Form 990 for tax year 2022
Filed by SOCIETY FOR THE PRESERVATION OF NEW ENGLAND ANTIQUITIES INC.
Totals
- Total revenue
- $22,168,585
- Total expenses
- $14,794,725
- Contributions and grants received
- $11,662,344
- Grants paid
- $156,338
- Program service revenue
- $704,626
- Investment income
- $9,506,847
- Other revenue
- $294,768
- Total assets, end of year
- $148,075,165
- Total liabilities, end of year
- $3,598,357
- Net assets or fund balances, end of year
- $144,476,808
- Program services expenses (Part IX)
- $11,705,020
- Management and general expenses
- $2,125,141
- Fundraising expenses
- $964,564
- Program service expenses (Part III)
- $11,705,020
Program services were 79.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$476,137
-
1c · Fundraising events
$786,000
-
1e · Government grants (contributions)
$1,604,082
-
1f · All other contributions, gifts and grants
$8,796,125
-
1g · Noncash contributions included above
$60,007
-
2a · Program service revenue: ADMISSIONS
total $704,626 · related or exempt $704,626
-
3 · Investment income
total $1,735,112 · excluded $1,735,112
-
5 · Royalties
total $14,187 · excluded $14,187
-
6a · Gross rents
real property $724,530 · personal property $533,316
-
6b · Less rental expenses
real property $152,291 · personal property $535,009
-
6c · Rental income or loss
real property $572,239 · personal property -$1,693
-
6d · Net rental income or loss
total $570,546 · related or exempt $416,247 · unrelated business $154,299
-
7a · Gross sales of assets other than inventory
securities $29,109,098 · other assets $7,150,000
-
7b · Less cost or other basis and sales expenses
securities $27,944,145 · other assets $543,218
-
7c · Gain or loss
securities $1,164,953 · other assets $6,606,782
-
7d · Net gain or loss
total $7,771,735 · excluded $7,771,735
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$786,000
-
8b · Fundraising events: direct expenses
$167,153
-
8c · Net income from fundraising events
total -$167,153 · excluded -$167,153
-
10a · Gross sales of inventory
$284,592
-
10b · Cost of goods sold
$514,363
-
10c · Net income from sales of inventory
total -$229,771 · related or exempt $41,175 · unrelated business -$270,946
-
11a · Other revenue: MISCELLANEOUS INCOME
total $106,959 · related or exempt $106,959
-
11e · Other revenue, total
$106,959
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $156,338 · program services $156,338
-
5 · Compensation of officers, directors and key employees
total $919,736 · program services $227,119 · management and general $390,121 · fundraising $302,496
-
7 · Other salaries and wages
total $5,811,991 · program services $4,728,702 · management and general $690,605 · fundraising $392,684
-
8 · Pension plan contributions
total $221,476 · program services $127,838 · management and general $67,094 · fundraising $26,544
-
9 · Other employee benefits
total $728,759 · program services $501,374 · management and general $145,480 · fundraising $81,905
-
10 · Payroll taxes
total $466,922 · program services $353,375 · management and general $66,646 · fundraising $46,901
-
11b · Fees: legal
total $79,027 · program services $68,863 · management and general $10,164
-
11c · Fees: accounting
total $57,993 · management and general $57,993
-
11d · Fees: lobbying
total $10,000 · program services $10,000
-
11f · Fees: investment management
total $411,020 · program services $328,816 · management and general $82,204
-
11g · Fees: other
total $59,040 · management and general $59,040
-
12 · Advertising and promotion
total $268,746 · program services $91,644 · management and general $177,102
-
13 · Office expenses
total $489,404 · program services $337,673 · management and general $137,248 · fundraising $14,483
-
14 · Information technology
