Revere And Son Heritage Trust Corporation

Organization Overview

Revere And Son Heritage Trust Corporation is located in Canton, MA. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Revere And Son Heritage Trust Corporation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Revere And Son Heritage Trust Corporation 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 06/2023, Revere And Son Heritage Trust Corporation generated $298.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 50.7% each year . All expenses for the organization totaled $223.3k during the year ending 06/2023. While expenses have increased by 43.3% per year over the past 3 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THIS CORPORATION WILL MANAGE TWO HISTORIC BUILDINGS AND GROUNDS LOCATED AT AN HISTORIC SITE IN CANTON, MA. THE CORPORATION WILL DESIGN, DEVELOP AND MANAGE THE OPERATIONS OF THE PAUL REVERE MUSEUM OF DISCOVERY AND INNOVATION, DEVELOP SUPPORTING ATTRACTIONS FOR PUBLIC PURPOSE, AND PROVIDE EDUCATIONAL, CULTURAL AND RECREATIONAL PROGRAMING AT THIS HISTORIC SITE. THESE ACTIVITIES WILL BE PERFORMED UNDER THE DIRECTION OF THE CORPORATION'S BOARD OF DIRECTORS, USING VOLUNTEERS, EMPLOYEES AND FIRMS RETAINED TO PROVIDE SPECIALIZED SERVICES. THESE ACTIVITIES WILL BE FUNDED THROUGH RENTAL INCOME, MUSEUM AND EVENT ADMISSIONS, FINANCIAL SUPPORT FROM THE TOWN OF CANTON, AND PUBLIC AND PRIVATE GRANTS, ENDOWMENTS AND PHILANTHROPY. REVENUES AND EXPENSES FOR THE CORPORATION WILL INURE TO THE BENEFIT OF ENHANCING THIS HISTORIC SITE AND FURTHERING THE EDUCATION AND RECREATIONAL ENJOYMENT OF THE PUBLIC.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MASTER PLAN AND MUSEUM DEVELOP AND DESIGN: THE CORPORATION HAS RETAINED SPECIALIZED SERVICES FROM FIRMS THAT HAVE EXTENSIVE EXPERIENCE IN MUSEUM DEVELOPMENT AND DESIGN. THE VENDERS PROVIDING SERVICE WERE SELECTED USING THE STANDARD PROCUREMENT PROCESS AS REQUIRED BY THE TOWN OF CANTON. THE DESIGN AND DEVELOPMENT OF THE MUSEUM AT THIS HISTORIC SITE IS BEING FUNDED, BY AMONG OTHER SOURCES: FINANCIAL ASSISTANCE FROM THE TOWN OF CANTON; GRANTS FROM THE MASSACHUSETTS CULTURAL COUNCIL AND OFFICE OF TRAVEL & TOURISM; EARMARKS IN THE STATE LEGISLATIVE BUDGET; ARPA GRANTS; AND OTHER DONATIONS. THE $116,000 OF THE $121,943 EXPENSES PAID IN THE CURRENT FISCAL YEAR WAS TO THE VENDOR SELECTED TO DESIGN INTERIOR AND EXTERIOR EXHIBITS FOR THE MUSEUM. IT IS ANTICIPATED THAT MORE SUCH FUNDS WILL BE SPENT IN THE FUTURE.


ORGANIZED AND SPONSORED EVENTS - THE R&S TRUST MISSION INCLUDES ORGANIZING AND SPONSORING EVENTS AND PROGRAMS TO INTRODUCE THE COMMUNITY TO THIS HISTORIC TREASURE AND TO SUPPORT OTHER CULTURAL, RECREATIONAL AND EDUCATIONAL ACTIVITIES. DURING THE YEAR, THE CORPORATION HOSTED AT LEAST SIX EVENTS. THE LARGEST OF THESE WAS HERITAGE DAY THAT BROUGHT OVER 1000 VISITORS TO THE SITE. THE ALSO MUSEUM SPONSORED A PHOTOGRAPHY EXHIBIT OF OUR MANY DIVERSE HERITAGES. THE PHOTOGRAPHY EXHIBIT WAS SUPPLEMENTED WITH AN EDUCATIONAL PROGRAM. THE CORPORATION HELD OTHER SMALLER EVENTS SUCH AS A BOOMER TRIVIA NIGHT, MINIATURE GOLF NETWORKING EVENT, AND A HOLIDAY FESTIVAL TO SOLICIT VOLUNTEERS AND INTRODUCE PEOPLE TO THE MUSEUM. PART VIII SHOWS THAT THE $19,661 IN EXPENSES FOR THESE EVENTS EXCEEDED THE $18,459 REVENUES, BUT GENERATED $8,173 IN DONATIONS TO THE CORPORATION. IN ADDITION, APPROXIMATELY $15,106 WAS SPENT TO DEVELOP MUSEUM EXHIBITS RESULTING IN $34,767 IN PROGRAM COSTS


