2025-01-15T13:45:47-06:00 2024-02-29 221478099 COHNREZNICK LLP 350 GRANITE STREET SUITE 1200 BRAINTREE MA 02184 990 2023-03-01 050503407 BLITHEWOLD INC BLIT 4012532707 101 FERRY ROAD BRISTOL RI 02809 KAREN BINDER EXECUTIVE DIRECTOR 4012532707 2025-01-15 1 1 JOLANTA TUCK CPA P01340068 7813803520 2025-01-15 2023 2024-10-15 13:58:12Z KAREN BINDER 101 FERRY ROAD BRISTOL RI 02809 6087775 0 X WWW.BLITHEWOLD.ORG X 1999 RI TO PRESERVE AND SHARE THE HORTICULTURE, HISTORY AND BEAUTY OF BLITHEWOLD AS AN AUTHENTIC 'COUNTRY PLACE ERA' WATERFRONT ESTATE WITH THE FOUNDING FAMILY'S DISTINCTIVE ARBORETUM, GARDENS, MANSION AND COLLECTIONS. 22 22 77 47 0 0 621557 483747 729032 759127 274749 1188879 752759 686325 2378097 3118078 0 0 0 0 1193245 1104587 0 0 171532 932617 1154953 2125862 2259540 252235 858538 13108184 14208009 647243 631193 12460941 13576816 TO PRESERVE AND SHARE THE HORTICULTURE, HISTORY AND BEAUTY OF BLITHEWOLD AS AN AUTHENTIC 'COUNTRY PLACE ERA' WATERFRONT ESTATE WITH THE FOUNDING FAMILY'S DISTINCTIVE ARBORETUM, GARDENS, MANSION AND COLLECTIONS. 0 0 850718 PRESERVATION - TO PRESERVE AND MAINTAIN THE HISTORICAL MANSION AND OUTBUILDINGS, ARBORETUM AND GROUNDS. PROPERTIES ARE OPEN TO THE GENERAL PUBLIC, AND A BALANCE IS MAINTAINED BETWEEN THE SITE USE AND PRESERVATION EFFORTS. MEMBER & VISITOR SERVICES DEPARTMENT OFFERS TOURS AND SPONSORS EVENTS FOR THE ENJOYMENT OF ITS MEMBERS AND VISITORS IN AN EFFORT TO FURTHER AN UNDERSTANDING OF THE ESTATE'S CULTURAL AND HISTORIC HERITAGE, AND BUILD A GREATER AWARENESS AND APPRECIATION FOR THE ART AND SCIENCE OF HORTICULTURE. 774934 620949 MEMBER & VISITOR SERVICES-OFFER TOURS AND SPONSOR EVENTS FOR THE ENJOYMENT OF MEMBERS AND GENERAL PUBLIC IN ORDER TO FURTHER AN UNDERSTANDING OF THE ESTATE'S CULTURAL AND HISTORICAL HERITAGE. CULTIVATE MEMBERSHIPS FOR BLITHEWOLD. BLITHEWOLD MANSION, GARDENS & ARBORETUM HAS 1,400 MEMBERS, 35,000 VISITORS (ESTIMATED) ANNUALLY. THE PROPERTY IS OPEN TO THE PUBLIC 365 DAYS A YEAR AND THE MANSION IS OPEN 120 DAYS A YEAR. 63232 138178 EDUCATION PROGRAMS - VARIOUS EDUCATIONAL CLASSES ARE OFFERED TO MEMBERS AND THE GENERAL PUBLIC YEAR ROUND. TOPICS ARE BASED ON THE SCIENCE OF HORTICULTURE, GARDEN MAINTENANCE, LANDSCAPE AND GARDEN DESIGN PRINCIPLES, AND ENVIRONMENTAL SCIENCE. 1688884 1 1 0 0 0 0 0 1 1 1 1 0 0 1 0 1 1 0 0 0 0 0 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 1 36 0 1 77 1 0 0 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X KAREN BINDER EXECUTIVE DIRECTOR 4012532707 101 FERRY ROAD BRISTOL RI 02809 JEFF HIRSH CHAIRMAN 2.00 X X 0 0 0 GARY FURTADO VICE-CHAIR AND TREASURER 2.00 X X 0 0 0 KATE LENTZ SECRETARY 2.00 X X 0 0 0 MELISSA BENNER DIRECTOR 2.00 X 0 0 0 ELLEN BRUZELIUS DIRECTOR 2.00 X 0 0 0 HERB CUMMINGS DIRECTOR 2.00 X 0 0 0 SERAPHIN DAPONTE DIRECTOR 2.00 X 0 0 0 LAURIE DUBEL DIRECTOR 2.00 X 0 0 0 CAROL FEINSTEIN DIRECTOR 2.00 X 0 0 0 RICHARD GLENN DIRECTOR 2.00 X 0 0 0 RIA NAGTEGAAL DIRECTOR 2.00 X 0 0 0 JOANNE PATTERSON DIRECTOR 2.00 X 0 0 0 TRISH PETERSON DIRECTOR 2.00 X 0 0 0 JOE PERRONI DIRECTOR 2.00 X 0 0 0 LISA RAIOLA DIRECTOR 2.00 X 0 0 0 LISA SIENKEWICZ DIRECTOR 2.00 X 0 0 0 KIM SUTTON DIRECTOR 2.00 