total $415,498 · program services $366,322 · management and general $42,113 · fundraising $7,063
-
16 · Occupancy
total $673,250 · program services $636,709 · management and general $36,541
-
17 · Travel
total $228,696 · program services $181,567 · management and general $32,109 · fundraising $15,020
-
19 · Conferences, conventions and meetings
total $14,278 · program services $7,198 · management and general $6,610 · fundraising $470
-
20 · Interest
total $43,992 · program services $43,992
-
22 · Depreciation, depletion and amortization
total $628,023 · program services $558,218 · management and general $64,378 · fundraising $5,427
-
23 · Insurance
total $233,286 · program services $216,245 · management and general $17,041
-
24a · Other expenses: FACILITY IMPROVEMENTS &
total $1,043,752 · program services $1,037,596 · management and general $6,156
-
24b · Other expenses: GROUNDS IMPROVEMENT & M
total $956,116 · program services $956,116
-
24c · Other expenses: PROGRAM AND EVENT EXPEN
total $731,476 · program services $718,994 · management and general $812 · fundraising $11,670
-
24d · Other expenses: COLLECTIONS & EXHIBITIO
total $423,881 · program services $423,881
-
24e · All other expenses
total -$277,975 · program services -$373,560 · management and general $35,684 · fundraising $59,901
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $2,207,985 · end of year $2,101,251
-
3 · Pledges and grants receivable
beginning of year $1,466,551 · end of year $2,667,335
-
4 · Accounts receivable
beginning of year $2,946 · end of year $11,873
-
8 · Inventories for sale or use
beginning of year $187,829 · end of year $181,221
-
9 · Prepaid expenses and deferred charges
beginning of year $215,306 · end of year $514,669
-
10a · Land, buildings and equipment: cost or other basis
$15,330,216
-
10b · Land, buildings and equipment: accumulated depreciation
$7,927,088
-
10c · Land, buildings and equipment, net
beginning of year $7,802,547 · end of year $7,403,128
-
11 · Investments: publicly traded securities
beginning of year $124,663,200 · end of year $124,916,360
-
12 · Investments: other securities
beginning of year $11,411,614 · end of year $10,056,861
-
15 · Other assets
beginning of year $1,060,369 · end of year $222,467
-
17 · Accounts payable and accrued expenses
beginning of year $2,892,011 · end of year $2,036,332
-
20 · Tax-exempt bond liabilities
beginning of year $1,347,514 · end of year $1,124,130
-
25 · Other liabilities
beginning of year $507,686 · end of year $437,895
-
27 · Net assets without donor restrictions
beginning of year $27,485,536 · end of year $29,135,928
-
28 · Net assets with donor restrictions
beginning of year $116,785,600 · end of year $115,340,880
Mission and programs · 2022
Mission
WE SAVE AND SHARE NEW ENGLAND'S PAST TO ENGAGE AND INFORM PRESENT AND FUTURE GENERATIONS.
-
MUSEUMS - HISTORIC NEW ENGLAND WELCOMED 167,657 TO OUR THIRTY-EIGHT MUSEUMS AND LANDSCAPES. THE ORGANIZATION OPERATES A MAJOR COLLECTIONS AND ARCHIVES CENTER IN HAVERHILL, MASSACHUSETTS, AND HAS THE WORLD'S LARGEST COLLECTION OF NEW ENGLAND ARTIFACTS, COMPRISING MORE THAN 125,000 DECORATIVE ARTS AND OBJECTS, AND 1.5 MILLION ARCHIVAL DOCUMENTS. ENGAGING EDUCATION PROGRAMS FOR YOUTH, ADULTS, AND PRESERVATION PROFESSIONALS, AND AWARD-WINNING EXHIBITIONS AND PUBLICATIONS ARE OFFERED IN PERSON AND VIRTUALLY.
Expenses $9,032,525 · Grants $156,338 · Revenue $1,179,007
-
CONSERVATION AND PRESERVATION- HISTORIC NEW ENGLAND PROVIDES PROPERTY CARE AND MANAGEMENT SERVICES FOR ALL OF THE ORGANIZATIONS HISTORIC PROPERTIES AND LANDSCAPES.
Expenses $2,287,192
-
EASEMENT PRESERVATION- THE HISTORIC NEW ENGLAND PRESERVATION EASEMENT PROGRAM PROTECTS 120 PRIVATELY OWNED HISTORIC PROPERTIES THROUGHOUT THE REGION.