MASTER PLAN AND MUSEUM DEVELOP AND DESIGN: THE CORPORATION HAS RETAINED SPECIALIZED SERVICES FROM FIRMS THAT HAVE EXTENSIVE EXPERIENCE IN MUSEUM DEVELOPMENT AND DESIGN. THE VENDERS PROVIDING SERVICE WERE SELECTED USING THE STANDARD PROCUREMENT PROCESS AS REQUIRED BY THE TOWN OF CANTON. THE DESIGN AND DEVELOPMENT OF THE MUSEUM AT THIS HISTORIC SITE IS BEING FUNDED, BY AMONG OTHER SOURCES: FINANCIAL ASSISTANCE FROM THE TOWN OF CANTON; GRANTS FROM THE MASSACHUSETTS CULTURAL COUNCIL AND OFFICE OF TRAVEL & TOURISM; EARMARKS IN THE STATE LEGISLATIVE BUDGET; ARPA GRANTS; AND OTHER DONATIONS. THE $116,000 OF THE $121,943 EXPENSES PAID IN THE CURRENT FISCAL YEAR WAS TO THE VENDOR SELECTED TO DESIGN INTERIOR AND EXTERIOR EXHIBITS FOR THE MUSEUM. IT IS ANTICIPATED THAT MORE SUCH FUNDS WILL BE SPENT IN THE FUTURE.


ORGANIZED AND SPONSORED EVENTS - THE R&S TRUST MISSION INCLUDES ORGANIZING AND SPONSORING EVENTS AND PROGRAMS TO INTRODUCE THE COMMUNITY TO THIS HISTORIC TREASURE AND TO SUPPORT OTHER CULTURAL, RECREATIONAL AND EDUCATIONAL ACTIVITIES. DURING THE YEAR, THE CORPORATION HOSTED AT LEAST SIX EVENTS. THE LARGEST OF THESE WAS HERITAGE DAY THAT BROUGHT OVER 1000 VISITORS TO THE SITE. THE ALSO MUSEUM SPONSORED A PHOTOGRAPHY EXHIBIT OF OUR MANY DIVERSE HERITAGES. THE PHOTOGRAPHY EXHIBIT WAS SUPPLEMENTED WITH AN EDUCATIONAL PROGRAM. THE CORPORATION HELD OTHER SMALLER EVENTS SUCH AS A BOOMER TRIVIA NIGHT, MINIATURE GOLF NETWORKING EVENT, AND A HOLIDAY FESTIVAL TO SOLICIT VOLUNTEERS AND INTRODUCE PEOPLE TO THE MUSEUM. PART VIII SHOWS THAT THE $19,661 IN EXPENSES FOR THESE EVENTS EXCEEDED THE $18,459 REVENUES, BUT GENERATED $8,173 IN DONATIONS TO THE CORPORATION. IN ADDITION, APPROXIMATELY $15,106 WAS SPENT TO DEVELOP MUSEUM EXHIBITS RESULTING IN $34,767 IN PROGRAM COSTS


STORAGE SHED: THE CORPORATION HOLDS MANY TYPES OF COMMUNITY PROGRAMS AND EVENTS AT THIS HISTORIC SITE AND IN THE MUSEUM SPACE. MANY OF THESE EVENTS REQUIRE THE CORPORATION TO HAVE CANOPY TENTS, OUTDOOR GAMES, TABLES, CHAIRS AND OTHER FURNISHINGS AND EQUIPMENT. (SEE SCHEDULE O FOR A DESCRIPTION OF THE PROGRAMS AND EVENTS.) THE CORPORATION NEEDED A STORAGE FACILITY AT THE SITE AND THE TOWN OF CANTON APPROPRIATED $24,746 TO DONATE A SHED TO THE CORPORATION.


STORAGE SHED: THE CORPORATION HOLDS MANY TYPES OF COMMUNITY PROGRAMS AND EVENTS AT THIS HISTORIC SITE AND IN THE MUSEUM SPACE. MANY OF THESE EVENTS REQUIRE THE CORPORATION TO HAVE CANOPY TENTS, OUTDOOR GAMES, TABLES, CHAIRS AND OTHER FURNISHINGS AND EQUIPMENT. (SEE SCHEDULE O FOR A DESCRIPTION OF THE PROGRAMS AND EVENTS.) THE CORPORATION NEEDED A STORAGE FACILITY AT THE SITE AND THE TOWN OF CANTON APPROPRIATED $24,746 TO DONATE A SHED TO THE CORPORATION.


