House Of Seven Gables Settlement Association, operating under the name The House Of The Seven Gables, is located in Salem, MA. The organization was established in 1927. 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 12/2023, House Of The Seven Gables employed 87 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. House Of The Seven Gables 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 12/2023, House Of The Seven Gables generated $3.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $2.9m during the year ending 12/2023. While expenses have increased by 4.8% per year over the past 9 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
MISSION: TO BE A WELCOMING, THRIVING, HISTORIC SITE AND COMMUNITY RESOURCE THAT ENGAGES PEOPLE OF ALL BACKGROUNDS IN OUR INCLUSIVE AMERICAN STORY.
Describe the Organization's Program Activity:
THE HOUSE OF THE SEVEN GABLES HISTORIC SITE: THE GABLES WAS FOUNDED IN 1910 AS A HISTORIC SITE AND MUSEUM WITH A TWO-PART PURPOSE. OUR FOUNDER, CAROLINE EMMERTON, PURCHASED THE GABLES TO PRESERVE SOME OF SALEM'S MOST HISTORIC BUILDINGS AND THE LITERARY LEGACY OF AUTHOR NATHANIEL HAWTHORNE. REVENUES FROM THE MUSEUM FUNDED SETTLEMENT HOUSE WORK WITH LOCAL IMMIGRANT COMMUNITIES. TODAY, THE HOUSE OF THE SEVEN GABLES' CAMPUS CONSTITUTES ITS OWN NATIONAL HISTORIC DISTRICT ON THE NATIONAL REGISTER OF HISTORIC PLACES AND WAS DESIGNATED A NATIONAL HISTORIC LANDMARK IN 2007. NEARLY 100,000 VISITORS FROM ALL OVER THE GLOBE VISIT AND TOUR THE HISTORIC SITE ANNUALLY. VISITORS ARE ESCORTED ON GUIDED TOURS THROUGH THE HOUSE OF THE SEVEN GABLES (TURNER-INGERSOLL MANSION, C. 1668) AND NATHANIEL HAWTHORNE'S BIRTHPLACE, C. 1750. THESE HISTORIC HOUSES SERVE AS THE BACKDROP FOR STORIES ABOUT SALEM'S MARITIME HISTORY, THE LIFE AND WORK OF NATHANIEL HAWTHORNE, AND THE AMERICAN SETTLEMENT HOUSE MOVEMENT. OTHER MAJOR THEMES INCLUDE EARLY AMERICAN ARCHITECTURE, THE COLONIAL REVIVAL PERIOD (WHEN THE GABLES WAS RESTORED), AND MATERIAL CULTURE OVER A THREE-HUNDRED YEAR PERIOD. LOCATED ON THE WATERFRONT, THE HISTORIC SITE FEATURES COLONIAL REVIVAL GARDENS AND VIEWS OF SALEM HARBOR THAT PLACE THE MANSION IN ITS HISTORIC CONTEXT. OVER 98,000 PEOPLE VISITED THE GABLES IN 2023, AN INCREASE OF 11,000 VISITORS FROM 2022.
THE GABLES IS COMMITTED TO CAREFULLY STEWARDING THE COLLECTIONS, HISTORIC HOUSES AND GARDENS LOCATED ON THE HISTORIC SITE/MUSEUM. THESE COMPONENTS ARE ESSENTIAL TO OUR MISSION AND ARE WHAT MAKE THE GABLES A NATIONALLY AND INTERNATIONALLY VISITED HISTORIC LANDMARK SITE.