Expenses $385,303 · Revenue $90,000
As filed on the 2022 return.
Listed in Part VII
-
Vin CipollaVIN CIPOLLA
PRESIDENT/CEO
- Total calculated
- $476,317
- From this org
- $395,887
- From related orgs
- $0
- Other
- $80,430
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $395,887
- Bonus
- $0
- Other
- $0
- Deferred
- $68,969
- Nontaxable benefits
- $11,461
- Filer's total
- $476,317
-
George F Fiske JrGEORGE F FISKE JR
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
David L FeigenbaumDAVID L FEIGENBAUM
FIRST VICE-CHAIR & CLERK
- Total calculated
- $0
- Hours/week
- 2
-
Gregory D LombardiGREGORY D LOMBARDI
SECOND VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Deborah L AllinsonDEBORAH L ALLINSON
CHAIR OF THE BOARD
- Total calculated
- $0
- Hours/week
- 2
-
Randy J ParkerRANDY J PARKER
THIRD VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Jacob D AlbertJACOB D ALBERT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Richard C Albright JrRICHARD C ALBRIGHT JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Edwards F GerberEDWARDS F GERBER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Eric P HayesERIC P HAYES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
James F Hunnewell JrJAMES F HUNNEWELL JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Lydia F KimballLYDIA F KIMBALL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
David A MartlandDAVID A MARTLAND
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Sandra Ourusoff MasseySANDRA OURUSOFF MASSEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Julie A PorterJULIE A PORTER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Kristin L ServisonKRISTIN L SERVISON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Angie SimondsANGIE SIMONDS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Ruth Kennedy SudduthRUTH KENNEDY SUDDUTH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Geneva S ThorndikeGENEVA S THORNDIKE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Nancy B TookeNANCY B TOOKE
ASSISTANT TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Vera TrojanVERA TROJAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Alan W WongALAN W WONG
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Wendy E GusWENDY E GUS
DIRECTOR OF FINANCE
- Total calculated
- $151,031
- From this org
- $133,531
- From related orgs
- $0
- Other
- $17,500
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $133,531
- Bonus
- $0
- Other
- $0
- Deferred
- $5,600
- Nontaxable benefits
- $11,900
- Filer's total
- $151,031
-
Diane L VieraDIANE L VIERA
EXECUTIVE VP & COO
- Total calculated
- $219,731
- From this org
- $196,469
- From related orgs
- $0
- Other
- $23,262
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $196,469
- Bonus
- $0
- Other
- $0
- Deferred
- $9,868
- Nontaxable benefits
- $13,394
- Filer's total
- $219,731
-
Jennifer KentJENNIFER KENT
VP FOR ADVANCEMENT
- Total calculated
- $210,584
- From this org
- $193,848
- From related orgs
- $0
- Other
- $16,736
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $193,848
- Bonus
- $0
- Other
- $0
- Deferred
- $9,838
- Nontaxable benefits
- $6,898
- Filer's total
- $210,584
-
David DwigginsDAVID DWIGGINS
IT OFFICER
- Total calculated
- $141,683
- From this org
- $136,333
- From related orgs
- $0
- Other
- $5,350
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 4B
- THE ORGANIZATION HAS IRS CODES 457(B) AND 457(F)DEFERRED COMPENSATION PLANS PROVIDING BENEFITS TO THE PRESIDENT/CEO COMMENCING UPON RETIREMENT. THE ACCRUED DEFERRED COMPENSATION FOR THE CURRENT YEAR WAS $42,728 AND $33,672 RESPECTIVELY.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$156,338
HISTORIC BUILDING PRESERVATION/EDUCATIONAL TOURS
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · HISTORIC BUILDING PRESERVATION/EDUCATIONAL TOURS · CT · controlled entity
Directly controlled by SOCIETY FOR THE PRESERVATION OF NEW ENGLAND ANTIQUITIES
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 13 February 2024
- IRS schema version
- 2022v5.0
- Source object
- 202410449349300331
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