Braintree Historical Society Inc
- Assets
- $2.0m
- Revenue
- $161.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Braintree, MA
- Founding
- 10/1956
- Data as of
- 04/2020
- EIN
- 04-6050221
Organization Overview
Braintree Historical Society Inc is located in Braintree, MA. The organization was established in 1956. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, 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. Braintree Historical 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 04/2020, Braintree Historical Society Inc generated $161.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $194.2k during the year ending 04/2020. While expenses have increased by 3.6% per year over the past 6 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
HISTORICAL RESEARCH,EDUCATION, AND MAINTENANCE AND PRESERVATION OF THE BIRTHPLACE OF SYLVANUS THAYER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HISTORICAL RESEARCH AND PRESERVATION OF THAYER BIRTHPLACE AND HISTORIC RELICS OF THE TOWN OF BRAINTREE
HISTORICAL RESEARCH AND PRESERVATION OF THAYER BIRTHPLACE AND HISTORIC RELICS OF THE TOWN OF BRAINTREE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Harris President | Officer | 2 | $0 |
Cheryl Edgar Corresponding Secretary | Officer | 2 | $0 |
Aziz Kasan Treasurer | Officer | 8 | $0 |
Sonya Shaw Vice President | Officer | 2 | $0 |
Pepe Goodhue Clerk | Officer | 2 | $0 |
Mary Frazier Past President & Curator | Officer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $126,628 |
| Investment income | $12 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $29,851 |
| 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 | -$3,794 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $161,173 |
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,489 |
| Fees for services: Accounting | $5,795 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,480 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,403 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $13,740 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $48,658 |
| Insurance | $14,402 |
| All other expenses | $0 |
| Total functional expenses | $194,190 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $126,817 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $9,859 |
| Prepaid expenses and deferred charges | $6,067 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $433,317 |
| Total assets | $1,966,831 |
| Accounts payable and accrued expenses | -$675 |
| 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 | $490,598 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,300 |
| Total liabilities | $492,223 |
| 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 | $1,474,608 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Braintree Historical Society Inc has recieved totaling $650.
| Awarding Organization | Amount |
|---|---|
South Shore Bank Charitable Foundation Inc South Weymouth, MA PURPOSE: EXEMPT PURPOSE | $500 |
South Shore Bank Charitable Foundation Inc South Weymouth, MA PURPOSE: EXEMPT PURPOSE | $150 |
Endowment Analysis
| Beg. Balance | $11,414 |
| Earnings | $5 |
| Admin Expense | $35 |
| Ending Balance | $11,384 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hamilton-Madison House Inc New York, NY | $11,830,050 | $17,173,913 |
Buffalo Olmsted Parks Conservancy Inc Buffalo, NY | $5,280,478 | $5,712,316 |
New York Landmarks Conservancy Inc New York, NY | $20,181,669 | $5,556,998 |
Marthas Vineyard Museum Inc Vineyard Haven, MA | $28,426,122 | $2,586,449 |
Florence Griswold Museum Inc Old Lyme, CT | $32,307,778 | $2,875,061 |
Friends Of Hildene Inc Manchester, VT | $15,529,063 | $5,299,027 |
Sakonnet Preservation Assoc Inc Little Compton, RI | $7,767,895 | $3,666,448 |
Mattatuck Historical Society Waterbury, CT | $30,372,011 | $3,496,557 |
Edith Wharton Restoration Inc Lenox, MA | $18,245,381 | $3,306,294 |
Rhode Island Historical Society Providence, RI | $30,696,643 | $3,629,513 |
Galvan Initiatives Foundation New York, NY | $45,061,487 | $6,375,160 |
Concord Antiquarian Society Concord, MA | $23,141,155 | $2,972,281 |