INTERPRETIVE SIGNS: THIS HISTORIC SITE WAS ONCE OCCUPIED BY THE PAUL REVERE COPPER MILL AND HISTORIC DRAFT HORSE BARN. IN AN EFFORT TO PROVIDE A ROBUST EDUCATIONAL, CULTURAL AND RECREATIONAL EXPERIENCE, THE CORPORATION IS INSTALLING INTERPRETIVE SIGNS THROUGHOUT THE PARK AND MUSEUM. IN ADDITION, THE CORPORATION INTENDS TO ADD OTHER HISTORICALLY SIGNIFICANT ITEMS TO THE PARK. WAYFINDING SIGNS WILL ALSO BE NEEDED TO GUIDE VISITORS TO VARIOUS LOCATIONS. IN THE CURRENT FISCAL YEAR, THE CORPORATION EXPENDED MORE THAN $8000 IN PUBLIC APPROPRIATIONS FOR THIS PROGRAM. THE CORPORATION WILL SPEND ADDITIONAL FUNDS ON THIS PROGRAM IN THE FUTURE.


INTERPRETIVE SIGNS: THIS HISTORIC SITE WAS ONCE OCCUPIED BY THE PAUL REVERE COPPER MILL AND HISTORIC DRAFT HORSE BARN. IN AN EFFORT TO PROVIDE A ROBUST EDUCATIONAL, CULTURAL AND RECREATIONAL EXPERIENCE, THE CORPORATION IS INSTALLING INTERPRETIVE SIGNS THROUGHOUT THE PARK AND MUSEUM. IN ADDITION, THE CORPORATION INTENDS TO ADD OTHER HISTORICALLY SIGNIFICANT ITEMS TO THE PARK. WAYFINDING SIGNS WILL ALSO BE NEEDED TO GUIDE VISITORS TO VARIOUS LOCATIONS. IN THE CURRENT FISCAL YEAR, THE CORPORATION EXPENDED MORE THAN $8000 IN PUBLIC APPROPRIATIONS FOR THIS PROGRAM. THE CORPORATION WILL SPEND ADDITIONAL FUNDS ON THIS PROGRAM IN THE FUTURE.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Victor Del Vecchio
President
$0
Alan Hines
Treasurer
$0
Matthew Macdonald
Clerk
$0
Joyce Stenmon
Board Member
$0
Elizabeth H Sugameli
Board Member
$0
George T Comeau
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$8,173
Related organizations$0
Government grants $267,386
All other contributions, gifts, grants, and similar amounts not included above$21,756
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$297,315
Total Program Service Revenue$0
Investment income $361
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $2,050
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$1,192
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $298,534

Peer Organizations

Organization NameAssets
Society For The Preservation Of New England Antiquities Inc
Boston, MA
$24,101,977
Old Sturbridge Inc
Sturbridge, MA
$15,054,768
Museum Of Jewish Heritage A Living Memorial To The Holocaust
New York, NY
$11,373,568
National Baseball Hall Of Fame And Museum Inc
Cooperstown, NY
$16,584,819
Plimoth Patuxet Museums Inc
Plymouth, MA
$10,428,780
Museum Of The City Of New York
New York, NY
$13,898,529
Sephardic Heritage Museum Inc
New York, NY
$5,335,130
Lower East Side Tenement Museum
New York, NY
$14,689,551
Historic Deerfield Inc
Deerfield, MA
$8,334,092
Heritage Plantation Of Sandwich Inc
Sandwich, MA
$8,476,317
Genesee Country Museum
Mumford, NY
$4,325,055
Fenimore Art Museum
New York, NY
$9,430,675
General Society Of Mayflower Descendants
Plymouth, MA
$5,374,522
Strawbery Banke Museum
Portsmouth, NH
$5,700,238
Farmers Museum Inc
New York, NY
$4,849,865
Scottish Rite Masonic Museum & Library Inc
Lexington, MA
-$1,194,731
Collings Foundation Inc
Hudson, MA
$28,392,564
The Mark Twain Memorial
Hartford, CT
$2,766,310
The Long Island Museum Of American Art History & Carriages
Stony Brook, NY
$2,634,076
Audrain Automobile Museum Inc
Newport, RI
$2,562,395
National Coast Guard Museum Association Inc
New London, CT
$5,758,722
New Hampshire Historical Society
Concord, NH
$1,731,658
Worcester Historical Museum
Worcester, MA
$3,037,678
Hill-Stead Museum
Farmington, CT
$1,893,334
The Hammond Museum Inc
Gloucester, MA
$2,206,759

Create an account to unlock the data you need.

or