karen and David Firestone Dave Edmond Lounsbury, M.D. Newell Flather Peter S. Lynch Megan and Chipman Flowers Julie Mackin and Daniel Hilary and Christopher Gabrieli Clevenger Julia and Charles Mackay Brad and Sharon Malt Ganson, Jr. Philip A. Mason Fred Gardner and Sherley Steve and Phoebe McCarthy Gardner-Smith Rosalee and David McCullough Thomas J. Gosnell Daniel W. McElaney Perrin and Bruns Grayson Susan and Paul Meister Ann and Graham Gund Maureen and James Mellowes Carol and Richard Habermann Richard and Ronay Menschel James R. Hammond, III Thomas Michie Mr. and Mrs. John D. Hanify Mark Kimball Nichols Torrence C. Harder Mr. and Mrs. R. David Nurme Philip J. Harris, M.D. Jack Osgood Margaretta and Jerry A. Sandra Ourusoff and M. Holt Massey Hausman Christine and Frederick P. Roger and Adelaide Haynes Parson, Jr. Rev. J. Bryan Hehir Lawrence T. Perera, Esq. Mary F. Higgins and John A. Stuart and Beth Pratt Lechner, IV Nancy and George Putnam Sarah Garland-Hoch and Roland Rita and Norton Reamer Hoch John S. Reidy Tunie Hamlen Howe Linda Reineman Reports for   Susan M. and Kennedy P. Joan and Michael Yogg Richardson Lynne B. Levine Young Sandy and Jim Righter Ann and Hans Ziegler Lucille Rossignol and Paul Anonymous ( ) LaViolette G. West Saltonstall Family Sustaining Friends Foundation, a Donor Advised ($  - $  ) Fund of the U.S. Charitable Mary T. and S. James Adelstein Gift Trust AFA Protective Systems, Inc. Linda U. Sanger Sukie and David Amory Lee and Daniel Alec Sargent The Archibald Family Foundation L. Dennis and Susan R. Shapiro Dennis and Susan Ausiello Wendy Shattuck and Samuel Thomas and Pamela Bator Plimpton Leonard and Christine Bierbrier Maria and Mark Shepherd Brad Bittenbender and Patricia Robert Sherwood and Kathleen Hubbell Emrich Ben Bradlee, Jr. Jane Moulton Stahl Janice S. Bradlee Dr. Dietrich Steinhuebel Elizabeth A.R. and Ralph S. Susan P. Stickells and Albert A. Brown, Jr. Holman, III John A. Burgess and Nancy S. Jim and Cathleen Stone Adams Paul D. Sullivan Peggy Burke and Dennis Fiori Karen O. Teller Sharon Bushnell, M.D. and Henry Darshana and Sandeep Thakore F. Sears Nicholas C. Theodorou Ruth A. Butler Mr. and Mrs. Neil L. Thompson Samuel and Margaret Carr Elizabeth and Peter Thomson R.M. Coffman Family Mr. and Mrs. W. Nicholas Jerry Cohen Thorndike Ann and Sean Collins Anne P. Umana and Louis F. Tobia Elbert Tuttle Katherine Collins Anne Louise C. Van Nostrand Paul M. Connolly Nancy and Lawrence Coolidge Hugh L. Warren † Nancy and John Webster Nolly E. Corley and Michael Austin Marsha and Keith Weinstein Frank J. Corliss, Jr. Christine and Richard Wellman Elizabeth M. Covart Mary and Edward E. Wendell Julia D. Cox Allen C. West Sarah Cox Harry W. Wilcox, III Dale and Peter Coxe Arthur Ashley Williams George L. Cushing Foundation Mr. and Mrs. Timothy Dunn Patrick and Elsie Wilmerding W. Dean Eastman Mr. and Mrs. Jonathan Winthrop Margaret F. Edwards and David M. Douglas and Patricia Woodlock Green  Boston Athenæum William T. Ethridge Mrs. Peirson Richardson The Reverend Richard L. Fenn Lydia Rogers and Burt Adelman Bill and Joyce Fletcher David and Marie Louise Scudder Karen L. Garvin Nancy and Stephen Skinner Adele C. Goldstein Elizabeth C. Sluder Susan Schenck Goodwin and Steven Christine J. Spadafor Goodwin Galen L. Stone Lynn Gray and James E. Capra Judith Ogden Thomson Mr. and Mrs. Thomas H. Hale Amy Thornton John L. Hall, II Thomas and Mary Frances Conrad K. Harper Townsend Margaret and Gerald Hendrick Gay and David Tracy Caroline J. Hollingsworth Charles M. Waite S.C.O. Holt Corinna Reeve Waud Horace H. Irvine, II Thomas E. Weesner Laura Jackson Henry Birdseye Weil Anna S. Jeffrey Tracey and Peter Welsh Mrs. Yousuf Karsh Constance V. R. White Mr. and Mrs. Keith W. Kauppila Richard Wien Donald C. Kelley Stephen Lawton Willett Peter F. Kiely Kathryn and Robert G. Windsor Carolyn King and Thomas Tarpey Mr. and Mrs. E.S. Wood Barbara and Edward K. Law Benjamin T. Wright Robert A. Lawrence Jason Weiner and Nicole Zatlyn Richard Leacy Anonymous (  ) Richard S. Lovelace, Jr. Mark Lynch Friends Nancy E. Macmillan ($  - $  ) George J. Mellendick, M.D. and Thomas F. Aaron James M. Williams, Esq. Scott and Susan Abell Pauline C. Metcalf Acme Building Services, Inc. Mark and Kadimah Michelson John and Patricia Adams Patrice and Chris Miller Sallie B. Adams Sandra O. Moose and Eric Birch James E. Aisner Cornelius J. Moynihan Dr. Cary W. Akins Yvette and Peter Mulderry Jacob D. Albert Carole Nassif and Anthony Davis Robert J. Allison Jinx Nolan Samantha Allison and Mann Frederick Noyes Shoffner Patrick O’Donnell Miriam Allman Marie and Richard Oedel David and Holly Ambler Connie and Arthur Page Louise Todd Ambler Olivia Parker Michele Phoebe Andersen Ann and Frank Porter Nancy and James Anderson Reports for   Barbara and Reed P. Anthony, Jr. Nina Brown Katharine and Rodney Armstrong Susan K. Bryant The Ascensius Press Mrs. George Buchi Noreen and Dalton Avery Patricia and Paul Buddenhagen Dr. Richard A. Baker Mary L. Bundy Mr. and Mrs. Thomas Ball Linda Lu and John E. Burciaga Gail Banks and Edward Pinkus Barbara and Ken Burnes Theodore Sedgwick Barassi David H. Burnham Dr. Elizabeth E. Barker H. Paris Burstyn Paula Barta and William Roberts John S. Butterworth Barbara and George Putnam Beal Louis W. Cabot Enid L. Beal Elizabeth M. Campanella Michael P. Bean Capers Catering Randy Bean Marie Penelope Carlhian and Marc Catherine and Paul F. Beatty W. Pelletier Mrs. Virginia L. Beatty Harriet and Patrick Carrier Cameron W. Beck Joann Carroll Robert W. Begin William and Eda Carroll Louis S. Belknap Margaret Carter and John Willand Diana Bendel Julia and Mark Casady and the John C. Berg One Step Forward Education Ed and Linda Berger Foundation James and McKey Berkman Cesidio L. Cedrone and Anthony Alma Berson and Robert Malster M. Sammarco M. Kathryn Bertelli Lynn and Lawrence Cetrulo John and Suzanne Besser Melvin H. Chalfen, M.D. David and Kathryn Billo Lois and Jim Champy Katharine C. Black David Chang Camilla C. Blackman Lavinia B. Chase Mr. and Mrs. J. Maxwell Bleakie Dr. Joseph A. Chazan Katharine Colt Boden F. Sargent Cheever Charles S. Boit Rich Chute Susan and Paisley Boney Alicja and Walter Chwals Rosemary Booth and Gerald C. Thomas M. Claflin O’Leary Meredith and Eugene Clapp Gregg and Nell Borgeson Patricia and Patrick Clendenen Alexandra Bowers and Dr. James Daniel K. Clift C. Liu Ann and John W. Cobb Jim and Peggy Bradley Connie Coburn and James Mr. and Mrs. John M. Bradley Houghton Walter Brassert Mr. and Mrs. Cornelius Coleman Jeremiah Bresnahan Amy Conklin and Mark Dolny David Lloyd Brown and Ellis L. Thomas E. Connolly Phillips, III Mary F. Constant  Boston Athenæum Alexandra B. Cook and John May and Edward Emerson, Jr. Conforti Frederick and Valerie England Joan C. Cook and Conrad H. William D. English Halling Luise Erdmann Gloria G. Coolidge Eric J. McNulty David Cooper and Adelaide Leslie A. Fallon MacMurray-Cooper Heather and Robert Faris Frederick H. Copeman Carrie W. Farmer Judith and Daniel Coquillette Janet and Joel Farrell Ann C. Corte Jacqueline and Steven Feinberg Marian Coulter Mr. and Mrs. Daniel Feldman John C. Craig Daniel H. Ferguson John D. Craven Marian Ferguson and Richard Paul Creighton Hawkins Gail A. and William A. Crimmins Robert P. Fichter Ruth C. Crocker Courtney and Brian Fitzgerald Ellen and William Cross Cathy Flanagan Helen M. Cummings Judith and Gerald Fleming Mr. and Mrs. John D. Curtin, Jr. Joseph M. Flynn Elizabeth Hope Cushing Jane T. N. Fogg Stanley Ellis Cushing Joseph P. Foley Fay Dabney Elizabeth V. Foote and Howell E. Maureen and Mark S. Dalton Jackson Dr. and Mrs. Tristram C. Dammin Steven M. Foote Andrea and Davis Dassori John Malcolm Forbes David DeGhetto Samuel A. Forman Stephen Davis Robert Forrant Patricia R. Day Walter C. Fowle Nicholas A. Deane Julia and John B. Fox, Jr. Laura DeBonis and Scott Nathan Carmen Francella, III and Mary Leonard Desautelle Sleasman Dr. and Mrs. Daniel Deykin Cynthia and Joseph Freeman Curt DiCamillo Katherine L. French Winifred J. Dick Timothy Fritzinger John K. Dineen Mr. John J. Gallagher Paula H. and Charles Donahoe Jane L. and Charlie W. Gardiner Sheila and Charles Donahue Dorsey R. Gardner and Ni Rong Catharine-Mary Donovan Mr. and Mrs. John L. Gardner Charles E. Dow Ms. Andrea Gargiulo Stella Drummond and Gilmore Henrietta Gates and Heaton O’Neill Robertson Thomas C. and Frances Duffly Vivien C. Gattie Duncan MacDonald Alan Kibbe Gaynor and Mary Chip and Jane Elfner Doris Rice Nancy B. Ellis Tom Gearty Reports for   Daphne Georges Hope Hilton Sheila M. Geraty Sarah R. Hinkle Barbara and Ted Giese Erica Hirshler and Harold D. Denise Gilardone Clark Jr. Robert Gittens Eloise and Arthur Hodges Dr. and Mrs. David Gleason Alan R. Hoffman Joseph Christopher Glutting Katherine E. Hogan Andrea Golden and Barry Caroline McCormick Hollingsworth McManus Marilyn and Warren Hollinshead Tom Elliott Golden Sarah Hollis and John Curtis Perry Frederick Goldstein Diane and Thomas J. Hollister Andrew C. Goresh Margaret and Buell Hollister Alexander Yale Goriansky Judith A. Holoway George F. Gormley Mr. and Mrs. Randall L. Holton Frederic D. Grant, Jr. and Barbara Anne Hopkins Lemperly Grant Paul S. Horovitz R. Wayne Grant Mark Howard James B. Gray Robert Howard Jeffrey B. Gray James Howe Roland Gray, III D. Roger Howlett Paul Greenfield and Sandra Steele Stefanie and Frederick Hufnagel Kathryn Greenthal Kathleen A. Hull and Ernest Margaret J. and William H. G. Jacob Greer, Jr. Mr. and Mrs. George E. Humphrey Ghislaine Grenier Sarah and George Hungerford Marjorie and Nick Greville Dan and Sivika Hunter The Rt. Reverend J. Clark Grew, II Bob and Nancy Hurlbut Amy Griffin Lauren and William Huyett Mr. and Mrs. Henry R. Guild Nancy D. Israel and Lonnie A. John Gunnison-Wiseman Powers J. Ryan Gunsalus Edith A. Jackson and Thomas W. Mrs. Anne Rogers Haley Richardson Kathryn and John Hamill Jack Jackson Dr. John W. Hare Mary Eliot Jackson Margaret A. Hayes and Elinor M. Susan A. Jackson Hayes Nan-Marie Jaeger and Richard Mr. and Mrs. James B. Hearty Manning Elizabeth H. Heide Richard I. Johnson Chuck and Cree Ann Henderson Mr. Robert Johnston and Ms. Alice and William F. Hennessey Marty Anderson David E. Herder Robert K. Johnson Nancy R. Herndon Stephen P. Jonas Mr. and Mrs. Edwin David Hetz Kristin and Ashton Jones Edward Higham Mrs. Marjorie Jones Mrs. Edwin R. Hiller Michael P. Jugenheimer  Boston Athenæum Priscilla