Society For The Preservation Of New England Antiquities Inc
- Assets
- $149.0m
- Revenue
- $24.1m
- Investments
- $11.4m
- Employees
- 337
- Location
- Boston, MA
- Founding
- 08/2016
- Data as of
- 03/2022
- EIN
- 04-2104937
Organization Overview
Society For The Preservation Of New England Antiquities Inc, operating under the name Historic New England, is located in Boston, MA. The organization was established in 2016. 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 03/2023, Historic New England employed 337 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Historic New England 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 03/2022, Historic New England generated $24.1m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $16.3m during the year ending 03/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE SAVE AND SHARE NEW ENGLAND'S PAST TO ENGAGE AND INFORM PRESENT AND FUTURE GENERATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSEUMS - HISTORIC NEW ENGLAND WELCOMED 167,657 TO OUR THIRTY-EIGHT MUSEUMS AND LANDSCAPES. THE ORGANIZATION OPERATES A MAJOR COLLECTIONS AND ARCHIVES CENTER IN HAVERHILL, MASSACHUSETTS, AND HAS THE WORLD'S LARGEST COLLECTION OF NEW ENGLAND ARTIFACTS, COMPRISING MORE THAN 125,000 DECORATIVE ARTS AND OBJECTS, AND 1.5 MILLION ARCHIVAL DOCUMENTS. ENGAGING EDUCATION PROGRAMS FOR YOUTH, ADULTS, AND PRESERVATION PROFESSIONALS, AND AWARD-WINNING EXHIBITIONS AND PUBLICATIONS ARE OFFERED IN PERSON AND VIRTUALLY.
CONSERVATION AND PRESERVATION- HISTORIC NEW ENGLAND PROVIDES PROPERTY CARE AND MANAGEMENT SERVICES FOR ALL OF THE ORGANIZATIONS HISTORIC PROPERTIES AND LANDSCAPES.
EASEMENT PRESERVATION- THE HISTORIC NEW ENGLAND PRESERVATION EASEMENT PROGRAM PROTECTS 120 PRIVATELY OWNED HISTORIC PROPERTIES THROUGHOUT THE REGION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vin Cipolla President/ceo | OfficerTrustee | 40 | $395,887 |
George F Fiske Jr Treasurer | OfficerTrustee | 2 | $0 |
David L Feigenbaum First Vice-Chair & Clerk | OfficerTrustee | 2 | $0 |
Gregory D Lombardi Second Vice Chair | OfficerTrustee | 2 | $0 |
Deborah L Allinson Chair Of The Board | OfficerTrustee | 2 | $0 |
Randy J Parker Third Vice-Chair | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
William Anthony Excavating Construction Services | 3/30/23 | $241,054 |
Olde Mohawk Construction Services | 3/30/23 | $169,800 |
Sanborn Head & Associates Inc Environmental Remediation | 3/30/23 | $123,819 |
Elizabeth A Vorce Marketing Consultant | 3/30/23 | $115,000 |
The Journeyman Press Printing | 3/30/23 | $105,369 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $463,846 |
| Fundraising events | $1,217,746 |
| Related organizations | $0 |
| Government grants | $2,836,407 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,972,006 |
| Noncash contributions included in lines 1a–1f | $495,535 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,490,005 |
| Total Program Service Revenue | $546,712 |
| Investment income | $1,206,377 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $9,551 |
| Net Rental Income | $433,726 |
| Net Gain/Loss on Asset Sales | $11,824,719 |
| Net Income from Fundraising Events | -$237,191 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$197,922 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $24,101,977 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $104,141 |
| 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. | $784,868 |
| Compensation of current officers, directors, key employees. | $346,743 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,309,079 |
| Pension plan accruals and contributions | $205,825 |
| Other employee benefits | $736,506 |
| Payroll taxes | $429,539 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $73,853 |
| Fees for services: Accounting | $55,135 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $601,686 |
| Fees for services: Other | $54,175 |
| Advertising and promotion | $187,577 |
| Office expenses | $449,330 |
| Information technology | $419,496 |
| Royalties | $0 |
| Occupancy | $610,347 |
| Travel | $144,576 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,233 |
| Interest | $50,027 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $570,969 |
| Insurance | $214,443 |
| All other expenses | -$185,059 |
| Total functional expenses | $16,333,190 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,207,985 |
| Pledges and grants receivable | $1,466,551 |
| Accounts receivable, net | $2,946 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $187,829 |
| Prepaid expenses and deferred charges | $215,306 |
| Net Land, buildings, and equipment | $7,802,547 |
| Investments—publicly traded securities | $124,663,200 |
| Investments—other securities | $11,411,614 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,060,369 |
| Total assets | $149,018,347 |
| Accounts payable and accrued expenses | $2,892,011 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $1,347,514 |
| 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 | $507,686 |
| Total liabilities | $4,747,211 |
| Net assets without donor restrictions | $27,485,536 |
| Net assets with donor restrictions | $116,785,600 |
| 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 | $149,018,347 |