THE SETTLEMENT HOUSE PROGRAM: IN 1910, THE HOUSE OF THE SEVEN GABLES' SETTLEMENT ASSOCIATION OFFERED PROGRAMS TO PROVIDE EDUCATION AND SOCIAL SERVICES FOR SALEM'S NEWLY ARRIVED IMMIGRANTS. THE GABLES AND ITS TRUSTEES REMAIN COMMITTED TO MAINTAINING CAROLINE EMMERTON'S VISIONARY SETTLEMENT MODEL, WHILE REFLECTING THE NEEDS OF IMMIGRANT COMMUNITIES IN 21ST CENTURY SALEM. THE GABLES WORKS WITH A COMMUNITY ENGAGEMENT COMMITTEE TO IDENTIFY UNMET COMMUNITY NEEDS AND ADVISE ON HOW THE GABLES CAN BEST HELP MEET THOSE NEEDS. IN 2023, THE GABLES PROVIDED ENGLISH AS A SECOND LANGUAGE COURSES AND CITIZENSHIP PREPARATION CLASSES TO NORTH SHORE RESIDENTS-INCLUDING RESIDENTS OF A TEMPORARY EMERGENCY SHELTER FOR MIGRANTS- FREE OF CHARGE. THE GABLES ALSO ORGANIZED AND HOSTED SEVERAL FREE PUBLIC PROGRAMS HIGHLIGHTING IMMIGRANT CAUSES AND THE DIVERSITY OF SALEM, INCLUDING THE NEW FUSION FEST EVENT IN AUGUST 2023.
MUSEUM EDUCATION: THE GABLES VALUES EDUCATION AS A CENTRAL TENET OF OUR PROGRAMMING. THE GABLES OFFERS STRUCTURED EDUCATIONAL PROGRAMS TO STUDENTS RANGING FROM GRADES K-8. THESE PROGRAMS PROVIDE STUDENTS WITH ENGAGING ACTIVITIES THAT FOCUS ON EARLY MARITIME TRADE, NEW ENGLAND HISTORY, AND DAILY LIFE IN THE PAST. THESE PROGRAMS MEET MASSACHUSETTS HISTORY AND SOCIAL STUDIES STANDARDS AND COMMON CORE STANDARDS FOR ENGLISH LANGUAGE ARTS AND LITERACY IN HISTORY AND SOCIAL STUDIES. WE ALSO OFFER OTHER PUBLIC PROGRAMMING DESIGNED TO ENGAGE DIVERSE AUDIENCES WITH OUR NATIONAL HISTORIC LANDMARK DISTRICT IN UNIQUE WAYS. EDUCATIONAL EVENTS INCLUDE LECTURES, SPECIAL EXHIBITS, THEATRICAL PERFORMANCES, COMMUNITY DAYS, HANDS-ON HISTORY FAMILY PROGRAMS, SPECIALTY TOURS AND PARTNERSHIPS WITH ARTS AND CULTURAL ORGANIZATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Elizabeth Mckeigue Trustee, Pre | OfficerTrustee | 6 | $0 |
Stephen Immerman Trustee, Vic | OfficerTrustee | 6 | $0 |
Christopher Hale Trustee, Tre | OfficerTrustee | 6 | $0 |
Irene V Axelrod Trustee, Sec | OfficerTrustee | 6 | $0 |
Nina S Anderson Trustee | Trustee | 3 | $0 |
Madden Brown Student Trus | Trustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $51,173 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $546,227 |
Noncash contributions included in lines 1a–1f | $9,825 |
Total Revenue from Contributions, Gifts, Grants & Similar | $597,400 |
Total Program Service Revenue | $1,852,844 |
Investment income | $57,390 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $119,375 |
Net Gain/Loss on Asset Sales | $97,481 |
Net Income from Fundraising Events | $37,385 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $428,420 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,197,043 |
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. | $105,368 |
Compensation of current officers, directors, key employees. | $26,342 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,313,153 |
Pension plan accruals and contributions | $27,896 |
Other employee benefits | $88,089 |
Payroll taxes | $129,037 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $23,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $115,139 |
Advertising and promotion | $75,715 |
Office expenses | $41,885 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $591,156 |
Travel | $6,162 |
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 | $108,487 |
Insurance | $48,316 |
All other expenses | $49,010 |
Total functional expenses | $2,873,488 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,024 |
Savings and temporary cash investments | $981,365 |
Pledges and grants receivable | $58,270 |
Accounts receivable, net | $366 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $88,390 |
Prepaid expenses and deferred charges | $29,842 |
Net Land, buildings, and equipment | $937,233 |
Investments—publicly traded securities | $2,471,268 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $131,728 |
Total assets | $4,701,486 |
Accounts payable and accrued expenses | $147,650 |
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 | $126,000 |
Total liabilities | $273,650 |
Net assets without donor restrictions | $3,367,703 |
Net assets with donor restrictions | $1,060,133 |
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 | $4,701,486 |