Juvelis Henry S. Lodge Hannah and James F. Kane Ralph Lombreglia Marie and Joseph Kascus Heather N. Lonks and Helen and Rudolph Kass Christopher F. Minty Cynthia Jones Katz William T. Loomis John H. Kavanagh, Jr. Christopher B. Loring Dennis H. Keefe Jessica Loring Hugh Kelleher Anne O. Lowell Jane Kelley Alice Lucey William S. Kelley and Sarah M. Wm. J. Lundregan Peskin Christopher H. Lutz Paul F. Kelly and Kathleen M. Mr. and Mrs. Frederick A. Bodie Lynn Jean M. Kennett Ann D. Macomber David J. Kenney John R. Macomber John Kerpan Philip G. Maddock John J. Kiger Ray D. Madoff Mr. and Mrs. Richard C. Kimball Susan and Adam Maffei Judith and Mark King Howard C. Mahler Lynda King and William E. King Sally Makacynas Sheila M. King Dr. Carl Marci and Mrs. Jeannine Rev. Hall Kirkham and Marjorie Randolf Asfour-Kirkham Shirley Marston Katherine Agnes Kleitz Mr. and Mrs. A. Walker Martin Mary Tyler Knowles and Mary Martin Laurence B. Flood Clark W. Maser Judy and John Knutson Charles Mason Eddie Kohler Herbert W. Mason, Jr. Mr. and Mrs. C. Alan Korthals Christopher R. Mathias The Krapf Family Donald and Glenda Garrelts Ruth Isabella Gardner Lamere Mattes George H. Lanier James M. May Claire Laporte Susan E. Maycock Lawrence W. Larner Vincent J. Mayer and Dana Lee Peter W. Lawrence Nancy Mayo-Smith Edwin M. Leach Dennis E. McAvoy Dorothy M. Leef Wiley McCarthy Aviva and David Lee-Parritz George F. McCray Bill and Jill Leisman Michael W. McDonald and Edan Lev-Ari Rebecca Goodwin Lawrence B. Lieb Carla and Paul McDonough Lanayre and Joseph J. Liggera Ruth and Victor McElheny Margaret M. Lilly Philip J. McFarland Peter Little Anne Marie McGarry and E. Christopher Livesay Douglas A. Bacon Reports for   Mr. and Mrs. Matthew McGrath Kathleen M. O’Donnell Stephen McNulty Grace and Scott Offen Frances Nelson McSherry Hans Olsen Jeanne and Art Meehan Jeryl and Stephen Oristaglio Rabbi Bernard H. Mehlman Kenneth Osgood Sarah Meiring Pamela Pacelli Elizabeth M. Mellett Dianne Pappas and Steve Marrow Jonathan and Jane Metcalf Karen and David Parker Maria A. Meyer Suzannah Parker Marlene R. Meyer Michael P. Parran J. William Middendorf Paula and Richard Pease Susan Mikula Charles R. Peck Margo Miller William N. Peck Elizabeth C. Minot Stephen and Pamela J. Pekich Warren J. Miskell and Harriet Samuel Perkins and Nancy Reed Burgoon Wayne A. Perkins, M.D. Charles Mone Samuel D. Perry Adam G.N. Moore Kim M. Peters Alicia and Peter Moore Barbara Petery Ellen Guild Moot John J. Petrowsky Professor and Mrs. Keith Morgan Timothy A. Phillips Mary Morgan and David Wunsch Michael A. Phipps Thomas and Francisca Morgan Sally Pierce Christopher Morse Virginia Pittman Christopher Morss Susan R. Playfair Heather S. Moulton David Poole and Clare Tilton Henry H. Moulton Lia and William Poorvu Regina M. Mullen Sally Portle Betsy and John Munzer Avery D. Post Pat and Troy Murray Steven Taylor Potter Senate President Therese Murray Anne and François Poulet Karen Murton and Richard Nino Harry S. Precourt Barbara and John Myers Karen and Walter Pressey James Najarian Daniel Pullman James F. Nally and Tina Truedson Hope Pym Mary B. Neal and Wendy J. Wolf Brian Quint John Neale Melinda and James Rabb Elaine Negroponte Jim and Lee Rafferty Duncan Neuhauser Dr. Ladette Randolph Anthony P. Nicholas Dr. and Mrs. Keith Rapp Mr. and Mrs. David Nierenberg Ernestine N. Rathborne and Philip Martin F. Nolan Y. DeNormandie Thomas Norris Douglas B. Reeves and Amy Feind Karen Cooke Norton Reeves Clare and Geoffrey Nunes Donna Maria Regis  Boston Athenæum Sally Reid and John Sigel Steven Snider Joan and Howard Resnikoff Bob Soorian and Lydia Vivante Lisa and David Rich J. P. Spang Laura Richardson Anne Verret-Speck and Forrest Donald Rider Speck Nancy B. Riegel Betsy and Gary Spiess Louise C. Riemer Nancy F. Spooner Rachael and Joe Ringenberg Julie Hume Sprague Timothy P. Roach David and Patricia Squire Michael Robbins Robert St. John David and Barbara Roby Elizabeth Stahl Mr. and Mrs. C. Ron Ostberg Jeanne D. Stanton Ronaldo Rauseo-Ricupero Robert B. Stephenson Nancy Roosa and Alex Moot Andrew Stern and Margot Jane Whitehill Rotch LeStrange Mr. and Mrs. William S. Rowe Mary Otis Stevens Susie W. and Edward S. Rowland James C. Stokes Mary P. and Ronald W. Ruth Mrs. Albert Stone, Jr. Jeanne-Marie and John P. Ryan Nan and William Stone Mrs. Patience F. Sandrof Isabelle B. and James M. Storey Jack Sansolo and Dean Waller Diana T. Strange Helen Chin Schlichte Carol D.M. Strasburger Richard and Diane Schmalensee Lise and Myles Striar Luciene F. and John E. Schroeder Katharine R. Sturgis Susanna Schweizer William Sullivan Nancy J. Scott and Martin J. Sunrise Window Cleaning Newhouse James B. Swenson Mimi and Jim Segel Karl Swenson Ellie and Steve Shaer Dr. and Mrs. Ronald Takvorian Robert N. Shapiro Hooker Talcott, Jr. Klaudia S. Shepard Albert Anthony Tappé Robert F. Shields Jolinda and William E. Taylor Anita Shreve Judith and Philip Tedeschi Andrè R. Sigourney Mr. Thomas W. Thaler D. Brenton Simons and The Mark A. Thompson Simons Family Foundation John L. Thorndike Simplex Janitorial Supplies Mr. and Mrs. Reginald F. Thors Joan Sindall and MacGregor Janet Tiampo Freeman Nancy and Michael Tooke Mr. and Mrs. Ronald L. Skates Bruce Twickler J. Donald Smith John W. Tyler Judith Adams Smith John H. Valentine Rosemarie and Thomas William G. P. Verry Smurzynski Eliot and Louisa Vestner Reports for   Peggy Vettese and Ed Benz Contributors Hon. Vieri Volterra and Melanie (up to $  ) Ray Stacie and Tor Aarestad Mr. and Mrs. H. Whitney Wagner Alex Aho Anne and Tom † Walker Susan Allen Charlotte J. Walker Amazon Smile Foundation Mary H. Wall Catherine Amory and Charles Ann and Brad Wallace Deknatel Eugenie and E. Denis Walsh Phyllis Andersen J. Coleman Walsh Gillian B. Anderson William Wasserman Craig S. Armstrong Will and Alexandra Watkins Alice and Kevin Atkins Rita E. Watson Laura G. Babbitt and Michael Laura and Alexander Webb, III Lampert Linda H. Webb Dr. Austen B. Bailly and Mr. Mr. and Mrs. William D. Weeks Jonathan A. Bailly Eleanore and Herbert Weiss Eric Ball Walter H. Weld Richard Barbieri Susan E. Werbe and John E. Bates Michael John Barrett Robert L. and Donna P. West James B. Barron, Jr. Dr. David R. Wheeler and Ms. Shirley D. Bayle Amy Meyer Ron Bento Alexander Whiteside Donald J. Bertrand, Esq. Daniel Wilcox Christopher Binns Sabin and Marta Willett Leni and Stan Bloomenthal Jane and James Wilson Jean and Arthur Boland Leslie Perrin Wilson The Rev. W. E. Douglas Bond, Jr. Mr. and Mrs. John Winthrop and Ms. Andrea K. Southworth Katherine Wisser Dr. Carolyn A. and Mr. John J. Charles F. Woodard, Jr. Boscia Richard Woodville Joan E. Bragen Ben and Carolyn Woznick Daniel Breen and Elizabeth E. Judith K. Wyman Simmons Alburn Blankenship and Maxine Amy and Gorham Brigham Yalovitz-Blankenship Chester and Anthea Brigham Sherod Anne Yancey Steven D. Browne Raymond H. Young Laura B. Carchia Margaret and Charles Ziering Kimberly Carvalho Margaret F. Zimmermann Dr. and Mrs. David Cave Hiller B. Zobel Richard W. Cheek Christine and Michael Zuromskis Liana Cheney Anonymous (  ) Nancy W. Chute Andrea and Gordon Clagett Edward Clark  Boston Athenæum Susan Cnudde Charles W. Haynes John F. Coburn James C. Heigham Andrew H. Cohn John R. Hennessey Domenic Colasacco Nancy and Thomas High Mary Murray B. Coleman H. Constance Hill Ciarán Conners Barbara Hoffman Rebecca Craig The Reverend Dr. John L. Hooker Catherine Creecy Judith Hughes and Michael Mr. and Mrs. Peter C. Dankens Malyszko Amey A. DeFriez Elizabeth Ives Hunter Robert C. Deininger Stephen Nash Hurley Damien DeVasto Charles V. Hyde Kate Dimancescu Pamela Ikauniks Deborah and David Douglas Claudio Innocenti Duane Henry Dreger The Reverend Philip C. Jacobs Mr. and Mrs. Benjamin Dubin Cynthia Johnson Diane Neal Emmons Anna Prince Jones Cynthia English Reverend Joseph M. Kane Todd Estabrook and John Steve Kellerman Tenhula Henry S. Kettell Frederic A. Eustis, II Mrs. Elizabeth C. and Mr. Kim B. David H. Evans Kirk Andrew A. Flake Robert Kohrman Diana Forbes Lorie K. Komlyn William M. Fowler, Jr. and Pamela and Joseph Koontz Marilyn L. Fowler Gina Koprowski Karen and Ronald Gacicia Julius Krein Karen J. Garrison Kimberly and Russell Kussman Penny and Richard Garver Albert R. LaFarge Tessa Gerling and Wilfredo Chiesa Joanne and Paul Langione Sandra and George Gilpatrick Dr. Patrick R. Lawler and Dr. Sarah Sedgwick Ginocchio Virginie Beausejour Ladouceur Lia Glovsky William and Sarah Leaf-Herrmann Richard Green Drs. Sidney and Lynne Levitsky Linda and Stephen Greyser Ellen G. Loring Susan B. Grosel Erik Lund Lloyd H. Guptill Jane MacNeil Ronald Gwiazda Noel Mann Gary Hammer and Harry John P. Margolis Schoenburn Joseph Massik John G. S. Hanson Paula D. Matthews John D. Harrington, Jr. Marianna McCormick Deborah and Steven Hass Frances V.S. McElheny Pamela B. Hatchfield Francis A. McGrail Reports for   Linda and James Means Andrew J. Rota Sara and Andy Miller Paula Ryan Karen Mize Mr. and Mrs. James Saalfield James Mohan Susan A. Sanderson Elizabeth B. Moore Jessica and Christopher Schmidt Paula Morse Gail Scully and James Liebmann Margaret H. and William G. Robert Bayard Severy Morton Harvey S. Shapiro Carol M. Murphree Bernard Sharpe and Family Maureen and Stewart Myers Laurie Sheffield James P. Nicholson Lynsey Waite Shimala Elisabeth Nyman Jeffrey Shipnes Diana Obbard Annie Silverman William M. O’Brien Jean D. Sipe Bill O’Hearn and Diana Smith Judith Siporin Thomas M. and Elizabeth R. Ms. Lucretia M. Slaughter and O’Reilly Mr. Richard Johnson John R. Packard Mary and Charles T. Smallwood Elizabeth A. Pattullo Lowell S. Smith and Sally Sanford Bob and Nancy Phifer Wayne Soini Melissa and Nathaniel Philbrick John Eliot Spofford Dr. Philip Edward Phillips Sharon Ruatto-Steadman and Eugene Plant David R. Steadman Jonathan Ralton Mark von Stein Jennifer and Frank Rand Edward C. Sugrue, Jr. Peter J. Raskauskas Catherine and Leo Sullivan Jay Reeg David W. Swetzoff Jaime and Christopher Reid Meg Tallon Carol A. and Barry M. Rich Amanda Treat Anita W. Robboy Wendy and Bradford Wakeman E. Anne Robinson Stuart Walker Sean Robinson Jane A. Weingarten Sara V. Rocha Jane and Robert Weiss Larrie Rockwell Ian N. Whitehead Bonnie Hyde Rogers Stewart Wise Gordon J. Rollert Jane D. Wiseman † Eleanor and Jay Rosellini Candice and Howard Wolk Alan L. Rosenfield Michael Zoob Dr. M.C. Rosenfield Anonymous (  ) †deceased  Boston Athenæum Other Giving

