Colonial Society Of Massachusetts
- Assets
- $16.6m
- Revenue
- $607.9k
- Investments
- $16.1m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 05/1987
- Data as of
- 09/2023
- EIN
- 04-6110988
Organization Overview
Colonial Society Of Massachusetts is located in Boston, MA. The organization was established in 1987. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colonial Society Of Massachusetts 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 09/2023, Colonial Society Of Massachusetts generated $607.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (13.2%) each year. All expenses for the organization totaled $727.0k during the year ending 09/2023. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLICATION & RESEARCH
OUTREACH PROGRAM
MAINTENANCE OF HISTORICAL SITE AND ALL OTHER
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert J Allison President | 3 | $0 | |
Amory L Logan Treasurer | 2 | $0 | |
Leslie A Morris Secretary | 2 | $0 | |
Rashaun Martin Vice President | 2 | $0 | |
Daniel R Coquillette Vice President | 2 | $0 | |
Celeste Walker Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $38,586 |
| Interest on Savings | $0 |
| Dividends & Interest | $249,036 |
| Net Rental Income | $207,700 |
| Net Gain on Sale of Assets | $89,841 |
| Capital Gain Net Income | $89,841 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $22,698 |
| Total Revenue | $607,861 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $47,811 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $33,366 |
| Depreciation | $20,154 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $22,329 |
| Printing and publications | $163,749 |
| Other expenses | $310,339 |
| Total operating and administrative expenses | $702,032 |
| Contributions, gifts, grants paid | $25,000 |
| Total expenses and disbursements | $727,032 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $373,479 |
| 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 | $9,521 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $193,236 |
| Other assets | $0 |
| Total assets | $16,641,549 |
| Accounts payable and accrued expenses | $54,291 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $54,291 |
Grants Awarded
Over the last fiscal year, Colonial Society Of Massachusetts has awarded $25,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AMES FOUNDATION PURPOSE: GENERAL FUNDS | $20,000 |
NEW ENGLAND REGIONAL FELLOWSHIP CONSORTIUM CO MA HISTORICAL SOCIETY PURPOSE: GENERAL FUNDS | $5,000 |