Thoreau Society Inc
- Assets
- $424.7k
- Revenue
- $499.4k
- Investments
- $36.4k
- Employees
- 10
- Location
- Concord, MA
- Founding
- 10/1980
- Data as of
- 03/2022
- EIN
- 16-6035496
Organization Overview
Thoreau Society Inc is located in Concord, MA. The organization was established in 1980. As of 03/2022, Thoreau Society Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thoreau Society 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 03/2022, Thoreau Society Inc generated $499.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $428.9k during the year ending 03/2022. While expenses have increased by 7.2% 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 HONOR HENRY THOREAU, HIS PHILOSOPHY AND WORKS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO HONOR HENRY THOREAU, HIS PHILOSOPHY AND HIS WORKS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Frederick Executive Director | Officer | 40 | $80,500 |
Rochelle Johnson President | OfficerTrustee | 2 | $0 |
Deborah Medenbach Secretary Clerk | Officer | 2 | $0 |
Michael Schleifer Treasurer | Officer | 2 | $0 |
Phyllis Cole Director | Trustee | 1 | $0 |
John Kucich Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $66,571 |
| Fundraising events | $14,179 |
| Related organizations | $0 |
| Government grants | $101,632 |
| All other contributions, gifts, grants, and similar amounts not included above | $90,078 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $272,460 |
| Total Program Service Revenue | $56,961 |
| Investment income | $634 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $8,433 |
| 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 | $160,308 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $499,367 |
| 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. | $80,523 |
| Compensation of current officers, directors, key employees. | $64,400 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $113,307 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $23,107 |
| Payroll taxes | $14,841 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,500 |
| Advertising and promotion | $3,055 |
| Office expenses | $3,314 |
| Information technology | $16,883 |
| Royalties | $0 |
| Occupancy | $32,734 |
| Travel | $8,000 |
| 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 | $1,864 |
| Insurance | $6,615 |
| All other expenses | $28,238 |
| Total functional expenses | $428,866 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $176,415 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $71,154 |
| 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 | $80,295 |
| Prepaid expenses and deferred charges | $1,558 |
| Net Land, buildings, and equipment | $2,943 |
| Investments—publicly traded securities | $55,906 |
| Investments—other securities | $36,448 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $424,719 |
| Accounts payable and accrued expenses | $31,071 |
| Grants payable | $0 |
| Deferred revenue | $8,279 |
| 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 | $39,350 |
| Net assets without donor restrictions | $338,702 |
| Net assets with donor restrictions | $46,667 |
| 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 | $424,719 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Thoreau Society Inc has recieved totaling $31,111.
| Awarding Organization | Amount |
|---|---|
Neil And Anna Rasmussen Foundation Concord, MA PURPOSE: UNRESTRICTED CONTRIBUTION | $25,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $6,100 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $11 |
Endowment Analysis
| Beg. Balance | $39,324 |
| Earnings | $1,566 |
| Other Expense | -$1,465 |
| Ending Balance | $42,355 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Literary Classics Of The United States Inc New York, NY | $32,475,122 | $7,761,557 |
Poets & Writers Inc New York, NY | $8,951,553 | $4,923,275 |
Tricycle Foundation Inc New York, NY | $2,370,095 | $3,225,957 |
Poets House Inc New York, NY | $8,003,278 | $1,599,179 |
Just Buffalo Literary Center Inc Buffalo, NY | $1,228,865 | $1,014,497 |
Atled Inc Arverne, NY | $346,965 | $992,368 |
Jewish Book Council New York, NY | $2,325,151 | $1,238,406 |
Writers And Books Inc Rochester, NY | $929,486 | $636,824 |
Nuyorican Poets Cafe Inc New York, NY | $25,372,996 | $4,917,152 |
Thoreau Society Inc Concord, MA | $424,719 | $499,367 |
Dante Alighieri Society Of Massachusetts Cambridge, MA | $319,281 | $168,246 |
Terezin Chamber Music Foundation Inc Boston, MA | $465,666 | $101,844 |