Gifts to Conservation

Mrs. Virginia L. Beatty Lilla R. Gardiner Joyce M. Bowden and Adam M. Richard S. Lovelace, Jr. Lutynski Susan E. Schur Mary L. Bundy William S. Strong Mary Cronin and Scott Guthery Michael and Louisa von Clemm David L. Driscoll Foundation

Gifts to Book Acquisition Funds

Jerry and Priscilla Anderson Barbara W. Moore Gaye L. Bok Susan McWhinney-Morse and David Joan Toland Bok Morse John H. Brandt, M.D. Andy Muir Steve Burmiester Betsy and John Munzer James T. Connelly Elizabeth A. Murray William G. Coughlin Joan and Roderick Nordell Karin and Charles Dumbaugh Gordon and Marjorie Osborne Anthony Feiock Foundation Mary and Lawrence George The Overlook Fund Bob Glassman and Roberta Glick Bridget M. Palmer Donald Goldenbaum Betsy and Larry Piebenga Torrence C. Harder Barbara and Stephen Roop Timothy T. Hilton Kathleen Rueger Terence Janericco Doreen Seligson Jean, Joan, and Sylvia Jane Moulton Stahl Mrs. John M. Kingsland Greig M. Stewart Barry M. Lamont, M.D. Lise and Myles Striar Mr. and Mrs. Henry A. Karen C. Taylor Laughlin, III Ann B. Teixeira Bette MacKenzie Jack Vetter Phil Marrow Deborah Jackson Weiss and Scott T. Jane and Jeffrey Marshall Weiss, M.D. Susan E. Maycock Eris White Teresa F. Mazzulli Kathryn and Robert G. Windsor Bruce McClelland Anonymous Jane W. Mead Reports for   Bequests Estate of Robert L. Barry Estate of Cynthia Mutti Estate of Marilyn L. R. Peterson

Tribute Gifts Gifts were made in memory of the following: Clifford Young Dr. Mayo Johnson Edward Kessler Connaught Mahony Liz Muir Thomas S. Walker

Gifts were made in honor of the following: Rodney Armstrong Anne and David Bromer David Dearinger Rose Concetta Floccari Di Lillo Jane C. Gottschalk Barbara and John Hanify Terence Janericco John Lannon Leslie Meyer-Leon and Robert Kleinberg’s Wedding John and Betsy Munzer’s  th Wedding Anniversary Catharina Slautterback

Matching Gift Programs Ameriprise Financial Biogen Idec Foundation The Blue Hills Bank Charitable Foundation Eastern Bank Charitable Foundation ExxonMobil Foundation Fiduciary Trust Company FM Global Foundation Google, Inc. IBM Matching Grants Program  Boston Athenæum Pfizer Foundation Matching Gifts Robert Wood Johnson Foundation State Street Matching Gifts Program UnitedHealth Group Anonymous

Book Gifts Edward Addison John F. Hemenway Karen Ager George G. Herrick Randall H. Albright Michael Hintlian Trish and Alex Altschuller Frank L. Hohmann, III Georgia B. Barnhill Judith A. Holoway Thomas E. Bator Barbara and Nelson Yuan-sheng Barbara Bayliss Kiang Edward Bell Eleanore Kleiss Edward P. Berger Stephen K. Krause Maxine Yalovitz-Blankenship Robert Kruse and Alburn Blankenship Stephen T. Kunian Stephen Borkowski Susan A. Lester James W. Bradley Library of Julio Santo Domingo Margaret Bratschi Robin Lincoln Chester Brigham James A. Luedke, Jr. Diane and John Paul Britton John H. and Luisa F. Mansfield Anne and David Bromer Steve Maas Catherine and Terry Catchpole Mr. and Mrs. M. Holt Massey James T. Connelly Thomas and Margaret McCormick Elizabeth M. Covart Henry H. Meyer, Jr. William R. Cross Michael Montagne Stephen Desroches Tarik Mughisuddin Jacqueline C. DuPont Beatrice J. Nessen William K. Evans Christopher Newell Cynthia and John W. Everets Nichols House Museum Alan H. Fisher Carolyn Osteen Richard L. Flaig Katja Oxman Gallery NAGA C.W. Eliot Paine Jack Gantos William N. Peck Jody Gill Ronald Polito Don Gorvett Tom Rankin Barbara L. Guenberg Emma Romeu Scott B. Guthery Charles E. Rounds Andrew Hahn Jack Sansolo and Dean Waller Henry H. Hammond Robert Bayard Severy Betsey Harrison Shirlie M. Slater Reports for   Summar C. Sparks Hon. Vieri Volterra and Melanie Mark Addison Smith Ray Mary Otis Stevens Marshall Weber L. Gerald Tarantino Hank Whittemore Elizabeth and Peter Thomson Kathleen Williamson Richard Vacca Peter Zuger Patricia Dunleavy Valenti Anonymous ( ) Adam Van Doren and David McCullough

Miscellaneous

The following individuals and organizations supported a variety of initiatives not included in the above categories: The Children of Dorothy H. Baldini James W. Bradley Richard W. Cheek H. Nichols B. Clark, in memory of Charles E. Mason, Jr. Peter S. and Jane Dexter Coleman Cynthia and John W. Everets Highland Street Foundation Jody and Tom Gill Mary Cronin and Scott Guthery Laurie Kent Lois and Stephen Kunian John H. and Maria Luisa F. Mansfield Weston and Mary Naef Marybeth Nelson Carolyn and Robert Osteen Katja Oxman Ron Polito Charles Shadle Mrs. Sayre Phillips Sheldon Sonny’s Restaurant and Lounge

CONSOLIDATED FINANCIAL STATEMENTS AND SUPPLEMENTAL SCHEDULES

Proprietors of the Boston Athenæum

September ,  and 

PROPRIETORS OF THE BOSTON ATHENÆUM CONSOLIDATED FINANCIAL STATEMENTS AND SUPPLEMENTAL SCHEDULES

TABLE OF CONTENTS

Consolidated Financial Statements:

Independent Auditors’ Report 73

Consolidated Statements of Financial Position 75

Consolidated Statement of Activities 76

Consolidated Statements of Cash Flows 80

Notes to Consolidated Financial Statements 81

Supplemental Schedules:

Schedule 1 - Consolidating Statement of Financial Position 99

Schedule 2 - Operating Expenses 100

Schedule 3 - Book Endowment Funds 101

Schedule 4 - Special Endowment Funds 107

Schedule 5 - General Endowment Funds 110

INDEPENDENT AUDITORS’ REPORT

Board of Trustees Proprietors of the Boston Athenæum Boston, Massachusetts

We have audited the accompanying consolidated financial statements of the Pro - prietors of the Boston Athenæum (the “Athenæum”), which comprise the consoli - dated statements of financial position as of September 30, 2016 and 2015, and the related consolidated statements of activities, and cash flows for the years then ended, and the related notes to the consolidated financial statements.

Management’s Responsibility for the Consolidated Financial Statements Management is responsible for the preparation and fair presentation of these consolidated financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of consolidated financial statements that are free from material misstatement, whether due to fraud or error.

Auditors’ Responsibility Our responsibility is to express an opinion on these consolidated financial state - ments based on our audits. We conducted our audits in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the consolidated financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the consolidated financial statements. The procedures selected depend on the auditors’ judgment, including the assessment of the risks of material misstatement of the consolidated financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation of the consolidated financial statements in order to design audit procedures that are appropriate in the circum - stances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. Accordingly, we express no such opinion. An audit also in - cludes evaluating the appropriateness of accounting policies used and the reason - ableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the consolidated financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

Opinion In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the consolidated financial position of the Proprietors of the Boston Athenæum as of September 30, 2016 and 2015, and the changes in its net assets and its cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America. Other Matters

 

Supplemental Information Our audits were conducted for the purpose of forming an opinion on the consoli - dated financial statements as a whole. The supplemental schedules listed in the table of contents are presented for purposes of additional analysis and are not a required part of the consolidated financial statements. Schedules 1, 3, 4 and 5 present information as of September 30, 2016. Schedule 2 presents information for the years ended September 30, 2016 and 2015. Such information is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the consolidated financial statements. The information has been subjected to the audit - ing procedures applied in the audits of the consolidated financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the consolidated finan - cial statements or to the consolidated financial statements themselves, and other addi - tional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the supplemental schedules are fairly stated in all ma - terial respects in relation to the consolidated financial statements as a whole.

Mayer Hoffman McCann P.C.

January 17, 2017 Boston, Massachusetts  PROPRIETORS OF THE BOSTON ATHENÆUM

Consolidated Statements of Financial Position

September 30, 2016 2015

ASSETS

Cash and cash equivalents $ 626,469 $ 477,310 Pledges receivable, net 1,148,522 1,196,182 Other assets 695,821 91,756 Investments 84,842,422 81,678,424 Property, plant and equipment, net 21,647,362 22,501,542 Beneficial interest in perpetual trust 607,172 582,100

Total assets $109,567,768 $106,527,314

Liabilities and Net Assets

Liabilities: Accounts payable $ 134,159 $ 277,973 Accrued and other liabilities 524,926 663,333 Deferred revenue 654,355 662,735

Total liabilities 1,313,440 1,604,041

Net assets: Unrestricted 67,774,132 65,806,056 Temporarily restricted 9,701,800 8,531,745 Permanently restricted 30,778,396 30,585,472

Total net assets 108,254,328 104,923,273

Total liabilities and net assets $109,567,768 $106,527,314

See Independent Auditors’ Report and accompanying notes to consolidated financial statements.  PROPRIETORS OF THE BOSTON ATHENÆUM 

Consolidated Statement of Activities Year Ended September 30, 2016 (with comparison totals for 2015)

2016 2015 Temporarily Permanently Unrestricted Restricted Restricted Total Operating revenues, gains and other support: Contributions, gifts and grants $ 1,044,786 $ 82,334 $ - $ 1,127,120 $ 1,331,553 Investment return designated for current operations 4,165,808 - - 4,165,808 3,958,277 Membership dues revenue 1,270,078 - - 1,270,078 1,209,239 Events and other program revenue 116,072 - - 116,072 157,843 Rental and other non-program revenue 45,670 - - 45,670 82,886 Appropriations from board-designated funds 142,275 - - 142,275 47,048 Net assets released from restrictions 80,842 (80,842) - - -

Total 6,865,531 1,492 - 6,867,023 6,786,846

Operating expenses, excluding depreciation and amortization: Program services 4,797,156 - - 4,797,156 4,952,106 Supporting services: General and administrative 1,117,268 - - 1,117,268 1,119,576 Fundraising and membership 988,093 - - 988,093 979,670

Total 6,902,517 - - 6,902,517 7,051,352

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I N D D N I PROPRIETORS OF THE BOSTON ATHENÆUM  

Consolidated Statement of Activities Year Ended September 30, 2015

2015 Temporarily Permanently Unrestricted Restricted Restricted Total Operating revenues, gains and other support: Contributions, gifts and grants $ 1,069,758 $ 261,795 $ - $ 1,331,553 Investment return designated for current operations 3,958,277 - - 3,958,277 Membership dues revenue 1,209,239 - - 1,209,239 Events and other program revenue 157,843 - - 157,843 Rental and other non-program revenue 82,886 - - 82,886 Appropriations from board-designated funds 47,048 - - 47,048 Net assets released from restrictions 245,183 (245,183) - -

Total 6,770,234 16,612 - 6,786,846

Operating expenses, excluding depreciation and amortization: Program services 4,952,106 - - 4,952,106 Supporting services: General and administrative 1,119,576 - - 1,119,576 Fundraising and membership 979,670 - - 979,670

