Blithewold Inc
- Assets
- $13.8m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 62
- Location
- Bristol, RI
- Founding
- 01/2000
- Data as of
- 02/2022
- EIN
- 05-0503407
Organization Overview
Blithewold Inc is located in Bristol, RI. The organization was established in 2000. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 02/2022, Blithewold Inc employed 62 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blithewold Inc 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 02/2022, Blithewold Inc generated $2.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $1.9m during the year ending 02/2022. While expenses have increased by 2.6% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESERVE AND SHARE THE HORTICULTURE, HISTORY AND BEAUTY OF BLITHEWOLD AS AN AUTHENTIC 'COUNTRY PLACE ERA' WATERFRONT ESTATE WITH THE FOUNDING FAMILY'S DISTINCTIVE ARBORETUM, GARDENS, MANSION AND COLLECTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESERVATION - TO PRESERVE AND MAINTAIN THE HISTORICAL MANSION AND OUTBUILDINGS, ARBORETUM AND GROUNDS. PROPERTIES ARE OPEN TO THE GENERAL PUBLIC, AND A BALANCE IS MAINTAINED BETWEEN THE SITE USE AND PRESERVATION EFFORTS. MEMBER & VISITOR SERVICES DEPARTMENT OFFERS TOURS AND SPONSORS EVENTS FOR THE ENJOYMENT OF ITS MEMBERS AND VISITORS IN AN EFFORT TO FURTHER AN UNDERSTANDING OF THE ESTATE'S CULTURAL AND HISTORIC HERITAGE, AND BUILD A GREATER AWARENESS AND APPRECIATION FOR THE ART AND SCIENCE OF HORTICULTURE.
MEMBER & VISITOR SERVICES-OFFER TOURS AND SPONSOR EVENTS FOR THE ENJOYMENT OF MEMBERS AND GENERAL PUBLIC IN ORDER TO FURTHER AN UNDERSTANDING OF THE ESTATE'S CULTURAL AND HISTORICAL HERITAGE. CULTIVATE MEMBERSHIPS FOR BLITHEWOLD. BLITHEWOLD MANSION, GARDENS & ARBORETUM HAS 1,400 MEMBERS, 35,000 VISITORS (ESTIMATED) ANNUALLY. THE PROPERTY IS OPEN TO THE PUBLIC 365 DAYS A YEAR AND THE MANSION IS OPEN 120 DAYS A YEAR.
EDUCATION PROGRAMS - VARIOUS EDUCATIONAL CLASSES ARE OFFERED TO MEMBERS AND THE GENERAL PUBLIC YEAR ROUND. TOPICS ARE BASED ON THE SCIENCE OF HORTICULTURE, GARDEN MAINTENANCE, LANDSCAPE AND GARDEN DESIGN PRINCIPLES, AND ENVIRONMENTAL SCIENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Binder Executive Director | Officer | 40 | $123,610 |
Trish Sylvester Chairman | OfficerTrustee | 2 | $0 |
Jeff Hirsh Vice Chair | OfficerTrustee | 2 | $0 |
Joe Dewhirst Treasurer | OfficerTrustee | 2 | $0 |
Greg Hoffman Secretary | OfficerTrustee | 2 | $0 |
Karen Barbera Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Charles E Millard Inc General Contractor | 2/27/19 | $353,235 |
E Coast Landscaping & Construction Inc Landscaping And Construction | 2/27/19 | $310,592 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $182,855 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $468,583 |
| All other contributions, gifts, grants, and similar amounts not included above | $235,564 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $887,002 |
| Total Program Service Revenue | $784,928 |
| Investment income | $270,425 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $561,019 |
| Net Gain/Loss on Asset Sales | -$12,441 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $64,438 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,556,118 |
| 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. | $162,636 |
| Compensation of current officers, directors, key employees. | $54,206 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $641,702 |
| Pension plan accruals and contributions | $20,664 |
| Other employee benefits | $36,767 |
| Payroll taxes | $71,361 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $986 |
| Fees for services: Accounting | $16,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $27,889 |
| Fees for services: Other | $16,431 |
| Advertising and promotion | $59,331 |
| Office expenses | $86,622 |
| Information technology | $5,939 |
| Royalties | $0 |
| Occupancy | $108,135 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,353 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $147,391 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,885,263 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $297,687 |
| Savings and temporary cash investments | $210,411 |
| Pledges and grants receivable | $40,000 |
| Accounts receivable, net | $164,825 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $46,794 |
| Prepaid expenses and deferred charges | $58,868 |
| Net Land, buildings, and equipment | $3,354,632 |
| Investments—publicly traded securities | $8,412,814 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,185,797 |
| Total assets | $13,771,828 |
| Accounts payable and accrued expenses | $67,447 |
| 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 | $559,430 |
| Total liabilities | $626,877 |
| Net assets without donor restrictions | $9,441,327 |
| Net assets with donor restrictions | $3,703,624 |
| 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 | $13,771,828 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Blithewold Inc has recieved totaling $73,831.
| Awarding Organization | Amount |
|---|---|
Van Sloun Foundation Marion, MA PURPOSE: UNRESTRICTED | $20,000 |
Grimshaw Gudewicz Charitable Foundation Fall River, MA PURPOSE: OPERATING | $15,000 |
United Way Of Rhode Island Inc Providence, RI PURPOSE: DESIGNATED DONATION/GRANT | $12,325 |
Hartfield Foundation Inc Philadelphia, PA PURPOSE: HORTICULTURE - GENERAL | $10,000 |
The Rhode Island Community Foundation Providence, RI PURPOSE: GENERAL SUPPORT; PROGRAM SUPPORT; CHALLENGE MATCH; CAPITAL | $8,500 |
Van Beuren Charitable Foundation Inc New York, NY PURPOSE: UNRESTRICTED | $5,000 |
Endowment Analysis
| Beg. Balance | $7,268,416 |
| Earnings | $527,512 |
| Admin Expense | $27,889 |
| Net Contributions | $1,516,578 |
| Other Expense | $871,859 |
| Ending Balance | $8,412,758 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Preservation Society Of Newport County Newport, RI | $83,597,126 | $27,874,827 |
New England Historic Genealogical Society Inc Boston, MA | $58,526,477 | $13,569,592 |
Connecticut Trust For Historic Preservation Hamden, CT | $2,880,357 | $12,511,714 |
The Josef And Anni Albers Foundation Inc Bethany, CT | $32,115,057 | $7,525,828 |
Massachusetts Historical Society Boston, MA | $153,195,244 | $13,508,822 |
Edward M Kennedy Institute For The United States Senate Inc Boston, MA | $123,530,650 | $3,733,081 |
Nantucket Historical Association Nantucket, MA | $54,222,410 | $8,695,480 |
Old Dartmouth Historical Society New Bedford, MA | $34,006,057 | $4,398,959 |
Longyear Foundation Chestnut Hill, MA | $89,717,861 | $3,937,071 |
Iyrs School Of Technology & Trades Newport, RI | $24,395,751 | $5,182,625 |
Connecticut Historical Society Hartford, CT | $72,727,103 | $6,569,476 |
Preserve Rhode Island Providence, RI | $13,128,578 | $4,482,092 |