2024-10-15T10:58:30-05:00 2024-03-31 460799858 BARRETT & SCIBELLI LLC 8 WINCHESTER PLACE 301 WINCHESTER MA 01890 990 2023-04-01 046046749 ROYALL HOUSE ASSOCIATION ROYA 7813969032 15 GEORGE STREET MEDFORD MA 02155 CUTHBERT I THOMAS ASSISTANT TREASURER 7813969032 2024-10-15 1 0 CHRISTOPHER J BARRETT CPA P00634437 7815702273 2024-10-03 2023 2024-10-15 13:58:12Z CUTHBERT I THOMAS 15 GEORGE STREET MEDFORD MA 02155 922323 0 X ROYALLHOUSE.ORG X 1906 MA TO PRESERVE, MAINTAIN AND RESTORE A HISTORICAL SITE FOR PUBLIC USE AND EDUCATION. THE ASSOCIATION EXPLORES THE MEANINGS OF FREEDOM AND INDEPENDENCE BEFORE, DURING AND SINCE THE AMERICAN REVOLUTION, IN CONTEXT OF A HOUSEHOLD OF WEALTHY LOYALISTS AND ENSLAVED AFRICANS. 13 13 8 21 0 0 107432 603231 11000 41317 49360 61330 15884 16299 183676 722177 0 0 0 0 75513 141488 0 0 19702 58550 64898 134063 206386 49613 515791 1070681 1701806 3461 4135 1067220 1697671 TO PRESERVE, MAINTAIN AND RESTORE A HISTORICAL SITE FOR PUBLIC USE AND EDUCATION. THE ASSOCIATION EXPLORES THE MEANINGS OF FREEDOM AND INDEPENDENCE BEFORE, DURING AND SINCE THE AMERICAN REVOLUTION, IN CONTEXT OF A HOUSEHOLD OF WEALTHY LOYALISTS AND ENSLAVED AFRICANS. 0 0 143589 42456 THE ROYALL HOUSE AND SLAVE QUARTERS HAS HAD A STRONG FY24. IN JULY, THE MUSEUM CONDUCTED A SUCCESSFUL COMMUNITY READING OF FREDERICK DOUGLASS' FAMOUS SPEECH, "WHAT TO THE SLAVE IS THE FOURTH OF JULY?" ATTENDED BY A CROWD OF OVER A HUNDRED PEOPLE. TURNOUT FOR PUBLIC TOURS ON THE WEEKENDS WAS STRONG DURING THE SUMMER OF 2023 WITH GROUP SIZES CONSISTENTLY LARGER THAN PAST YEARS. THE MUSEUM IS ALSO SEEING AN INCREASE IN PRIVATE GROUPS FROM COLLEGES, SCHOOLS, AND CHURCHES. SCHOOL GROUPS REACHED A NEW HIGH FOR BOTH INCOME AND ATTENDANCE IN FY24. 143589 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 8 1 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 0 1 0 0 0 1 1 1 0 1 1 1 0 0 MA X CUTHBERT I THOMAS 7813969032 15 GEORGE STREET MEDFORD MA 02155 X PETER GITTLEMAN PRESIDENT & TREASURER 7.00 X X 0 0 0 PENNY OUTLAW VICE PRESIDENT 5.00 X X 0 0 0 CUTHBERT THOMAS ASST. TREASURER 5.00 X X 0 0 0 JENNIFER PUSTZ RECORDING SECRETARY 5.00 X X 0 0 0 GRACELAW SIMMONS COMMUNICATIONS SECRETARY 5.00 X X 0 0 0 MICHAEL BAENEN DIRECTOR 1.00 X 0 0 0 ANNE DONAGHY DIRECTOR 1.00 X 0 0 0 MARGEN KELSEY DIRECTOR 1.00 X 0 0 0 BARBARA BERENSON DIRECTOR 1.00 X 0 0 0 COLLINS WARREN DIRECTOR 1.00 X 0 0 0 AMANDA HADAD DIRECTOR 1.00 X 0 0 0 MARY KATHRYN LEE DIRECTOR 1.00 X 0 0 0 MARY MCNEIL DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 5580 597651 603231 ADMISSION 900099 41317 41317 41317 21552 21552 15160 0 15160 15160 15160 237553 197775 39778 39778 39778 3510 2371 1139 1139 722177 42456 0 76490 131981 106297 7401 18283 9507 7657 431 1419 5000 5000 7947 7947 2818 2818 5712 997 4715 3456 3456 155 155 10046 4196 5850 OUTSIDE SERVICES 9321 1150 8171 REPAIRS & MAINTENANCE 7526 7526 UTILITIES 5176 5176 EQUIPMENT 4870 4870 2871 2109 762 206386 143589 43095 19702 275581 378769 359425 1658 2208 793442 961404 1070681 1701806 3461 4135 3461 4135 X 1067220 1697671 1067220 1697671 1070681 1701806 515791 114660 0 X 1 X 0 0 0 X 66423 226397 273898 107432 597651 1271801 66423 226397 273898 107432 597651 1271801 1271801 12617 12835 13453 16534 21552 76991 4065 2724 1942 8731 1357523 28707 0.93690 0.84220 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 0 X PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE"). THE ASSOCIATION IS NOT CLASSIFIED AS A PRIVATE FOUNDATION AND CONTRIBUTIONS MADE TO THE ASSOCIATION ARE DEDUCTIBLE BY DONORS AS PROVIDED IN SECTION 170 OF THE CODE. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES IN THE UNITED STATES OF AMERICA PRESCRIBE THE THRESHOLD A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. A LIABILITY FOR UNCERTAIN TAX POSITIONS IS RECOGNIZED AND RECORDED AS A COMPONENT OF CURRENT INCOME TAX EXPENSE FOR DIFFERENCES BETWEEN FINANCIAL AND INCOME TAX REPORTING POSITIONS WHICH DO NOT MEET THIS THRESHOLD. ANY INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS ARE RECORDED AS A COMPONENT OF INCOME TAX EXPENSE. THE ASSOCIATION HAS REVIEWED ITS TAX POSITIONS THAT REMAIN SUBJECT TO EXAMINATION BY TAX AUTHORITIES AND HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS AND THUS HAS NOT RECORDED ANY LIABILITY AT MARCH 31, 2024 AND 2023. THE ASSOCIATION'S FEDERAL AND STATE TAX RETURNS ARE SUBJECT TO POSSIBLE EXAMINATION BY TAXING AUTHORITIES UNTIL THE EXPIRATION OF THE RELATED RETURNS STATUTES. IN GENERAL, THE FEDERAL AND STATE TAX RETURNS HAVE A THREE-YEAR STATUTE OF LIMITATION FROM THE DATE THE TAX RETURNS WERE DUE OR FILED, WHICHEVER IS LATER. THE ASSOCIATION IS NO LONGER SUBJECT TO EXAMINATIONS BY TAX AUTHORITIES FOR YEARS PRIOR TO 2021 AND HAS NO OPEN EXAMINATIONS AS OF THE DATE OF THESE FINANCIAL STATEMENTS. PART III, LINE 1A THE ASSOCIATION HOLDS TITLE TO THE ISAAC ROYALL HOUSE ON 15 GEORGE STREET IN MEDFORD MASSACHUSETTS. THE ASSOCIATION'S COLLECTIONS CONSIST OF THE LAND, HOUSE AND SLAVE QUARTERS, FURNISHINGS AND OTHER ACCESSIONS OF THE 18TH CENTURY. THE PROPERTY AND COLLECTIONS ARE HELD AND DISPLAYED FOR EDUCATION AND CULTURAL PURPOSES. THE PROPERTY AND FURNISHINGS, WHICH WERE ACQUIRED, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF PROPERTY AND FURNISHINGS ARE RECORDED AS EXPENSES IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. PART III, LINE 4 THE ASSOCIATION WAS ESTABLISHED IN 1906 TO PRESERVE THE ISAAC ROYALL HOUSE IN MEDFORD, MA AND TO KEEP IT OPEN TO THE GENERAL PUBLIC AS A PLACE OF HISTORICAL INTEREST. THE HOUSE WAS BUILT IN 1732 AND HAS BEEN DESIGNATED A REGISTERED NATIONAL HISTORICAL LANDMARK. THE ASSOCIATION HOLDS TITLE TO THE ISAAC ROYALL HOUSE ON 15 GEORGE STREET IN MEDFORD MASSACHUSETTS. THE PROPERTY, AS WELL AS HISTORICAL ARTIFACTS, ARE NOT REFLECTED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION AS NO VALUE WAS ASSIGNED AT ACQUISTION OR IS CURRENTLY AVAILABLE. FORM 990, PART VI, SECTION A, LINE 6 THE ASSOCIATION HAS MEMBERS WHO PAY MEMBERSHIP DUES ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE ASSOCIATION ELECT OFFICERS AND DIRECTORS. FORM 990, PART VI, SECTION A, LINE 8B CURRENTLY THERE ARE NO APPOINTED COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE TREASURER WHO THEN EMAILS A COPY TO EACH BOARD MEMBER FOR THEIR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR IS THE ONLY OFFICER OR KEY EMPLOYEE WHO IS PAID. THE ASSOCIATION USES INDUSTRY DATA AND THE BOARD REVIEWS AND APPROVES THE SALARY COMPENSATION OF THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.