Total 7,051,352 - - 7,051,352

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I N D I D N  PROPRIETORS OF THE BOSTON ATHENÆUM

Consolidated Statement of Cash Flows

Years Ended September 30, 2016 2015

Cash flows from operating activities: Increase (decrease) in net assets $ 3,332,555 $(10,422,834) Adjustments to reconcile increase (decrease) in net assets to net cash used in operating activities: Depreciation and amortization 919,141 916,370 Net investment (gains) losses (6,466,051) 6,450,218 Contributions and investment income restricted for long-term investment (192,924) (141,157) (Increase) decrease in operating assets: Pledges receivable, net 47,660 33,335 Beneficial interest in perpetual trust (25,072) 68,210 Other assets (604,065) 36,404 Increase (decrease) in operating liabilities: Accounts payable (143,814) 179,748 Accrued and other liabilities (138,407) 114,358 Deferred revenue (8,380) 28,690

Total adjustments (6,611,912) 7,686,176

Net cash used in operating activities (3,279,357) (2,736,658)

Cash flows from investing activities: Expenditures for property, plant and equipment (64,961) (104,800) Proceeds from sales and maturities of investments 12,712,323 12,495,025 Payments for purchases of investments (9,410,270) (9,473,671)

Net cash provided by investing activities 3,237,092 2,916,554

Cash flows from financing activities: Repurchases or shares reclaimed of Boston Athenæum Proprietor shares, net (1,500) - Contributions and investment income restricted for long-term investment 192,924 141,157

Net cash provided by financing activities 191,424 141,157

Net increase in cash and cash equivalents 149,159 321,053

Cash and cash equivalents, beginning of year 477,310 156,257

Cash and cash equivalents, end of year $ 626,469 $ 477,310

See Independent Auditors’ Report and accompanying notes to consolidated financial statements.  PROPRIETORS OF THE BOSTON ATHENÆUM

Notes to Consolidated Financial Statements

Note 1 - Summary of Significant Accounting Policies

Organization The consolidated financial statements include the accounts of the Proprietors of the Boston Athenæum (the “Athenæum”) and the Boston Library Society (the “Society”), collectively referred to as the “Athenæum”. The Athenæum is a membership and research library founded in 1807. Its collection comprises more than a half million volumes, as well as a distinguished fine arts collection. The library is supported by proprietors who own shares in the library and by other members who pay annual fees. The Society was founded as a membership library in 1792. The Society’s book collection and other re - sources were merged with that of the Athenæum in 1939. All trustees and officers of the Society are also trustees and officers of the Athenæum.

Consolidated Financial Statement Presentation The consolidated financial statements of the Athenæum have been prepared on the accrual basis of accounting. The Athenæum presents information regarding its financial position and activities according to three classes of net assets described as follows:

Unrestricted - All resources over which the governing board has discretionary control. The governing board of the Athenæum may elect to designate such resources for specific purposes. This designation may be removed at the Board’s discretion.

Temporarily restricted - Resources accumulated through donations or grants for specific operating or capital purposes. Such resources will become un - restricted when the requirements of the donor or grantee have been satisfied through expenditure for the specified purpose or program or through the passage of time.

Permanently restricted - Endowment resources accumulated through donations or grants that are subject to the restriction in perpetuity that the principal be invested. Unexpended appreciation on permanently restricted net assets is included in temporarily restricted net assets until appropriated by the Board for use unless otherwise instructed by the donor.

Accounting Estimates The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenue and expenses during the reporting pe - riod. Actual results could differ from those estimates. Significant management estimates included in the consolidated financial statements include allowance for doubtful pledges receivable, valuation of alternative investments, valuation of interest in perpetual trust, useful lives of depreciable assets and allocation of expenses to programs.  PROPRIETORS OF THE BOSTON ATHENÆUM

Notes to Consolidated Financial Statements Subsequent Events The Athenæum has evaluated the financial statement impact of subsequent events occurring through January 17, 2017, the date that the financial statements were author - ized to be issued.

Cash and Cash Equivalents The Athenæum considers highly liquid debt securities with maturities of three months or less at the date of purchase to be cash equivalents. The Athenæum maintains its cash in bank deposit accounts which, at times, may exceed federally insured limits. Cash held by investment managers are considered part of investments given the expec - tation of near term reinvestment. The Athenæum monitors its exposure associated with cash in bank deposits and has not experienced any losses in such accounts.

Investments Investments are carried at fair value. Fair value is determined as per the fair value policies described later in this section. Interest, dividends and net gains or losses on investments are reported in the state - ment of activities as increases or decreases in permanently restricted net assets if the terms of the gift require that amounts be applied to principle, as increases or decreases in tem - porarily restricted net assets if the term of the gift or state law impose restriction on cur - rent use, and as increases or decreases in unrestricted net assets in all other cases. The investments of the Athenæum are pooled and unitized for accounting purposes. Each fund subscribes to, or disposes of, units on the basis of the fair value per unit at the end of the calendar quarter within which the transactions take place. Investment in - come, including interest, dividends and realized and unrealized gains and losses, is allo - cated quarterly based on the number of units held by each fund at the beginning of the quarter.

Fair Value Measurements The Athenæum reports certain assets at fair value on a recurring and nonrecurring basis depending on the underlying accounting policy for the particular item. Recurring fair value measures include the Athenæum’s beneficial interest in perpetual trust and its investment accounts. Nonrecurring measures include pledges receivable. The standards require an entity to maximize the use of observable inputs (such as quoted prices in ac - tive markets) and minimize the use of unobservable inputs (such as appraisals or valu - ation techniques) to determine fair value. In addition, the Athenæum reports certain investments using the net asset value (“NAV”) per share as determined by investment managers under the so called “practical expedient”. The practical expedient allows net asset value per share to represent fair value for reporting purposes when the criteria for using this method are met. Fair value standards also require that all financial instruments other than those accounted for under the NAV method to be classified into a three-level hierarchy, based on the priority of inputs to the valuation technique. Such classifications are as follows:  PROPRIETORS OF THE BOSTON ATHENÆUM

Notes to Consolidated Financial Statements Level 1 - Quoted prices are available in active markets for identical instruments as of the reporting date. Instruments which are generally included in this category include listed equity and debt securities publicly traded on a stock exchange.

Level 2 - Pricing inputs are other than quoted prices in active markets, which are either directly or indirectly observable as of the reporting date, and fair value is determined through the use of models or other valuation methodologies.

Level 3 - Pricing inputs are unobservable for the instrument and include situations where there is little, if any, market activity for the instrument. The inputs into the determination of fair value require significant management judgment or estima - tion.

In some instances, the inputs used to measure fair value may fall into different levels of the fair value hierarchy and is based on the lowest level of input that is significant to the fair value measurement. Market price is affected by a number of factors, including the type of instrument and the characteristics specific to the instrument. Instruments with readily available ac - tive quoted prices or for which fair value can be measured from actively quoted prices generally will have a higher degree of market price observability and a lesser degree of judgment used in measuring fair value. It is reasonably possible that change in values of these instruments will occur in the near term and that such changes could materially affect amounts reported in these financial statements. For more information on the fair value of the Athenæum’s financial instruments, see Note 3 – Investments, Beneficial In - terest in Perpetual Trust and Fair Values.

Endowment Funds The Athenæum’s endowment consists of over 500 endowment funds established for a variety of purposes. Its endowment includes both donor-restricted endowment funds and funds designated by the Board to function as endowments. Net assets associated with endowment funds are classified and reported based on the existence or absence of donor-imposed or legal restrictions. The Athenæum classifies as permanently restricted net assets (a) the original value of gifts donated to the permanent endowment, (b) the original value of subsequent gifts to the permanent endowment, and (c) accumulations to the permanent endowment made in accordance with the direction of the applicable donor gift instrument at the time the accumulation is added to the fund. The remaining portion of the donor-re - stricted endowment fund that is not classified in permanently restricted net assets is classified as temporarily restricted net assets until those amounts are appropriated for expenditure by the Athenæum in a manner consistent with the standard of prudence prescribed by state law. In accordance with state law, the Athenæum considers the following factors in mak - ing a determination to appropriate or accumulate donor-restricted endowment funds:  PROPRIETORS OF THE BOSTON ATHENÆUM

Notes to Consolidated Financial Statements • The duration and preservation of the fund • The purposes of the organization and the donor-restricted endowment fund • General economic conditions • The possible effect of inflation and deflation • The expected total return from income and the appreciation of investments • Other resources of the organization • The investment policies of the organization

The Athenæum has adopted investment and spending policies for its Board-desig - nated and other endowment assets that attempt to provide a predictable stream of fund - ing for its programs while seeking to maintain the purchasing power of the endowment assets by generating a total real return, net of fees, that exceeds the spending rate over the long-term. Under this policy, as approved by the Board, the endowment assets are invested primarily in equities with a target rate of return of 5 to 6% per annum real (after inflation and net of fees). Actual returns in any given year may vary from this amount. Assets are strategically allocated among diverse asset classes and investment styles in order to enhance returns and reduce portfolio volatility and other forms of risk. To satisfy its long-term rate-of-return objectives, the Athenæum relies on a total return strategy in which investment returns are achieved through both capital appreciation (re - alized and unrealized) and current yield (interest and dividends). The Athenæum has a policy of appropriating for distribution each year 5% of its endowment fund’s average fair value over the prior twelve quarters through March 31 of the year proceeding the year in which the distribution is planned. Accordingly, over the long term, the Athenæum expects the current investment policy to exceed the spend - ing policy, thus preserving the purchasing power of the endowment. Appropriations ap - proved for fiscal year 2017 are $4,242,483.

Contributions, Gifts and Pledges Receivable Contributions received are recorded as unrestricted, temporarily restricted, or per - manently restricted support depending on the existence and nature of any donor re - strictions when received or otherwise verifiably committed. Contributions may include actual gifts or promises to give. Such contributions are considered to be available for unrestricted use unless specifically restricted by the donor or grantor. Contributions of assets other than cash are recorded at their fair value on the date of the gift. Restricted gifts or promises to give are required to be reported as restricted support in the period received and are then released to unrestricted net assets upon satisfaction of the donor restriction. Restrictions on contributions related to the acquisition of long-lived assets are considered satisfied at the time the asset is acquired. Unconditional promises to give are recorded at fair value when initially pledged. The initially recorded value is considered a Level 2 fair value approach. The fair value of pledges expected to be fulfilled via cash payments extending over one year is arrived at computing the present value using a risk adjusted rate when promised. Accretion of the discount is included in contributions and gifts revenue. Conditional promises to give are not included as support until such time as the conditions are substantially met. Pledges are periodically reviewed to estimate an allowance associated with the risk of nonpay - ment. Management estimates the allowance based on a review of historical expense and a review of particular circumstances of individual pledges.  PROPRIETORS OF THE BOSTON ATHENÆUM

Notes to Consolidated Financial Statements Recognition of Membership Revenue, Event Revenue, Rental Revenue and Contracted Services Membership dues are recorded as earned over a one-year period from the date of receipt. Events revenue is reported as revenue on the date of the event. Advance sales are re - ported as deferred revenue. Rental revenue is reported as revenue on the date of the rental.

Operations The consolidated statement of activities reports the changes in unrestricted, tem - porarily restricted and permanently restricted assets from operating and non-operating activities. Unrestricted revenues, gains and other support consist of those items attrib - utable to the Athenæum’s primary mission. Investment income included in operations reflects the amount computed by using the spending policy for the period as approved by the Board of Trustees. All other investment income or losses are reported as non-op - erating revenue. Operating revenue also includes contributions received related to annual fund support and support of the Athenæum’s operations while all other contributions, gifts and grants are classified as non-operating. Temporarily restricted net assets that are released from donor restrictions that arose from donations for specific operating purposes are treated as an operating release of restrictions. Temporarily restricted net assets that are released from donor restrictions that arose from appreciation on restricted endowment funds are treated as a non-operating release of restrictions. All other activ - ities are deemed operating.

Property, Plant and Equipment Building improvements, furniture and equipment, computers and software, and the automated library system are recorded at cost and depreciated in amounts sufficient to relate the cost of the assets to their estimated useful lives. Leasehold improvements are recorded at cost and amortized over the term of the lease. The land and building at 10½ Beacon Street, a registered historic landmark, are carried at cost and are not depreci - ated.

Beneficial Interest in Perpetual Trust Beneficial interest in perpetual trusts represents the fair value of investments held by the trust for the benefit of the Athenæum. The trust periodically makes distributions to the Athenæum and such amounts are included within the spending policy amounts within the statement of activities. Given the perpetual nature of this instrument, changes in fair value of the underlying investments are accounted for as a non-operating item within permanently restricted net assets. In the event that the Athenaeum no longer ex - ists as an entity, such amounts could be allocable to other uses at the discretion of the trustees of the assets.

