Bostonian Society Inc
- Assets
- $7.5m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 89
- Location
- Boston, MA
- Founding
- 06/1942
- Data as of
- 12/2019
- EIN
- 04-2103906
Organization Overview
Bostonian Society Inc is located in Boston, MA. The organization was established in 1942. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2019, Bostonian Society Inc employed 89 individuals. Bostonian Society Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2019, Bostonian Society Inc generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $3.3m during the year ending 12/2019. While expenses have increased by 13.2% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III QUESTION 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESERVATION AND RENOVATION OF THE OLD STATE HOUSE, AN HISTORIC LANDMARK OF COLONIAL-ERA BOSTON; AND OPERATION OF THE OLD STATE HOUSE MUSEUM, TO PROMOTE BETTER PUBLIC UNDERSTANDING OF THE PERIOD AND INTELLECTUAL CLIMATE THAT GAVE BIRTH TO THE AMERICAN REVOLUTION.
GENERAL PROGRAMMING ACTIVITIES INCLUDE CONSERVATION OF THE SOCIETY'S COLLECTION AND ARCHIVES AS A RESOURCE FOR BOTH RESEARCHERS AND THE GENERAL PUBLIC, AND INTERPRETING THE OLD STATE HOUSE AND ITS HISTORY THROUGH EXHIBITIONS AND PROGRAMMING TARGETED TO MUSEUM VISITORS, SCHOOL GROUPS AND MEMBERS OF THE COMMUNITY. PROGRAMS INCLUDE: GALLERY PROGRAMS AND SUBJECT-BASED MUSEUM TOURS, COSTUMED HISTORIANS PROVIDING FIRST-PERSON INTERPRETATION, LARGE-SCALE HISTORICAL RE-ENACTMENTS, AND SITE-SPECIFIC HISTORY THEATRE PRODUCTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nathaniel Sheidley Executive Director | 40 | $153,606 | |
Chuck Gordon Director Of Commercial Ops | Officer | 40 | $125,794 |
Anne Freeh Engel Chief Innovation Officer | Officer | 40 | $115,000 |
Lisa Goldstein Director Of Finance And Admin | Officer | 40 | $98,627 |
Martha Mcnamara Chair | OfficerTrustee | 1 | $0 |
Alastair Adam Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $463,742 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $463,742 |
| Total Program Service Revenue | $681,080 |
| Investment income | $46,492 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,370 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,577,144 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,774,828 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $109,518 |
| Compensation of current officers, directors, key employees. | $109,518 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,707,614 |
| Pension plan accruals and contributions | $27,756 |
| Other employee benefits | $54,460 |
| Payroll taxes | $133,983 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,106 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $17,769 |
| Fees for services: Other | $20,513 |
| Advertising and promotion | $5,349 |
| Office expenses | $165,408 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $10,060 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $94,736 |
| Insurance | $67,030 |
| All other expenses | $126,174 |
| Total functional expenses | $3,294,952 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,335,278 |
| Savings and temporary cash investments | $932,613 |
| Pledges and grants receivable | $288,320 |
| Accounts receivable, net | $1,966,224 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $218,258 |
| Prepaid expenses and deferred charges | $26,040 |
| Net Land, buildings, and equipment | $736,765 |
| Investments—publicly traded securities | $2,000,888 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,504,386 |
| Accounts payable and accrued expenses | $260,301 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $260,301 |
| Net assets without donor restrictions | $3,288,095 |
| Net assets with donor restrictions | $3,955,990 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,504,386 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bostonian Society Inc has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Endowment Analysis
| Beg. Balance | $261,731 |
| Earnings | $22,936 |
| Ending Balance | $284,667 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Preservation Society Of Newport County Newport, RI | $83,597,126 | $27,874,827 |
Friends Of The High Line Inc New York, NY | $106,621,000 | $20,114,000 |
World Monuments Fund Inc New York, NY | $56,711,356 | $20,259,179 |
Historic Hudson Valley Pocantico Hills, NY | $88,361,473 | $19,006,453 |
New England Historic Genealogical Society Inc Boston, MA | $58,526,477 | $13,569,592 |
Connecticut Trust For Historic Preservation Hamden, CT | $2,880,357 | $12,511,714 |
The Fort Ticonderoga Association Inc Ticonderoga, NY | $22,583,346 | $10,084,437 |
The Josef And Anni Albers Foundation Inc Bethany, CT | $32,115,057 | $7,525,828 |
Massachusetts Historical Society Boston, MA | $153,195,244 | $13,508,822 |
Statue Of Liberty Ellis Island Foundation Inc New York, NY | $69,211,443 | $8,809,212 |
Edward M Kennedy Institute For The United States Senate Inc Boston, MA | $123,530,650 | $3,733,081 |
Nantucket Historical Association Nantucket, MA | $54,222,410 | $8,695,480 |