Revolutionary Spaces Inc
- Assets
- $12.7m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 58
- Location
- Boston, MA
- Founding
- 12/1986
- Data as of
- 12/2020
- EIN
- 04-2104806
Organization Overview
Revolutionary Spaces Inc is located in Boston, MA. The organization was established in 1986. 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 12/2021, Revolutionary Spaces Inc employed 58 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Revolutionary Spaces 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 12/2020, Revolutionary Spaces Inc generated $3.6m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 30.9% each year . All expenses for the organization totaled $3.3m during the year ending 12/2020. While expenses have increased by 28.3% per year over the past 5 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
REVOLUTIONARY SPACES BRINGS PEOPLE TOGETHER TO EXPLORE THE AMERICAN STRUGGLE TO CREATE AND SUSTAIN A FREE SOCIETY, SINGULARLY EVOKED BY BOSTON'S OLD SOUTH MEETING HOUSE AND OLD STATE HOUSE. WE STEWARD THESE BUILDINGS AS GATHERING SPACES FOR THE OPEN EXCHANGE OF IDEAS AND THE CONTINUING PRACTICE OF DEMOCRACY, INSPIRING ALL WHO BELIEVE IN THE POWER OF PEOPLE TO GOVERN THEMSELVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESERVATION AND RENOVATION OF THE OLD STATE HOUSE AND OLD SOUTH MEETING HOUSE, HISTORIC LANDMARKS OF COLONIAL-ERA BOSTON; AND OPERATION OF THE OLD STATE HOUSE AND OLD SOUTH MEETING HOUSE MUSEUMS, TO PROMOTE BETTER PUBLIC UNDERSTANDING OF THE PERIOD AND INTELLECTUAL CLIMATE THAT GAVE BIRTH TO THE AMERICAN REVOLUTION.
GENERAL PROGRAMMING ACTIVITIES INCLUDE CONSERVATION OF REVOLUTIONARY SPACES' COLLECTION AND ARCHIVES AS A RESOURCE FOR BOTH RESEARCHERS AND THE GENERAL PUBLIC, AND INTERPRETING THE OLD STATE HOUSE, OLD SOUTH MEETING HOUSE, AND THEIR HISTORIES THROUGH EXHIBITIONS AND PROGRAMMING TARGETED TO MUSEUM VISITORS, SCHOOL GROUPS AND MEMBERS OF THE COMMUNITY. PROGRAMS INCLUDE: GALLERY PROGRAMS AND SUBJECT-BASED MUSEUM TOURS, VIRTUAL PROGRAMS, LARGE-SCALE HISTORICAL RE-ENACTMENTS, AND SITE-SPECIFIC HISTORY THEATRE PRODUCTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nathaniel Sheidley President & CEO | Officer | 40 | $189,539 |
Anne Freeh Engel Evp, Museum Experience | 40 | $122,609 | |
Matt Cotty Director Of Development | 40 | $115,823 | |
Ray Hoefling Treasurer | OfficerTrustee | 1 | $0 |
Jim Hunnewell Preservation Officer Old S | OfficerTrustee | 1 | $0 |
Ellen Lipsey Vice Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,909,104 |
| Investment income | $70,380 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $178,664 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $174,079 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,566,047 |
| Statement of Expenses | |
|---|---|
| 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. | $262,942 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,418,365 |
| Pension plan accruals and contributions | $28,212 |
| Other employee benefits | $38,779 |
| Payroll taxes | $117,310 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,125 |
| Fees for services: Accounting | $63,480 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $162,000 |
| Fees for services: Investment Management | $31,387 |
| Fees for services: Other | $92,864 |
| Advertising and promotion | $36,022 |
| Office expenses | $71,209 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $173 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,109 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $160,178 |
| Insurance | $93,165 |
| All other expenses | $0 |
| Total functional expenses | $3,297,505 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,797,202 |
| Savings and temporary cash investments | $280,656 |
| Pledges and grants receivable | $2,322,222 |
| 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 | $296,687 |
| Prepaid expenses and deferred charges | $28,919 |
| Investments—publicly traded securities | $3,417,006 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $12,660,742 |
| Accounts payable and accrued expenses | $177,100 |
| 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 | $177,100 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $12,483,642 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Revolutionary Spaces Inc has recieved totaling $34,265.
| Awarding Organization | Amount |
|---|---|
Advisors Charitable Gift Fund Inc Woburn, MA PURPOSE: General Support | $10,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $9,000 |
The Lee L And Judith E Selwyn Found Ation Chestnut Hill, MA PURPOSE: SUPPORT HISTORIC PRESERVATION | $7,500 |
Hamilton Company Charitable Foundation Allston, MA PURPOSE: GENERAL | $5,000 |
Society Of Colonial Wars In The Commonwealth Of Massachusetts Boston, MA PURPOSE: GENERAL OPERATING SUPPORT | $2,750 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $15 |
Endowment Analysis
| Beg. Balance | $311,623 |
| Earnings | $86,447 |
| Ending Balance | $398,070 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Preservation Society Of Newport County Newport, RI | $83,597,126 | $27,874,827 |
Friends Of The High Line Inc New York, NY | $106,621,000 | $20,114,000 |
World Monuments Fund Inc New York, NY | $56,711,356 | $20,259,179 |
Historic Hudson Valley Pocantico Hills, NY | $88,361,473 | $19,006,453 |
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 Fort Ticonderoga Association Inc Ticonderoga, NY | $22,583,346 | $10,084,437 |
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 |
Statue Of Liberty Ellis Island Foundation Inc New York, NY | $69,211,443 | $8,809,212 |
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 |