Collections The collections which were acquired through purchases and contributions since the Athenæum’s inception are not recognized as assets on the consolidated statement of fi - nancial position; however such items are managed per the policy below. Purchases of  PROPRIETORS OF THE BOSTON ATHENÆUM

Notes to Consolidated Financial Statements collection items are recorded as decreases in unrestricted net assets in the year in which the items are acquired and as releases of restricted net assets if the assets used to purchase the items were used to fund the purchase. Contributed collection items are not reflected as revenue in the consolidated financial statements. Proceeds from de-accessions or in - surance recoveries are reflected as increases in net assets. The Athenæum’s collections are made up of books, artifacts of historical significance and art objects that are held for educational, research, scientific and curatorial purposes. Each of the items is cataloged, preserved and cared for, and activities verifying their ex - istence and accessing their condition are performed continuously.

Donated Services No amounts have been reflected in the consolidated financial statements for donated services as such items did not meet the standards for recognition. The Athenæum pays for most services requiring specific expertise. However, many individuals volunteer their time and perform a variety of tasks that assist the Athenæum with its programs. From time to time, the Athenæum receives gifts in-kind which for the most part represent contributions to the collection and are not recognized as revenue. Non col - lection gifts in-kind are recorded as revenue when the gift is committed at its estimated fair market value using objective and acceptable methods depending on the nature of the item.

Income Tax Status The Athenæum is recognized by the Internal Revenue Service as an organization de - scribed under Section 501(c)(3) of the Internal Revenue Code and is generally exempt from Federal and state income taxes on related income. Accordingly, no provision for income taxes has been made in the consolidated financial statements.

Uncertain Tax Positions The Athenæum accounts for the effect of any uncertain tax positions based on a “more likely than not” threshold to the recognition of the tax positions being sustained based on the technical merits of the position under scrutiny by the applicable taxing au - thority. If a tax position or positions are deemed to result in uncertainties of those po - sitions, the unrecognized tax benefit is estimated based on a “cumulative probability assessment” that aggregates the estimated tax liability for all uncertain tax positions. The Athenæum has identified its tax status as a tax-exempt entity and its determination of which activities are related and unrelated as its only significant tax positions; however, the Athenæum has determined that such tax positions do not result in an uncertainty requiring recognition. The Athenæum is not currently under examination by any taxing jurisdiction. The Athenæum’s Federal and state tax returns are generally open for ex - amination for three years following the date filed.

Functional Expense Allocation Costs have been allocated to functional classifications based on percentage of effort, usage, square footage and other criteria.  PROPRIETORS OF THE BOSTON ATHENÆUM

Notes to Consolidated Financial Statements Note 2 - Pledges Receivable Pledges receivable are as follows at September 30: 2016 2015

Due: Less than one year $ 211,294 $ 191,019 One to five years 400,000 400,000 Greater than 5 years 847,203 947,192 Total pledges receivable 1,458,497 1,538,211

Less: Discounts to present value (269,975) (302,029) Allowances for uncollectible pledges (40,000) (40,000) Net pledges receivable $ 1,148,522 $ 1,196,182

One pledge represents 92% of the pledge receivable balance.

Note 3 - Investments

Investments are included in the following classes of net assets at September 30: 2016 2015 Donor-restricted endowment funds: Unrestricted $ (83,576) $ (278,590) Temporarily restricted 9,196,202 8,019,199 Permanently restricted 29,002,011 28,726,676

Board-designated as endowment funds 45,491,264 43,572,435

Other donor-restricted funds: Temporarily restricted 499,848 522,646

Unrestricted 736,673 1,116,058 Investments $ 84,842,422 $ 81,678,424

 PROPRIETORS OF THE BOSTON ATHENÆUM

Notes to Consolidated Financial Statements The following table is a summary of investments and beneficial interest in a perpetual trust along with the fair value method used in valuation at September 30:

2016 Level 1 Level 3 NAV Total Investments: Money market funds $ 5,973,192 $ - $ - $ 5,973,192 Equity securities 3,660,259 - - 3,660,259 Debt securities 276,084 - - 276,084 Mutual funds: Equity securities 19,317,182 - 5,417,709 24,734,891 Debt securities 10,649,451 - - 10,649,451 Real assets/inflation hedging securities 5,452,446 - 5,687,997 11,140,443 Partnerships: Equity funds - - 17,467,189 17,467,189 Hedge funds - - 10,939,913 10,939,913 Preferred stock 1,000 - - 1,000 Subtotal investments 45,329,614 - 39,512,808 84,842,422

Beneficial interest in perpetual trust - 607,172 - 607,172

Total financial assets at fair value $ 45,329,614 $ 607,172 $ 39,512,808 $ 85,449,594

2015 Level 1 Level 3 NAV Total Investments: Money market funds $ 1,662,749 $ - $ - $ 1,662,749 Equity securities 3,393,379 - - 3,393,379 Debt securities 279,077 - - 279,077 Mutual funds: Equity securities 16,761,184 - 4,925,190 21,686,374 Debt securities 10,423,784 - - 10,423,784 Real assets/inflation hedging securities 4,882,533 - 5,065,258 9,947,791 Partnerships: Equity funds - - 16,377,297 16,377,297 Hedge funds - - 17,906,973 17,906,973 Preferred stock 1,000 - - 1,000 Subtotal investments 37,403,706 - 44,274,718 81,678,424

Beneficial interest in perpetual trust - 582,100 - 582,100

Total financial assets at fair value $ 37,403,706 $ 582,100 $ 44,274,718 $ 82,260,524

All of the investments measured at September 30, 2016 measured at NAV have redemp - tion periods of 90 days or less. At September 30, 2015, $7,106,173 of investments meas - ured at NAV had redemption periods of 90 days or more.  PROPRIETORS OF THE BOSTON ATHENÆUM

Notes to Consolidated Financial Statements

Level 3 Roll Forward Beneficial interest in perpetual trust balance at September 30, 2014 $ 650,310 Realized loss (4,649) Unrealized loss (39,367) Interest and dividends 17,777 Appropriations for expenditure and fees (41,971) Beneficial interest in perpetual trust balance at September 30, 2015 582,100 Realized loss (16,520) Unrealized gain 60,742 Interest and dividends 15,392 Appropriations for expenditure and fees (34,542) Beneficial interest in perpetual trust balance at September 30, 2016 $ 607,172

The following schedule summarizes the investment return and its classification in the con - solidated statement of activities for the year ended September 30, 2016: Temporarily Permanently Unrestricted Restricted Restricted Total Interest and dividend income $ 485,340 $ 361,935 $ 16,732 $ 864,007 Net realized and unrealized gains 3,832,787 2,693,027 64,936 6,590,750 Investment management fees (169,201) (116,424) (726) (286,351)

Total return on investments 4,148,926 $ 2,938,538 $ 80,942 $ 7,168,406

Less: investment return designated for current operations 4,165,808

Investment return less amounts designated for current operations $ (16,882)  PROPRIETORS OF THE BOSTON ATHENÆUM

Notes to Consolidated Financial Statements The following schedule summarizes the investment return and its classification in the con - solidated statement of activities for the year ended September 30, 2015: Temporarily Permanently Unrestricted Restricted Restricted Total Interest and dividend income $ 491,651 $ 365,553 $ 11,954 $ 869,158 Net realized and unrealized gains (3,714,174) (2,507,619) (56,999) (6,278,792) Investment management fees (166,566) (128,635) (769) (295,970)

Total return on investments (3,389,089) $(2,270,701) $ (45,814) $(5,705,604)

Less: investment return designated for current operations 3,958,277

Investment return less amounts designated for current operations $ (7,347,366)

Certain fund’s management fees are embedded against returns and, accordingly, the in - vestment fees reported above relate only to those costs incurred directly by the Athe-næum or separately disclosed by fund managers. The Athenæum has no intentions or plans to liquidate any NAV practical expedient in - vestments at other than NAV per share. There were no unfunded commitments under var - ious investment vehicles at September 30, 2016 or 2015.

Note 4 - Property, Plant and Equipment Property, plant and equipment as of September 30 consist of:

2016 2015

Land and building $ 199,303 $ 199,303 Building and leasehold improvements 33,732,907 33,681,791 Furniture and equipment 1,063,996 1,063,996 Computers and software 60,395 46,550 Automated library system 179,133 179,133

35,235,734 35,170,773 Less: accumulated depreciation and amortization 13,588,372 12,669,231

$ 21,647,362 $ 22,501,542

Depreciation and amortization expense was $919,141 and $916,370 in 2016 and 2015, respectively.  PROPRIETORS OF THE BOSTON ATHENÆUM

Notes to Consolidated Financial Statements

Note 5 - Endowment Assets Endowment assets include donor-restricted and Board-designated investments as well as beneficial interests in perpetual trusts. Changes in endowment assets for the years ended September 30, 2016 and 2015 are as follows:

2016 Temporarily Permanently Unrestricted Restricted Restricted Total Endowment and funds functioning as endowment, beginning of year $ 43,639,621 $ 8,019,199 $ 29,440,308 $ 81,099,128

Investment return: Interest and dividend income 459,585 361,936 16,732 838,253 Net realized and unrealized gains 3,638,055 2,887,758 64,936 6,590,749 Investment management fees (153,047) (116,424) (726) (270,197)

Investment return before reclassification 3,944,593 3,133,270 80,942 7,158,805 Reclassification of deficient funds 195,012 (195,012) - -

Total investment return 4,139,605 2,938,258 80,942 7,158,805

Additions 567,500 - 179,918 747,418

Appropriation for expenditure (2,404,554) (1,761,254) - (4,165,808)

Endowment and funds functioning as endowment, end of year $ 45,942,172 $ 9,196,203 $ 29,701,168 $ 84,839,543  PROPRIETORS OF THE BOSTON ATHENÆUM

Notes to Consolidated Financial Statements

2015 Temporarily Permanently Unrestricted Restricted Restricted Total Endowment and funds functioning as endowment, beginning of year $ 48,943,620 $ 12,109,531 $ 29,233,067 $ 90,286,218 Investment return: Interest and dividend income 464,961 365,553 11,954 842,468 Net realized and unrealized gains (3,442,804) (2,778,989) (56,999) (6,278,792) Investment management fees (168,403) (128,636) (769) (297,808) Investment return before reclassification (3,146,246) (2,542,072) (45,814) (5,734,132) Reclassification of deficient funds (271,370) 271,370 - - Total investment return (3,417,616) (2,270,702) (45,814) (5,734,132)

Additions 30,000 - 253,055 283,055 Appropriation for expenditure (1,916,383) (1,819,630) - (3,736,013) Endowment and funds functioning as endowment, end of year $ 43,639,621 $ 8,019,199 $ 29,440,308 $ 81,099,128

From time to time, the fair value of assets associated with individual donor-restricted endowment funds may fall below the level that the donor-imposed restrictions require the Athenæum to retain as a fund of perpetual duration. In accordance with generally accepted accounting principles, deficiencies of this nature are reported in unrestricted net assets. Such deficiencies amounted to $190,037 and $558,314 as of September 30, 2016 and 2015, respectively.  PROPRIETORS OF THE BOSTON ATHENÆUM

Notes to Consolidated Financial Statements Note 6 - Leases The Athenæum leases a portion of its facilities under operating lease agreements, which expire through 2024. Rent expense was $217,930 and $203,994 in 2015 and 2014, respectively. The lease agreements allow for increases in operating costs of the related fa - cility over the term of the leases. Future minimum lease payments are as follows: Year Ended September 30, 2017 $ 147,589 2018 135,150 2019 135,150 2020 135,150 2021 135,150 2022 - Thereafter 371,663 $ 1,059,852

Note 7 - Functional Expenses Functional expenses including depreciation have been allocated to the programs and supporting services benefited as of September 30 as follows:

2016 2015 Operating expenses: Program services $ 5,666,557 $ 5,846,055 Supporting services: General and administrative 1,150,730 1,128,117 Fundraising and membership 1,004,371 993,550 Total $ 7,821,658 $ 7,967,722

Note 8 - Employees’ Retirement Plan Retirement benefits for employees are funded and vested under a defined contribu - tion plan with Teachers Insurance and Annuity Association and the College Retirement Equities Fund (TIAA-CREF). The Athenæum’s contribution percentage was 5% plus an up-to-3% match (maximum possible contribution of 8%) for the years ended September 30, 2016 and 2015. The Athenæum’s expense under this program is re-corded and ac - counted for annually as a portion of the total compensation of each eligible participant and aggregated $172,194 and $167,500 for 2016 and 2015, respectively. The Athenæum also has a supplemental deferred annuity plan with TIAA-CREF that qualifies under Section 403(b) of the Internal Revenue Code. Employees may make voluntary deferrals into the plan up to the maximum amount allowed by the Internal Revenue Code. The Athenæum does not contribute to this plan. 

