Massachusetts Society Of Mayflower Descendants
- Assets
- $3.8m
- Revenue
- $489.3k
- Investments
- $3.3m
- Employees
- 0
- Location
- Hingham, MA
- Founding
- 10/1942
- Data as of
- 12/2020
- EIN
- 04-2104712
Organization Overview
Massachusetts Society Of Mayflower Descendants is located in Hingham, MA. The organization was established in 1942. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Massachusetts Society Of Mayflower Descendants 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 12/2020, Massachusetts Society Of Mayflower Descendants generated $489.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $324.1k during the year ending 12/2020. While expenses have increased by 5.6% per year over the past 6 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLICATIONS REGARDING MAYFLOWER HERITAGE AND GENEOLOGY ARE PUBLISHED AND SOLD TO SCHOOLS, LIBRARIES, AND INTERESTED INDIVIDUALS.
FINANCIAL ASSISTANCE PROVIDED TO THE GENERAL SOCIETY OF MAYFLOWER DESCENDANTS, A 501(C)(3) ORGANIZATION.
SCHOLARSHIP FUND WAS ESTABLISHED TO PROVIDE EDUCATIONAL OPPORTUNITIES TO NEEDY DESCENDANTS OF WAMPANOAG NATIVE AMERICANS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Coulsey Secretary | 0 | $0 | |
Barbara Lee Kelly Co Msmd Governor | 0 | $0 | |
Edith Bridges Treasurer | 0 | $0 | |
Deborah Brownell Co Msmd Historian | 24 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $247,287 |
| Interest on Savings | $0 |
| Dividends & Interest | $68,435 |
| Net Rental Income | $6,500 |
| Net Gain on Sale of Assets | $151,252 |
| Capital Gain Net Income | $151,252 |
| Net ST Capital Gain | $168 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $15,801 |
| Total Revenue | $489,275 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $131,726 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $17,855 |
| Depreciation | $7,925 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $12,561 |
| Other expenses | $121,014 |
| Total operating and administrative expenses | $321,079 |
| Contributions, gifts, grants paid | $3,000 |
| Total expenses and disbursements | $324,079 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $260,329 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $820 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,102,923 |
| Net Land, buildings, and equipment | $250,681 |
| Other assets | $10,675 |
| Total assets | $3,804,016 |
| Accounts payable and accrued expenses | $13,586 |
| Grants payable | $0 |
| Deferred revenue | $93,420 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $526 |
| Total liabilities | $107,532 |
Grants Awarded
Over the last fiscal year, Massachusetts Society Of Mayflower Descendants has awarded $3,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
STUDENT OF THE WAMPANOAG TRIBE PURPOSE: SCHOLARSHIP FOR COLLEGE | $1,500 |
STUDENT OF THE WAMPANOAG TRIBE PURPOSE: SCHOLARSHIP FOR COLLEGE | $1,500 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Massachusetts Society Of Mayflower Descendants has recieved totaling $4,300.
| Awarding Organization | Amount |
|---|---|
Jane E Fisher Charitable Tr - Foundation Allentown, PA PURPOSE: SCHOLARSHIP FUND FOR RELATIVES OF MEMBERS OF MSMD | $4,000 |
James & Virginia Welch Foundation Parsippany, NJ PURPOSE: UNRESTRICTED | $300 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hamilton-Madison House Inc New York, NY | $11,830,050 | $17,173,913 |
Buffalo Olmsted Parks Conservancy Inc Buffalo, NY | $5,280,478 | $5,712,316 |
New York Landmarks Conservancy Inc New York, NY | $20,181,669 | $5,556,998 |
Marthas Vineyard Museum Inc Vineyard Haven, MA | $28,426,122 | $2,586,449 |
Florence Griswold Museum Inc Old Lyme, CT | $32,307,778 | $2,875,061 |
Friends Of Hildene Inc Manchester, VT | $15,529,063 | $5,299,027 |
Sakonnet Preservation Assoc Inc Little Compton, RI | $7,767,895 | $3,666,448 |
Mattatuck Historical Society Waterbury, CT | $30,372,011 | $3,496,557 |
Edith Wharton Restoration Inc Lenox, MA | $18,245,381 | $3,306,294 |
Rhode Island Historical Society Providence, RI | $30,696,643 | $3,629,513 |
Galvan Initiatives Foundation New York, NY | $45,061,487 | $6,375,160 |
Concord Antiquarian Society Concord, MA | $23,141,155 | $2,972,281 |