Wayland Historical Society Incorporated
- Assets
- $1.1m
- Revenue
- $101.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Wayland, MA
- Founding
- 04/1958
- Data as of
- 04/2022
- EIN
- 04-6112780
Organization Overview
Wayland Historical Society Incorporated, operating under the name Wayland Historical Society & Museum, is located in Wayland, MA. The organization was established in 1958. 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. Wayland Historical Society & Museum 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 04/2022, Wayland Historical Society & Museum generated $101.1k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $36.3k during the year ending 04/2022. 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
PRESERVATION AND CONSERVATION OF THE HISTORY OF WAYLAND, MASSACHUSETTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WHS HAS A PART-TIME PROFESSIONAL CURATOR. THE CURATOR IS RESPONSIBLE FOR: COLLECTIONS MANAGEMENT - RECORDING AND CATALOGUING ALL ITEMS IN THE COLLECTION; AND RESEARCH - RESEARCHING AND RESPONDING TO INQUIRES FROM THE PUBLIC AND IDENTIFYING LONG-TERM PROJECTS RELEVANT TO THE COLLECTION. SHE IS ALSO RESPONSIBLE FOR THE GROUT HEARD HOUSE MUSEUM, GIVING TOURS OF THE MUSEUM TO THE PUBLIC AND TRAINING VOLUNTEERS.
THE WHS OWNS AND MAINTAINS THE GROUT-HEARD HOUSE MUSEUM, A CIRCA 1740 2 AND 1/2 STORY COLONIAL HOUSE WITH A CIRCA 1826 ELL AND A 1962 ADDITION FOR A KITCHEN AND OFFICE. THE COLLECTIONS ARE HOUSED IN THE 9 ROOM FORMER DWELLING - 7 ROOMS ARE USED FOR EXHIBITION SPACE, ONE FOR STORAGE AND ONE FOR RESEARCH. EXHIBITION ROOMS, OPEN TO THE PUBLIC FOR TOURS, ARE FURNISHED WITH ARTIFACTS FROM THE 18TH AND 19TH CENTURIES, DURING WHICH THE TIME THE HOUSE WAS OCCUPIED BY THE GROUT AND HEARD FAMILIES. THEY INCLUDE FURNITURE, ART WORK, CHINA, GLASS, AND OTHER ARTIFACTS. THE MUSEUM ALSO MAINTAINS COLLECTIONS OF PHOTOGRAPHS, MAPS, BOOKS, AUDIO RECORDINGS AND OTHER TYPES OF DOCUMENTS THAT ARE AVAILABLE TO RESEARCHERS WHO COME TO THE MUSEUM AND ONLINE THROUGH THE WHS WEBSITE AND THROUGH DIGITAL COMMONWEALTH, A STATE-WIDE CONSORTIUM OF LIBRARIES, MUSEUMS, AND HISTORICAL SOCIETIES ACROSS MASSACHUSETTS.
THE WHS MAINTAINS A WEBSITE, WAYLANDMUSEUM.ORG, WHICH IS A SOURCE OF INFORMATION FOR BOTH MEMBERS OF THE SOCIETY AND THE COMMUNITY AT LARGE. THE WEBSITE PROVIDES INFORMATION ABOUT THE GROUT-HEARD HOUSE AND ABOUT CURRENT AND UPCOMING PROGRAMS PROVIDED OR SPONSORED BY THE SOCIETY. MOST PROGRAMS ARE RECORDED AND CAN BE ACCESSED FROM THE WEBSITE. THE WHS SENDS AN ELECTRONIC NEWSLETTER TO MEMBERS AND OTHER SUBSCRIBERS WITH ARTICLES OF INTEREST ABOUT LOCAL WAYLAND HISTORY. THE NEWSLETTERS ARE ALSO AVAILABLE ON THE WEBSITE ALONG WITH LINKS TO OTHER RESOURCES FOR LOCAL HISTORY.
EACH YEAR THE WHS PROVIDES A SMALL STIPEND TO AN OUTSTANDING STUDENT AT WAYLAND HIGH SCHOOL, WHO HAS DEMONSTRATED INTEREST AND EXCELLENCE IN THE STUDY OF AMERICAN HISTORY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kay Gardner-Wescott Curator | Officer | 20 | $13,200 |
Lynn Trimby Treasurer And Trustee | OfficerTrustee | 5 | $0 |
Gretchen Schuler President | Officer | 10 | $0 |
Anette Lewis Vice-President | Officer | 8 | $0 |
Alice Bolter Secretary | Officer | 2 | $0 |
Robert Dorey Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $8,605 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,130 |
| Noncash contributions included in lines 1a–1f | $104 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,735 |
| Total Program Service Revenue | $408 |
| Investment income | $80,975 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $101,118 |
| 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. | $13,200 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,528 |
| Fees for services: Management | $1,375 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $188 |
| Office expenses | $1,917 |
| Information technology | $159 |
| Royalties | $0 |
| Occupancy | $16,013 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $680 |
| All other expenses | $1,195 |
| Total functional expenses | $36,255 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,953 |
| Savings and temporary cash investments | $47,888 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,009,985 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1 |
| Total assets | $1,059,827 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $747,379 |
| Net assets with donor restrictions | $312,448 |
| 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 | $1,059,827 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Wayland Historical Society Incorporated has recieved totaling $24,066.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $10,950 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $6,558 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $6,558 |
Endowment Analysis
| Beg. Balance | $1,157,395 |
| Earnings | -$83,059 |
| Net Contributions | $9,825 |
| Other Expense | $26,288 |
| Ending Balance | $1,057,873 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Greenwich Historical Society Inc Cos Cob, CT | $25,626,567 | $1,529,771 |