 Note 9 - Net Assets Unrestricted Net Assets - Board-Designated

The following is a summary of unrestricted board-designated net asset activity for the years ended September 30, 2016 and 2015: P R

2016 O N P

Draw Down Draw Down Investment o R t e I E Beginning (for Capital (for Non-capital Income Ending s

T t o

Board Restricted Fund Balance Additions Expenditures) Expenditures) (Net of Fees) Balance O

C R o S n

s CARF fund $ 461,084 $ 752,385 $ (90,833) $ (51,460) $ 542 $ 1,071,718 O o l F i d Vision fund 265,060 - - (89,894) - 175,166 T a H Art deaccession funds 22,008 1,350 - - - 23,358 t e E d

Art acquisition funds 9,574 - - (921) - 8,653 F B i O n a S n Total $ 757,726 $ 753,735 $ (90,833) $ (142,275) $ 542 $ 1,278,895 T c O i a N l

S A t T a t H

2015 e m E N

Draw Down Draw Down Investment e n Æ Beginning (for Capital (for Non-capital Income Ending t s Board Restricted Fund Balance Additions Expenditures) Expenditures) (Net of Fees) Balance U M

CARF fund $ 560,975 $ - $ (91,344) $ (8,595) $ 48 $ 461,084 Vision fund - 287,000 - (21,940) - 265,060 Art deaccession funds 16,721 21,800 - (16,513) - 22,008 Art acquisition funds - 9,574 - - - 9,574

Total $ 577,696 $ 318,374 $ (91,344) $ (47,048) $ 48 $ 757,726  PROPRIETORS OF THE BOSTON ATHENÆUM

Notes to Consolidated Financial Statements

Unrestricted Net Assets Unrestricted net assets include amounts originally contributed by the first Propri - etors of the Athenæum in exchange for shares issued in 1807 and again in exchange for shares issued in a recapitalization in 1835. In total, 1,049 shares were authorized and 907 are issued and outstanding. Today these shares have no open market value. A nominal value of $1,500 per share has been authorized by the Trustees in recent years and is ap - plied on occasions when the Athenæum redeems shares from Proprietors or when the

Athenæum issues previously redeemed shares to new Proprietors. During the year ended September 30, 2015, the Trustees voted to discontinue the practice of issuing or redeem -

ing shares for any nominal value. One share was repurchased during the year ended Sep -

tember 30, 2016, pursuant to an agreement made prior to the change in practice. The

Athenæum is under no obligation to repurchase or to reissue shares.

Temporarily Restricted Net Assets

Temporarily restricted net assets are available for the following purpose at September 30:

2016 2015

Appreciation on restricted book funds available for book acquisitions $ 4,844,270 $ 4,287,356

Appreciation on restricted special purpose endowment

funds available for program activities 2,128,716 1,668,240

Appreciation on general endowment funds available for appropriation 2,025,139 1,865,245 Time restriction 503,318 512,876

Program activities 200,357 198,028

Total $ 9,701,800 $ 8,531,745

Net assets were released from donor restrictions by incurring expenses satisfying the re - stricted purpose or by occurrence of other events specified by donors for the year ended September 30 as follows:

2016 2015

Expenditures for program activities $ 1,464,545 $ 1,566,420 Expenditures for book acquisitions 386,272 424,305

$ 1,850,817 $ 1,990,725

Permanently Restricted Net Assets

Permanently restricted net assets are as follows at September 30:

2016 2015

Book fund endowment $ 12,601,872 $ 12,448,789 Other special purpose endowment 14,426,106 14,386,265 General endowment 3,750,418 3,750,418

$ 30,778,396 $ 30,585,472  Fifty percent of the Board-approved spending rule from most book funds cover the costs of acquiring books and other specified materials for the collection. The remaining fifty percent associated with these funds is used to cover the costs of the cataloging, conser - vation, preservation and maintenance of its book collection.

Note 10 - Related Parties

The Athenæum from time to time enters into transactions pursuant to its existing con - flict of interest policy to ensure that such transactions are considered in the best interest of the Athenæum. The transactions are reviewed and approved by the Board of Trustees annually. These transactions were as follows: The Treasurer of the Athenæum is a prin - cipal in the investment company that is the custodian of the Athenæum’s investments. Custodian and investment management fees incurred from this company amounted to $55,578 and $60,639 in 2016 and 2015, respectively.

A member of the Board of Trustees of the Athenæum is a retired managing director in a company that is an investment consultant for the Athenæum. Investment consultant fees incurred from this company amounted to $134,724 and $134,623 in 2016 and 2015, respectively.

A member of the Board of Trustees of the Athenæum is a retired partner in one of the Athenæum’s legal firms. Legal fees incurred from this firm amounted to $0 and $2,294 in 2016 and 2015, respectively.

A member of the Board of Trustees of the Athenæum is an investment director in a part - nership in which the Athenæum owns investments with a fair value of $5,687,997 and $5,065,258 as of September 30, 2016 and 2015, respectively. Management fees incurred amounted to $34,371 and $51,366 in 2016 and 2015, respectively.

A member of the Board of Trustees of the Athenæum (who became a member during the year ended September 30, 2016) is the owner of a book store in which the Athenæum purchases books from. During the year ended September 30, 2016, the Athenæum pur - chased $42,400 of books from the store.

Note 11 - Other Assets Subsequent to September 30, 2016, the Athenæum received approximately $502,000 from the sale of real estate that was donated to the Athenæum. The Athenæum recorded a receivable for this amount at September 30, 2016 and is included in other assets in the accompanying consolidated statements of financial position. SUPPLEMENTAL SCHEDULES

 PROPRIETORS OF THE BOSTON ATHENÆUM

Consolidating Statement of Financial Positio n September 30, 2016

Proprietors of the Boston The Boston Athenæum Library Society Consolidated ASSETS

Cash and cash equivalents $ 625,965 $ 504 $ 626,469 Pledges receivable, net 1,148,522 - 1,148,522 Other assets 695,821 - 695,821 Investments 83,902,802 939,620 84,842,422 Property, plant and equipment, net 21,647,362 - 21,647,362 Beneficial interest in perpetual trust 607,172 - 607,172

Total assets $ 108,627,644 $ 940,124 $ 109,567,768

LIABILITIES AND NET ASSETS

Liabilities: Accounts payable $ 134,159 $ - $ 134,159 Accrued and other liabilities 522,869 2,057 524,926 Deferred revenue 654,355 - 654,355

Total liabilities 1,311,383 2,057 1,313,440

Net assets: Unrestricted 67,144,675 629,457 67,774,132 Temporarily restricted 9,409,190 292,610 9,701,800 Permanently restricted 30,762,396 16,000 30,778,396

Total net assets 107,316,261 938,067 108,254,328

Total liabilities and net assets $ 108,627,644 $ 940,124 $ 109,567,768

See Independent Auditors’ Report.  PROPRIETORS OF THE BOSTON ATHENÆUM

Schedule of Operating Expenses

September 30, 2016 2015

Salaries and wages $ 3,148,234 $ 3,120,743 Payroll taxes 298,839 278,949 Fringe benefits 590,168 596,158 Purchase of books, periodicals and art works 539,076 613,551 Utilities and telephone 437,095 476,120 Building repair, maintenance and supplies 378,688 337,503 Rent 217,930 207,969 Insurance 83,256 85,522 Contracted services - exhibitions 67,686 91,610 Contracted services - cataloging 80,234 89,227 Contracted services - preservation and digital services 34,404 64,690 Contracted services - lectures and concerts 34,890 71,510 Contracted services - other 229,882 207,370 Legal 23,170 8,836 Auditing 69,810 47,200 Professional fees - other 185,312 74,197 Receptions, travel and entertainment expense 163,858 312,619 Printing 107,362 113,936 Office and postage expense 195,323 240,142 Grants 17,300 13,500

Operating expenses, excluding depreciation and amortization 6,902,517 7,051,352

Depreciation and amortization 919,141 916,370

$ 7,821,658 $ 7,967,722

See Independent Auditors’ Report.  PROPRIETORS OF THE BOSTON ATHENÆUM

Book Endowment Funds September 30, 2016

Adams, Thomas H. $ 16,245 Akins, Cary W., M.D. 4,229 Aldrich, C. Duane 105,411 Aldrich, Virginia 62,061 Alexander, Jean Sears 5,872 Allen, Adele Waterman 41,514 Altschuller, Alex & Trish 3,698 Ames, Sarah Russell 359,158 Anderson, Catherine S. 17,779 Anderson, Rae & Christina 9,529 Appleton, Helen Kortright 46,395 Appleton, Samuel 134,201 Armstrong, Katharine Cortesi 8,243 Armstrong, Rodney 282,085 Atkins, Robert E. 17,225 Atkinson, Susan Ashley 13,482 Ayer, Dr. & Mrs. James Bourne 649,142 Baker, Morton H. 9,856 Banks, Gail & Edward C. Pinkus 35,199 Bardwell, T. C. 5,994 Barrett, Joan & Dorothea Bowditch Jones 9,181 Batchelder, Katharine A. 19,543 Beacon Hill Reading Group 14,024 Beck, Emily Morison 5,179 Belknap, Judith Levitt 10,223 Bemis, George F. - reading room and purchase of books 292,360 Bennett, Susan 20,653 Bentinck-Smith, William 67,396 Berman, Ann E. & Samuel S. Spektor Jr. 58,022 Beston, Henry 6,923 Biewend, Cameron 40,016 Billings, Robert Charles 21,023 Bird, Anna Child 248,399 Bird, Charles Sumner 48,556 Bishop, John, IV 7,363 Bledsoe, Robin 4,632 Bloom, Arnold 6,039 Bok, Derek & Sissela 11,057 Bok, Joan Toland 107,863 Boston Library Society book funds 91,919 Bowditch, Nathaniel Ingersoll 10,508 Bradford, Edward H. & Edith Fiske 19,441 Brandt, John H. 22,859 Bromfield, John 5,993,845 Brown, Annella 9,483

See Independent Auditors’ Report.  Brush, Ruth Seaman 58,009 Bryant, William J. 13,823 Buchanan, Helen E. 3,793 Buchanan, Paul G. 4,976 Bush, James & Reginald Taylor 4,578 Cahill, Dorothy G. 51,193 Carey, Margaret 21,335 Carlhian, Jean Paul 5,380 Cheimets, Sheila 12,637 Child, Susan Furlow 37,295 Clark, Edward 6,249 Clark, George H. 10,908 Clark, Grenville, Jr. 25,254 Cohen, Winifred 9,085 Cohn, Haskell 96,278 Collier, David & Thomas 15,752 Confederate Imprints Fund 110,882 Cooke, Pauline M. 6,081 Coolidge, Georgina L. & Lucy R. 5,159 Cortesi, Roger 19,252 Coughlin, William G. 66,932 Council of Associate Members 20,972 Cox, Archibald 28,501 Crowell, Thomas Irving 16,051 Cunningham, Henry W. 17,521 Cushing, William T. & Jean G. 22,916 Cuthrell, Hiram J., Jr. 5,284 Cutler, Anna W. 12,837 Danielson, Barbara Deering 42,289 Davis, George Bancroft 22,608 de Neufville, Richard & Virginia 5,209 Demarest, William 7,081 Dickinson, Charles C., III 42,107 Dodge, Rear Admiral F. Riley 9,136 Donaldson, Denny Emanuel 3,955 Drogue, Walter G. 51,759 Duke, Peter Beauregard 82,780 Dumbaugh, Frank Richard & Alice Josephine Cantwell 243,436 Eliot, Theresa Ann 49,830 Elliot, John Morse 44,116 Emerson, Dr. & Mrs. L. Eugene 15,267 Falco, K. Mathea 10,633 Fine, Norma & Phil 16,802 Flahive, Gertrude O. 8,370 Flood, Dorothy J. 8,867 Flower, Nicholas William 5,282 Friedman, Lee M. 194,162 Galvin, John T. & Ruth M. 70,888 Gannon, Joseph J. 18,872 Gowing, Charles D. 7,869 Gowing, Elizabeth Stuart 51,277

