2024-08-07T14:40:18-04:00 2023-09-30 042666565 John M Monticone CPA 5 High Street Suite 207 Medford MA 02155 990 2022-10-01 042299931 THE GIBSON SOCIETY INC GIBS 137 BEACON STREET Boston MA 02116 SAMUEL H DUNCAN TREASURER 6172676338 2024-06-15 true John M Monticone CPA P01257043 7813950024 2024-08-07 X 2022 2024-08-08 14:25:15Z THE GIBSON HOUSE MUSEUM SAMUEL H DUNCAN 230792 false X www.thegibsonhouse.org X 1936 MA The mission of The Gibson House Museum is to serve as the primary resource for understanding and interpreting life in Bostons Back Bay. The museum accomplishes this by preserving the row house and its collections; exhibiting and interpreting the house... (continued Schedule O) 18 18 18 30 0 0 107538 126933 23097 31074 51571 20538 19669 32151 201875 210696 0 0 69720 77627 0 7257 74054 82906 143774 160533 58101 50163 1120303 1205910 0 1120303 1205910 X The mission of The Gibson House Museum is to serve as the primary resource for understanding and interpreting life in Bostons Back Bay. The museum accomplishes this by preserving the row house and its collections; exhibiting and interpreting the house... (continued Schedule O) false false 120360 31074 Preservation and restoration of the interior and exterior of the Gibson House as well as educating the public on victorian urban life through guide tours. 120360 true true false false false false false true false true true true false false false true false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 0 0 true 18 true false false false false false true true false false false false false false false false X 18 18 false false false false true false false true true false false true true true true true true true false false MA X X THE ORGANIZATION 6172676338 137 BEACON STREET Boston MA 02116 X LORIE K KOMLYN DIRECTOR 0.50 0.00 X 0 0 0 SHARON KONG-PERRING DIRECTOR 0.50 0.00 X 0 0 0 DEBBIE HSU DIRECTOR 0.50 0.00 X 0 0 0 CARTER C JACKSON DIRECTOR 0.50 0.00 X 0 0 0 SUSANNAH LEE DIRECTOR 0.50 0.00 X 0 0 0 KERRY MILES DIRECTOR 0.50 0.00 X 0 0 0 KATHERINE B WINTER DIRECTOR 0.50 0.00 X 0 0 0 JOHN MANGAN DIRECTOR 0.50 0.00 X 0 0 0 CLAYTON McCLESKEY DIRECTOR 0.50 0.00 X 0 0 0 JANET DRACKSDORF DIRECTOR 0.50 0.00 X 0 0 0 JACQUELINE BLOMBACH DIRECTOR 0.50 0.00 X 0 0 0 FRANCES DUFFLY DIRECTOR 0.50 0.00 X 0 0 0 DAVID R HOCKER DIRECTOR 0.50 0.00 X 0 0 0 TODD S GERNES DIRECTOR 0.50 0.00 X 0 0 0 LAUREN THOMAS VICE PRESIDENT 1.00 0.00 X X 0 0 0 RUTH ANN KUPFER PRESIDENT 1.00 0.00 X X 0 0 0 SAMUEL H DUNCAN TREASURER 4.00 0.00 X X 0 0 0 SUSAN ASHBROOK SECRETARY 0.50 0.00 X X 0 0 0 0 0 0 0 false false false 3784 10223 20850 92076 126933 AdmissionsTours 900099 31074 31074 31074 20538 20538 7314 6612 702 702 702 44723 10223 13434 31289 31289 50 50 Miscellaneous 900099 160 160 160 210696 31936 0 51827 71734 54917 10090 6727 5893 4538 825 530 10375 10375 5781 3527 2254 199 199 31576 22805 8771 7507 7132 375 Program Expenses 12739 12739 Repairs and Maintenance 7054 7054 Utilities 2257 2031 226 Supplies 3318 3318 2100 2100 160533 120360 32916 7257 5942 19843 838997 328086 545996 510911 568365 675156 1120303 1205910 0 0 X 1051103 996446 69200 209464 1120303 1205910 1120303 1205910 50163 35444 0 X true X false false X 39225 42529 166290 103622 126933 478599 39225 42529 166290 103622 126933 478599 36994 441605 14380 12421 83527 51570 20538 182436 24706 7527 6117 605 160 39115 700150 0.63070 0.62790 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X false 61373 25000 7422 93795 12812 50144 1583 61373 12812 12812 1.00000 false false 814693 303782 510911 24304 24304 510911 Other Marketable Securities 675156 F 675156 X Collections descriptions (Part III, line 4) Preservation of the Gibson House and its artifacts as well as educating the public on victorian urban life. Endowment funds intended uses (Part V, line 4) Curator Endowment: It is funded by donations specifically raised to secure the long-term compensation of the curator. This endowment ensures the continuity and stability of the curator role, underscoring the museums commitment to curatorial excellence. Footnote for uncertain tax position under FIN 48 (Part X) The Organization has evaluated the tax positions taken on returns for open years and those expected to be taken on returns for the year ended September 30, 2023. It is Managements