Old Sturbridge Inc
- Assets
- $21.6m
- Revenue
- $13.1m
- Investments
- $0.0
- Employees
- 258
- Location
- Sturbridge, MA
- Founding
- 10/1992
- Data as of
- 01/2021
- EIN
- 04-2104809
Organization Overview
Old Sturbridge Inc, operating under the name Old Sturbridge Village, is located in Sturbridge, MA. The organization was established in 1992. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 01/2022, Old Sturbridge Village employed 258 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Old Sturbridge Village 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 01/2021, Old Sturbridge Village generated $13.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $10.3m during the year ending 01/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
OLD STURBRIDGE VILLAGE, A MUSEUM AND LEARNING RESOURCE OF NEW ENGLAND LIFE, INVITES EACH VISITOR TO FIND MEANING, PLEASURE, RELEVANCE AND INSPIRATION THROUGH THE EXPLORATION OF HISTORY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION & PUBLIC PROGRAMMING: PROVIDED PROGRAMS AND ACTIVITIES FOR LEARNING ABOUT AMERICA'S HISTORY WITH A FOCUS ON EARLY NEW ENGLAND DURING 1790-1840. INTERPRETERS PORTRAYED THE DAILY LIFE, WORK AND CELEBRATIONS OF AN EARLY NEW ENGLAND COMMUNITY TO APPROXIMATELY 255,000 VISITORS, INCLUDING 50,000 SCHOOL CHILDREN. OVER 15,000 ADDITIONAL VISITORS PARTICIPATED IN VARIOUS SPECIAL PROGRAMS AND EDUCATIONAL ACTIVITIES.
RESEARCH, CURATORIAL AND LIBRARY: RESEARCH INTO THE MATERIAL AND WRITTEN SOURCES OF REGIONAL HISTORY AND EFFORTS TO COLLECT AND PRESERVE THE BUILDING, OBJECTS, HAND PROCESSES AND CULTURAL PATTERNS OF EARLY NEW ENGLANDERS. HISTORICAL COLLECTIONS INCLUDE OVER 50,000 ARTIFACTS AND 40,000 BOOKS AND MANUSCRIPTS.
FOOD SERVICE: PROVIDES CATERING FOR ON-CAMPUS EVENTS AND CONVENIENT ON-SITE FOOD SERVICE TO VISITORS.
OTHER PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Donahue President | Officer | 40 | $288,323 |
Tina Krasnecky VP Of Finance | Officer | 40 | $131,606 |
Brad King Senior VP Of Campus Operat | 40 | $123,819 | |
Cynthia Michener Vice Chair | OfficerTrustee | 2 | $0 |
Robert E Roemer Second Vice Chair | OfficerTrustee | 2 | $0 |
Bichop Nawrot Chair | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
George L King Horse Handler | 1/30/17 | $130,549 |
Darin Johnson Consultant | 1/30/17 | $123,450 |
Brian Clowdus Productions Llc Director Of Interactive Performance | 1/30/17 | $169,907 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,843,060 |
| Investment income | $180,649 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $4,693 |
| Net Rental Income | $622,785 |
| Net Gain/Loss on Asset Sales | $154,378 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,063,304 |
| Statement of Expenses | |
|---|---|
| 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. | $440,629 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,258,800 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $908,069 |
| Payroll taxes | $367,438 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $55,190 |
| Fees for services: Accounting | $67,062 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $66,584 |
| Fees for services: Other | $183,242 |
| Advertising and promotion | $122,112 |
| Office expenses | $408,328 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $675,892 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $344,250 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $607,523 |
| Insurance | $252,437 |
| All other expenses | $0 |
| Total functional expenses | $10,316,361 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $574,201 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $150,101 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $44,435 |
| Prepaid expenses and deferred charges | $60,768 |
| Investments—publicly traded securities | $12,017,093 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,159,321 |
| Total assets | $21,603,377 |
| Accounts payable and accrued expenses | $1,315,717 |
| Grants payable | $0 |
| Deferred revenue | $223,322 |
| 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 | $6,750,781 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,820,546 |
| Total liabilities | $11,110,366 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $10,493,011 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Old Sturbridge Inc has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Dudley And Constance Godfrey Foundation Inc Milwaukee, WI PURPOSE: HISTORICAL | $2,000 |
Endowment Analysis
| Beg. Balance | $9,742,638 |
| Earnings | $1,268,184 |
| Net Contributions | $2,738,000 |
| Other Expense | $635,000 |
| Ending Balance | $13,113,822 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Society For The Preservation Of New England Antiquities Inc Boston, MA | $149,018,347 | $24,101,977 |
Museum Of Jewish Heritage A Living Memorial To The Holocaust New York, NY | $55,434,280 | $9,656,219 |
National Baseball Hall Of Fame And Museum Inc Cooperstown, NY | $59,891,798 | $13,912,990 |
Museum Of The City Of New York New York, NY | $66,852,822 | $13,898,529 |
Old Sturbridge Inc Sturbridge, MA | $21,603,377 | $13,063,304 |
Plimoth Patuxet Museums Inc Plymouth, MA | $39,663,068 | $8,933,676 |
Lower East Side Tenement Museum New York, NY | $36,923,048 | $8,687,426 |
Historic Deerfield Inc Deerfield, MA | $76,973,698 | $8,334,092 |
Heritage Plantation Of Sandwich Inc Sandwich, MA | $34,658,032 | $6,604,835 |
Genesee Country Museum Mumford, NY | $24,289,826 | $5,606,616 |
Fenimore Art Museum New York, NY | $63,527,114 | $3,838,046 |
Farmers Museum Inc New York, NY | $82,300,614 | $4,849,865 |