See Independent Auditors’ Report.  Gray, Russell 21,023 Greene, Charlotte Nichols 21,019 Greene, Stephen 56,772 Halfyard, Robert L. 289,238 Harder, Hollie Markland, Dr. 13,146 Harder, Torrence C. 18,232 Harrison, John P. 10,399 Hart, Francis B. 32,800 Hartmann, Edward G. 5,418 Healy, Henry S. 60,151 Helman, Edith F. 13,319 Hemenway, Alfred 21,023 Herrick, George Gardner 14,621 Hersey, Heloise 15,763 Higgins, Eileen 5,615 Hilton, Nancy T. 205,198 Hofer, Philip 76,252 Hollingsworth, Amor 7,992 Hornblower, Henry 139,531 Houghton, Priscilla Dewey 4,798 Huff, Ann & J. Craig 2,718 Hulse, James Henry 7,673 Hurd, Christopher W. 9,333 Hurd, Joy Dickerman 13,783 Hyland, Christopher S. 8,781 Ingalls, Jerome M. 4,980 Ingram, David B. 11,089 Jackson, Charles 115,679 Janericco, Terence 10,326 Johnson, Elsie Livingston 153,345 Johnson, Harriet 4,672 Johnson, Marrian G. 15,689 Jolliffe, Ruth Oliver 30,244 Justley, Kathryn B. 4,177 Kates, Sumner Roy 42,434 Kehoe, William F. 117,324 Kelsey, Robert Louis 96,825 King, Stanley & Margaret P. 26,671 Klinck, Mary Elizabeth deFreest 16,543 Klinck, Mason Joseph O’Neil, Sr. 20,427 Koelsch, Alvin C. & Alice B. 12,079 Kosta, Mary 5,599 Krasauskas, John 26,043 Kunian, Stephen T. 34,200 Lacy, Clive W. 30,121 Lally, Francis J. 8,337 Lamb, Rosamond 15,052 Lamont, John H., M.D. & Lorna J. 49,368 Lang, Howard W. 93,942 Larus, Joel 14,660 Laughlin, Henry A. 6,368

See Independent Auditors’ Report.  Leef, Andrew Newton 8,227 Leef, Charles N. 4,625 Lewis, Bettilu Porterfield 21,289 Life Members Book Fund 44,356 Lincoln, Robin 13,336 Logan, Sheridan Ashton 46,718 Lord, Arthur 59,265 Loring, Augustus P. 55,086 Loring, Caleb, Jr. - Confederate Imprints 166,042 Loring, Stanton D. 18,764 Lyman, Cynthia & John L. 46,085 MacFadden, Priscilla S. 89,054 Malt, Ronald A. 44,425 Maltsberger, Ruth Rogers 56,157 Manning, Hiram Peter 11,174 Marcantonio, Joseph 26,322 Marshall, Jane & Jeffrey 49,464 Matthews, Albert 28,429 Maycock, Susan E. 6,939 Mazzulli, Luigi & Mary 15,090 McElaney, Elizabeth 7,067 McGrath, Linda Byers 5,159 McKibbin, David M. K. 62,397 Members book funds 23,783 Merrill, Mary 53,239 Metcalf, Arthur G. B. 84,070 Mill, Wm. Malcolm & Mildred Foye 8,571 Milton, Constance R. 10,319 Mitchell, Jerrold I. W. 20,393 Moore, Roger Allan 8,618 Morison, Patricia G. 5,343 Morse, Samuel T. 30,130 Moulton, Arthur Wheelock 35,391 Mountz, James T. 5,000 Mullins, Corinne M. 17,519 Mulroy, Richard & Anne 6,590 Murray, Henry A. 16,873 Nathan, E. Geoffrey & Ruth Gordon 5,846 Nelson, Alan A. 2,788 Neustadt, Maurice 4,761 Newman, Oliver Adams 53,266 Nichols, Frederick 83,040 Nichols, Guy 5,755 Nichols, J. Howard 8,753 Nichols, Lyman 47,781 Nordell, Roderick 16,887 Nylander, Robert Harrington 9,858 O’Brian, Patrick 6,339 Oliver, Andrew 81,836 Oliver, Peter 39,426 O’Meara, Michael J. & Ellen Esther 40,669

See Independent Auditors’ Report.  Osborne, Marjorie B. & Gordon 41,412 Osgood, Esther E. 8,844 Osgood, Nancy & William 12,017 Paine, Susan W. 19,672 Paine, Victoria L. M. 9,314 Parkman, George F. 291,531 Parsons, Susan 21,023 Paterson, Stanley & Carl Seaburg 37,676 Pellegrino, Joseph 13,898 Perera, Guido R. 14,428 Peretz, Anne L. 14,993 Perry, Arthur & Emily 8,977 Phillips, Bradley S. 12,485 Pickman, Hester C. 7,843 Potts, Barbara B. 5,068 Pragnell, Walter L. & Ruth J. 8,848 Proprietor’s Book Fund 588,555 Prouty, Roger W. 55,078 Reinhard Family 23,481 Richmond, Carlton 15,814 Righter, James V. 15,745 Robertson, Hannah Doane Carter 479,578 Rosen, Fred S., M.D. 6,451 Roy, Adelard A. & Valeda Lee 95,071 Ruzicka, Tatiana 9,349 Sammarco, Anthony Mitchell 7,721 Sargent, Daniel 21,951 Satterthwaite, James Sheafe & Margaret Howard Speer 26,070 Sears, Evelyn G. 20,877 Segre, Emilio 5,180 Serantes, Carmen & Alfonso 11,658 Severne, Homer A. 77,519 Shapiro, Robert N. 27,372 Shawmut Bank 8,563 Shenton, Robert & Elizabeth 17,966 Sherwood, Robert S. & Arlene R. 11,093 Shibata, Masahiko 6,724 Shields, Lawrence Thornton 11,495 Shields, Robert 6,061 Shurcliff, Katherine B. 26,301 Slater, Alan 18,976 Smith, Charles E. 11,815 Smith, Stanley Webster 14,502 Snyder, Arthur F. F. 6,923 Stacey, Roger Foy 28,998 Stearn, Samuel, Mildred & Marvin 11,655 Stephenson, Robert B. 7,433 Stewart, Reba 8,771 Stone, Mary Lovell 23,413 Sullivan, Thomas Russell 5,252 Swan, Marshall W. S. 8,586

See Independent Auditors’ Report.  Taft, Edward A. 43,301 Taylor, Thomas Heyward 17,268 Terry, George F. 5,252 Thayer, Ethel Randolph 29,331 Thoma, Henry F. 120,503 Thompson, Zane Albion 89,794 Thomson, William Orville 10,068 Trubek, Elizabeth Throckmorton 10,993 Trumbull, Frank S. 5,731 Tucker, Norman 6,194 Tucker, Ruth 73,571 Vaillant, Marion W. 24,084 Vershbow, Arthur & Charlotte 242,362 Vickery, Robert G. 28,123 Vogel, Stanley M. 20,895 Wakefield, Mary May Binney 127,241 Ward, Thomas Wren 21,023 Webber, Vila B. 12,081 Wellington, Martha Underwood 125,049 Wentworth, Michael Justin 17,446 Whitehill, Walter Muir 27,956 Wick, Kathleen L. & Peter A. 21,199 Wiggin, John H. 9,496 Wiggin, Kathleen I. 9,301 Williams, Alexander 414,880 Windsor, Elizabeth Foster 51,942 Winslow, Ola Elizabeth 21,055 Wirth, Jacob & Dorothy 35,055 Woolsey, John M. 20,926 Wootton, Major John Graham 18,091 Wootton, Mary Louisetta B. 14,307 Yntema, Douwe B. 254,425 Young Presidents Organization 11,034

Total book endowment funds $ 18,544,462

Funds classified as follows: Permanently restricted $ 12,601,872 Temporarily restricted 4,913,789 Unrestricted - Board-designated 1,028,801

Total book endowment funds $ 18,544,462

See Independent Auditors’ Report.  PROPRIETORS OF THE BOSTON ATHENÆUM Special Endowment Funds September 30, 2016

Adams, Mitchell & Kevin Smith Art acquisitions Bicentennial Fund $ 10,656 Anonymous Chief Conservator 1,623,528 Anonymous Children’s Librarian 972,763 Anonymous Materials related to Canada 361,070 Anonymous Programs & events 54,889 Bain, Caroline D. Archivist 615,233 Baylor, Ruth M. Events 28,974 Beck, Emily Conservation Funds 8,531 Berman, Ann E. & Samuel S. Spektor Jr. Conservation Funds 30,943 Berry, Joseph Breed Minor amenities 5,252 Billings, Robert Charles Printing of books 32,525 Bromer, Anne C. & David J. Curator of rare books & manuscripts 698,681 Cabot Family Chartiable Trust Director’s position 277,545 Calderwood, Norma Jean Exhibition Gallery 616,708 Calderwood, Stanford Director’s position 2,751,603 Chamberlain, Elsie Building 801,717 Choate, Elizabeth C. Print acquisitions 10,822 Cummings, Charles A. Books & photographs on architecture & allied arts 44,607 Dana, Charles S. Flowers for Athenæum desks & staff salaries 138,881 Daye, Stephen Purchase & binding of early newspapers 167,318 Donaldson, Oliver S. & Jennie R. Conservation & binding of books 80,922 Dumbaugh, Karin Materials on Boston Common, Public Garden & Commonwealth Ave. 25,417 Eaton, John Hubbard Sturgis Lectures 184,747 Emmet, Alan Book conservation 46,974 Galvin, Ruth Publications 69,467 Gardiner, Tudor Book conservation 26,145 Good Samaritan Internships 232,191 Gray, Russell Pension 23,013 Hale, Martin & Deborah Conservation 108,090 Halfyard, Robert Lecture 77,509 Hall, Ariel W. Concerts 94,113 Harder, Torrence C. Lectures & events 104,271 Harris, Henry Use of Fine Arts Committee 169,346 Hayes, Bartlett Jr. Poster acquisitions 20,250 Henry, Bayard Art conservation 8,619 Henry, Bayard Performing arts 155,389 Hilles, Susan Morse Art acquisitions 122,060 Hilles, Susan Morse Curator of paintings & sculpture 1,096,892 Hilles, Susan Morse Fine arts acquisitions 790,349 Hilles, Susan Morse Lectures & events 43,992 Howe, Frances Hovey Print acquisitions 380,097 Hunnewell, James Conservation 68,161

See Independent Auditors’ Report.  Hunt, William Morris, II Photography acquisitions 69,243 Jewell, Harvey Staff pension 860,965 Kelley, Donald C. Exhibition & events 78,138 Kimball Staff Fund Assistance to Athenæum employees 9,922 Klinck, Mary Elizabeth Knickerbocker deFreest Lectures 40,620 Klinck, Mason J. O., Sr. Conservation lectures 40,620 Lacy, Clive Q. Conservation 61,593 Lamb, Rosamond, established in memory of Horatio A. Lamb Conservation 199,479 Lane, Arthur Materials related to maritime history 140,545 Loring, Caleb Fellowships 46,195 Loring, Caleb Internships 26,971 Lothrop, Eleanor & Francis B. Book conservation 13,134 Lovelace, Richard S. Conservation 10,205 Mason, Charles E., Jr. Operation of Print Room, including purchases 106,129 Mead, Agneta Conservation 13,723 Mooney, Mary C. E. Fellowships 82,366 Morse, Elizabeth Paper conservation 7,053 Mudge, Mr. & Mrs. L. Taylor Fellowships 104,373 National Endowment for the Humanities Head of technical services & automation 1,792,950 Newman, Robert B. Conservation 9,001 Nielsen, Gertrude B. Art conservation 8,587 Nordell, Joan Education & community affairs 60,033 Oliver, Andrew Events 132,101 Others Art acquisitions 44,289 Others Art conservation 3,807 Others Art gallery 85,976 Others At the discretion of the director 56,979 Others Book conservation - 21 C 21,272 Others Children’s Library outreach 10,528 Others Conservation 69,254 Others Fellowships 20,318 Others Lectures & events 94,696 Others Print room 21 C 1,378 Others Publications 44,179 Others Staff pension 289,757 Peterson, Marilyn L. R. Conservation 12,788 Sammarco, Anthony M. Print acquisitions 9,070 Sears, Dr. Bernard R. & Edna M. Book conservation 26,024 Severy, Alexander K. Book conservation 3,960 Severy, Robert P. Art conservation 6,954 Starr, Donald C. Internships 107,900 State Street Bank Print acquisitions 11,823 Steiner, W. H. C. Print acquisitions 34,366 Strong Family Cataloging & conservation 27,360 Thomson, William Orville Lectures 53,028 Wallace, Linda Clark At the discretion of the director 5,240

See Independent Auditors’ Report.  Washington Library George Washington Library collection 277,300 Weems, Katherine Lane Print acquisitions 277,027 West, Emily Art conservation 14,245 Wick, Kathleen Conservation 112,088 Wiles, Eleanor Conservation 45,524 Wyman, Ellen Mann Print acquisitions 7,961 Pledges 1,077,227

Total special endowment funds $ 19,946,524

Funds classified as follows: Permanently restricted $ 14,485,867 Temporarily restricted 2,202,786 Unrestricted - Board-designated 3,257,871

Total special endowment funds $ 19,946,524

See Independent Auditors’ Report. 