belief that such tax positions are more likely than not to be sustained upon examination by tax authorities. Accordingly, no liability for uncertain tax positions is reflected in these financial statements. Returns for tax years beginning with those filed for the year ended September 30, 2021 are open to examination. Benefit Tea 35780 35780 13170 Raffle 8943 8943 1 10223 10223 264 54946 10223 44723 13434 13434 31289 Members or stockholder classes and rights Part VI line 6 The Organization is governed by the Board of Directors. Form 990 governing body review Part VI line 11 The annual form 990 is prepared by the independent certified public accountant, reviewed by the Finance Committee and signed by the President. Conflict of interest policy compliance Part VI line 12c The organization has established a policy that requires each new key employee, officer or director to review a copy of the Policy on Conflicts of Interest and Disclosure of Certain Interests and to acknowledge in writing that he or she has done so. Additionally, each key employee, officer or director, annually complete a disclusure form identifying any relationships, positions or cirsumstances in which the employee is involved that he or she believes could contribute to a conflict of interest arising. CEO executive director top management comp Part VI line 15a The salary of the Museum Administrator, who fulfills many duties akin to those of an Executive Director, is reviewed and approved by the Board of Directors during the annual budget process. Governing documents etc available to public Part VI line 19 The Organization makes its governing documents and conflict of interest policy available to the public upon request. Part III response or note to any other line in Part III (continued from Form 990, page 2, Part III, Line 1)...in its urban context to provide education and enjoyment to the broadest possible audience; promoting knowledge of Back Bay history and material culture. The late filing was due to an unfortunate and unforeseen circumstance that severely impacted our organization ability to comply with the filing deadline Specifically our organization president Ruth A Kupfer who was integral to our operations and compliance processes passed away unexpectedly on January 2024 while in the process of securing a new Certified Public Accountant to prepare and file our Form 990 Additionally this particular filing was very peculiar because for the first time our organization exceeded the $200K revenue threshold established by the Massachusetts Attorney General Office This new milestone required us to submit Reviewed Financial Statements prepared by an independent CPA in accordance with generally accepted accounting principles adding further complexity to the process Ruth Kupfer was not only the president of our organization but also the person who had been coordinating the financial and administrative functions as acting Executive Director Her sudden death left a significant void in our operations causing an unavoidable delay in our ability to meet the filing deadline The organization was deeply reliant on Ms Kupfer and her unexpected passing disrupted our transition to a new CPA further complicating our efforts to file the required documents on time Despite our best efforts to manage this tragic situation we were unable to secure and transition to a new CPA in time to meet the deadline The board of directors and remaining staff were focused on addressing immediate organizational needs and ensuring continuity of our programs which serve the community critical needs We have since engaged a new CPA and have filed the required Form 990 We are committed to ensuring timely filings in the future and have implemented additional checks and balances to avoid any such delays going forward Given these exceptional circumstances we respectfully request that the penalties for the late filing of our Form 990 be abated for a reasonable cause The organization has file timely tax returns for the last three years We believe that reasonable cause exists for the delay as described under IRS guidelines due to the sudden and unexpected death of our president which was beyond our control We appreciate your consideration of this request and look forward to your favorable response