Higginson 1908 Foundation Inc is located in Boston, MA. The organization was established in 2017. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, 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. Higginson 1908 Foundation 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 06/2022, Higginson 1908 Foundation Inc generated $173.4k 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 (3.9%) each year. All expenses for the organization totaled $17.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (13.4%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION WAS ORGANIZED TO PRESERVE AND PROTECT OLD AND HISTORIC BUILDINGS IN AND AROUND BOSTON, MASSACHUSETTS, INCLUDING SPECIFICALLY THE CLUBHOUSE OF THE HARVARD CLUB OF BOSTON, AS WELL AS TO PRESERVE AND PROTECT HISTORICALLY SIGNIFICANT ARTWORK EXHIBITED IN AND AROUND BOSTON, MASSACHUSETTS, INCLUDING WITHIN THE CLUBHOUSE OF THE HARVARD CLUB OF BOSTON, IN ORDER TO PERPETUATE THE FURTHER EDUCATION OF POSTERITY WITH REGARD TO THE ARCHITECTURAL, HISTORIC, ARTISITIC AND GENERAL CULTURAL HERITAGE OF THE BOSTON AREA.THE FOUNDATION WAS FURTHER ORGANIZED TO ENCOURAGE EDUCATION AND PERSONAL ADVANCEMENT FOR YOUTH IN THE GREATER BOSTON AREA, TO FOSTER SCIENTIFIC, LITERARY AND EDUCATIONAL INTERESTS AMONG MEMBERS OF THE HARVARD CLUB OF BOSTON AND TO ADVANCE THE INTERESTS AND PROMOTE THE WELFARE OF HARVARD UNIVERSITY.
Describe the Organization's Program Activity:
Part 3
DURING 2019, THE FOUNDATION DID NOT PERFORM ANY PROGRAM SERVICES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael H Shanahan President & Director | 2 | $0 | |
Michael F Cronin Treasurer | 0.1 | $0 | |
Nicholas J Iselin Clerk & Director | 1 | $0 | |
Philip C Haughey Director | 0.1 | $0 | |
Karen Van Winkle Director | 0.1 | $0 | |
Matthew G Hegarty Director | 0.1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $173,282 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $124 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $173,406 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $5,260 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $100 |
Other expenses | $5,487 |
Total expenses | $17,645 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $136,302 |
Other assets | $0 |
Total assets | $333,758 |
Total liabilities | $5,000 |
Net assets or fund balances | $328,758 |
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