PROPRIETORS OF THE BOSTON ATHENÆUM General Endowment Funds September 30, 2016

Atkins, Robert E. $ 170,426 Baldwin, George W. 3,571 Bell, Helen Choate 3,571 Boston Library Society Funds 846,148 Broderick, Dr. and Mrs. Francis P. 131,412 Bullard, M. R. 380,723 Burdon-Muller, Roland 2,845 Cabot, George 80,601 Channing, Katherine M. 3,571 Cruft, Francis Cordis 15,815 Curtiss, Frederic 15,815 Dustin, Florence 333,918 Emmons, Elizabeth 3,571 Everett, Edward Memorial 2,552 Fanning, Marshall 10,198 Friedman, Lee M. 73,712 Gannet, William W. 19,119 General endowment 1,955,536 Gibbs, Jeannette P. 163,431 Greer, Ina May 202,756 Hacker, Barbara Lang & Howard W. Lang 2,278,004 Hilles, Susan Morse 1,596,046 Howes, William Burley 260,556 Jewell, Harvey Centennial Fund 1,139,319 Lincoln, George 240,269 Loring, Caleb 501,964 Loring, Stanton 92,692 McIntyre, Helen Horner 1,006,245 Mead, Charles 161,941 Metcalf, Elinor Gregory 74,170 Mooney, Mary C. E. 189,604 Paine, Richard C. 223,553 Peterson, Marilyn R. 586,233 Sargent, Daniel 80,601 Sibley, Henry Clark 32,598 Smith, Eleanor Frothingham 44,394 Sullivan, Thomas Russell 3,555 Thacher, Josephine 125,720 Thomas, Augusta 607,172 Twenty-First Century Club 2,057,810 Washington Paintings Fund 6,709,547 Weems, Katharine Lane 406,474

See Independent Auditors’ Report.  Other Board-designated endowment funds 24,585,969

$ 47,423,727 Funds classified as follows: Permanently restricted $ 3,750,417 Temporarily restricted 2,129,242 Unrestricted - Board-designated 41,544,068 Total general endowment funds $ 47,423,727

Annual Report on the Operational Plan, -

N JULY  , the Board of Trustees approved a three-year op - Ierational plan, developed over the preceding six months through a broadly consultative process involving members, share - holders, employees, regional peers, and prospective members. The plan set goals across a range of areas, designed not only to position the Athenæum for near-term success but also to lay the groundwork for the next strategic plan. In the months that fol - lowed, area managers have overseen the timely sequence of ac - tions required to accomplish each goal. To date, every milestone has been met on or ahead of schedule. In the text that follows, passages in italics are taken directly from the operational plan. The full text of the operational plan and a preliminary report on the planning process are available on the Athenæum’s website, where this, and subsequent annual progress reports, will also appear.

A. MEMBER, READER, AND PUBLIC SERVICES

I. Technology From October  to January  , the Athenæum will under - take a comprehensive technology audit, to include a peer review process and to culminate with a technology plan for review by the board. Immediate: • Prepare a comprehensive technology self-assessment, providing detailed documentation of correct policies, procedures, equipment, staffing, and services, and including the results of a future-needs survey (completed in winter - )

Within one year: • Present self-assessment to external visiting committee (completed in spring  ) • Conduct peer-review site visit (accomplished in spring  )

  Boston Athenæum • Review external report outlining opportunities for near- term efficiencies and long-range opportunities for excel - lence (completed in summer  ) • Develop, for board review, a five-year prioritized plan for enacting the report’s goals (completed in summer  ) • Launch an automated notification system for event cancel - lations, etc. (accomplished) • Review hardware inventory (accomplished)

Within two years: • Introduce federated searching across the various electronic catalogs for books, art, and digitized materials (under re - search) • Implement a new phone system (in progress) • Attain cyber security certification (in progress) • Review digital preservation platforms and methodologies (in progress) • Review financial management software (forthcoming) • Review membership management software (forthcoming)

Within three years: • Review collections management software (forthcoming)

Four-five years: • Undertake systems migrations to software as selected above (forthcoming)

II. Educational Programs

In April  , the Athenæum established a department of edu - cation, charged with developing, overseeing, and assessing programs linked meaningfully to the Athenæum’s collections and related re - search; working with the volunteer docents; and cultivating relation - ships with peer institutions. Annual Report on the Operational Plan, -  Immediate: • Establish an education department charged with linking the mission of the organization to the needs of members voiced during the planning process (completed in spring  , with seed funding from a group of Trustees) • Ensure the development of member and public programs linked meaningfully to the Athenæum’s collections and re - lated research (ongoing) • Organize, train, deploy more broadly, and increase the corps of volunteer docents (launched in fall  with an expanded docent training program; the expansion of docent-led pub - lic building tours and introduction of foreign language tours; and the introduction of docent-led exhibition tours; ongoing) • Help to shape and coordinate the Athenæum’s educational communications (ongoing) • Cultivate strategic partnerships with regional cultural insti - tutions (launched in summer  and actively ongoing)

Within one year: • Develop and implement ongoing methods of assessment of the Athenæum’s educational activities (in progress) • Craft an overarching educational program for the Athe - næum’s college interns (in progress)

III. Communications

From April  to June  , the Athenæum’s incoming director of communications will lead a concerted effort to heighten institu - tional visibility and bring ever greater consistency and clarity to the Athenæum’s public communications. Immediate: • Undertake external audit of all published communications (completed in spring  )  Boston Athenæum • Identify opportunities to consolidate, clarify, and centralize the form and style of those communications (completed in summer  ) • Develop templates for standard print and online materials (begun in summer  and ongoing) • Refine internal procedures and editorial guidelines for pub - lished texts (begun in spring  and ongoing) • Hire full-time director of communications charged with preparing and coordinating, centrally, all Athenæum public communications, in print and online (accomplished in sum - mer  ) • Create a single newsletter, consistent in print and electronic form, providing information about events, library news, and member activities (launched in fall  )

Within one year: • Use website, social media (Facebook, Instagram, Twitter, Goodreads) to improve communication to/among members (ongoing)

IV. Members’ Experience

Beginning in September  , the Athenæum will embark on a major initiative to deepen members’ engagement. This work will in - clude devising a membership pledge articulating core values; strengthening the new member orientation programs; expanding services; improving cross-catalog discovery tools; addressing the shortcomings of our lecture space; attending to readers’ needs; and strengthening the sense of community among Proprietors. Immediate: • Ensure that trained library employees are available to meet readers’ needs whenever the Athenæum is open (ongoing, added additional reference librarian position in fall  ) • Provide members’ computers in more locations (launched in spring  ) Annual Report on the Operational Plan, -  • Promote free scanning as alternative to pay-as-you-go print - ing (accomplished in spring  ) • Publish the catalog of paintings and sculpture online (ac - complished in winter  ) • Increase promotion of reader services, including by provid - ing more information at new member orientation programs (ongoing) • Broaden opportunities for Proprietors’ engagement beyond the annual meeting by introducing brief, substantive pre - sentations at receptions held at other times of year (ongoing) • Support members’ use of electronic communications to strengthen sense of community (ongoing, including launch of Goodreads initiative in summer  ) • Regularize the annual open house (accomplished) • Improve the experience of visitors to attract new members (in progress)

Within two years: • Increase wayfinding, book-locating, and art-identifying sig - nage (in progress) • Improve the comfort of lecture seating (new chairs ordered in fall  ) • Improve lecture acoustics (implemented use of presenter- worn headset microphones in fall  ) • Explore expansion of membership payment and donation options (ongoing, introduced “text give” in fall  ) • Enhance/increase reader seating (in progress) • Test alternative discussion group meeting spaces with better acoustics, more seating, optional catering (Union Club pilot project launched in fall  )

Alteration: Upon further consideration, the staff decided not to pursue the development of a membership pledge, but to use other means to strengthen members’ commitment to the Athenæum.  Boston Athenæum V. Collections

Between August  and March  , the Athenæum will for - malize its special collections plan, review circulating collections prac - tices, craft a collections digitization policy, and develop a conservation plan. Immediate: • Embark on comprehensive staff reviews of the Athenæum’s holdings, and of the policies and plans governing the devel - opment of the special collections (archives, decorative arts, drawings, paintings, photographs, prints, manuscripts, maps, rare books, and sculpture) and the circulating and reference collection (completed in  )

Within two years: • Review the collection development policy for the circulating and reference collection (in progress) • Develop strategy for born-digital materials (in progress) • Assess near and long-term storage needs (completed in summer  ) • Review policies for the development and stewardship of the special collections (completed in fall  ) • Assess strategic priorities for special collections growth (in progress) • Identify, attract target users of the special collections (in progress) • Define exhibition strategy (in progress) • Review off-site storage policy (completed in fall  ) • Develop a digitization policy articulating program goals, criteria for digitization, prioritized areas for digitization, preservation standards, and optimal workflows (in progress) • Develop a conservation plan outlining policies and prac - tices, and articulating rubrics for assessing treatment proj - ects (in progress) Annual Report on the Operational Plan, - 

B. ADMINISTRATION, FACILITY, AND FINANCE

I. Security

Between April  and July  , the Athenæum will be un - dertaking an external review and assessment of its security program. Immediate: • Assemble security training policies and procedures for re - view (completed in fall-winter - ) • Schedule external security review (completed in spring  )

Within one year: • Undertake a comprehensive external security audit (com - pleted in summer  )

Within two years: • Implement the security audit recommendations: separate entrance from egress points (forthcoming) • Distinguish security functions from patron services activi - ties (forthcoming) • Tighten access control (in progress) • Tighten parcel control (in progress) • Strengthen security training (in progress) • Ensure full security staffing (ongoing)

II. Facility

From July  to September  , the Athenæum will pursue its current facilities projects, update the  building audit, and de - velop a plan for exterior improvements and repairs. From July  to September  , the Athenæum will develop a conceptual plan for future facility needs.  Boston Athenæum Immediate: • Install lockers in vestibule (completed in winter  ) • Refresh interior paint (ongoing) • Introduce gallery-level reader seating (installed in fall  ) • Increase designated spaces for cell phone use (installed in fall  )

Within one year: • Assess and improve configuration of circulation and secu - rity desks (ongoing) • Update  building audit with - year projection of main - tenance, repair, and replacement projects and related costs (completed in summer  , reviewed by board in fall  , funded through establishment of board-designated fund in winter  ) • Engage consultants to define the Athenæum’s current and projected space program—i.e., the types, characteristics, and amounts of space used and needed to provide various serv - ices (completed in fall  )

Within two years: • Embark on exterior projects, including repointing of stone and brickwork (under review) • Repair of copper gutters (under review) • Restoration of cast iron sand-coated balustrade (forthcom - ing) • Complete ongoing grant-funded assessment of climate con - trol systems (scheduled to conclude in summer  ) and develop plans to address results (forthcoming) • Explore potential improvements to the current space plan— i.e., opportunities to address crowded reading spaces, insuf - ficient meeting areas, and ongoing collection storage challenges through adjustments to the location of certain offices and functions (in progress) Annual Report on the Operational Plan, -  Within three years: • Explore exterior improvements, including: • Handicap-accessible automatic door opening system (in progress) • Refining the façade lighting (ongoing) • Improving exterior signage (forthcoming) • Beautifying the terraces and piazza (in progress) • Develop actionable plans to expand reader seating and im - prove meeting and activity spaces, and address ongoing col - lections access and storage needs (forthcoming)

III. Staffing

From May  to June  , the Athenæum will prepare a staffing plan, address personnel policies, and attend to succession planning. Immediate: • Undertake a comprehensive external assessment of com - pensation and benefits, and make appropriate adjustments if/as needed (completed in spring  ) • Review and update the employee handbook (revised in fall  ) • Expand staff development training (ongoing) • Assess the performance review program (revised in summer  )

Within two years: • Develop a succession plan (in progress)

IV. Revenue

From September  to September  , the Athenæum will review membership, event and rental pricing.  Boston Athenæum Immediate: • Communicate financial position more clearly to members (ongoing) • Develop a long-range aspirational budget (developed in spring  )

Within one year: • Identify, test opportunities to diversify and increase sources of revenue (eight initiatives launched in fiscal year - )

Within three years: • Explore opportunities to implement a fundraising campaign to support a new strategic plan (forthcoming) 1,511 reference inquiries 160 66 video event recordings story 47 audio event recordings times 2,456 3 exhibitions books acquired

12 research 1,715 fellowships rare materials consulted awarded 21 discussion groups

23 docents 724 new memberships  Boston Athenæum