X 0 0 0 ANNE SZOSTAK DIRECTOR 2.00 X 0 0 0 PAMELA THOMPSON DIRECTOR 2.00 X 0 0 0 JOHN TSCHIRCH DIRECTOR 2.00 X 0 0 0 SOPHATH TOUN DIRECTOR 2.00 X 0 0 0 LAURA WILLSON DIRECTOR 2.00 X 0 0 0 KAREN BINDER EXECUTIVE DIRECTOR 40.00 X 156959 0 17862 156959 0 17862 1 0 1 0 0 194080 289667 483747 ADMISSIONS AND PROGRAM ACTIVITIES 900099 620949 620949 OTHER EVENTS 900099 138178 138178 759127 272614 272614 962276 364616 597660 597660 597660 3420063 2503798 916265 916265 916265 189948 101283 88665 88665 3118078 759127 0 1875204 167141 18641 49495 99005 750087 674638 64179 11270 27294 22179 2617 2498 90615 86705 3910 69450 53791 8152 7507 287 287 25650 25650 35126 35126 11403 11403 67829 67829 115014 3973 75185 35856 5160 5160 151666 100605 51061 22972 22972 137708 129808 7900 REPAIRS, MAINTENANCE & 379458 379458 SUPPLIES AND PROGRAM CO 187284 151257 36027 15396 15396 2259540 1688884 399124 171532 14774 7335 481627 357830 37520 2520 24162 306 52309 61726 69277 101035 4863165 1798446 3220111 3064719 8192015 9488126 1016389 1124412 13108184 14208009 41827 56050 570543 4600 605416 0 647243 631193 X 8925477 10045006 3535464 3531810 12460941 13576816 13108184 14208009 X 858538 149314 108023 X 0 1 X 0 0 X 669379 477065 887002 621557 483747 3138750 669379 477065 887002 621557 483747 3138750 3138750 1220514 387354 946798 1162778 1234890 4952334 747 90 837 8091921 3448722 0.38790 0.39840 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2021 AMOUNT: $ 747. 2022 AMOUNT: $ 90. 2023 AMOUNT: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 0 1 X 8191959 3020484 1723533 3420063 27843 9488070 8412758 2094830 -492088 1793501 30040 8191959 7268416 1516578 527512 871859 27889 8412758 6865601 2664149 878152 3117848 21638 7268416 6522229 65265 454452 150000 26345 6865601 0 0 62000 62000 4267480 1321334 2946146 533685 477112 56573 3064719 BENEFICIAL INTEREST IN REMAINDER TRUST 1124412 1124412 X 3762656 149314 22625 472639 644578 3118078 0 3118078 2748064 22625 465899 488524 2259540 0 2259540 PART III, LINE 1A: COLLECTION ITEMS CONSIST OF ARTIFACTS OF HISTORICAL SIGNIFICANCE AND ART OBJECTS THAT ARE HELD FOR EDUCATIONAL, RESEARCH, AND CURATORIAL PURPOSES. EACH OF THE ITEMS IS CATALOGED, PRESERVED, AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. COLLECTION ITEMS ACQUIRED EITHER THROUGH PURCHASE OR DONATION ARE NOT CAPITALIZED. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IF PURCHASED WITH UNRESTRICTED ASSETS AND AS DECREASES IN TEMPORARILY RESTRICTED OR PERMANENTLY RESTRICTED NET ASSETS IF PURCHASED WITH DONOR-RESTRICTED ASSETS. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENT OF ACTIVITIES. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED ON THE STATEMENT OF ACTIVITIES BASED ON THE ABSENCE OR EXISTENCE AND NATURE OF DONOR-IMPOSED RESTRICTIONS. COLLECTION ITEMS ARE PROTECTED, KEPT UNENCUMBERED, CARED FOR, AND PRESERVED. IF COLLECTION ITEMS ARE SOLD, THE PROCEEDS FROM THE SALE ARE USED SOLELY FOR THE ADVANCEMENT OF BLITHEWOLD'S COLLECTIONS CARE. PART III, LINE 4: COLLECTION ITEMS CONSIST OF ARTIFACTS OF HISTORICAL SIGNIFICANCE, SUCH AS LETTERS, JOURNALS, DIARIES AND PHOTOGRAPHS, AS WELL AS OBJECTS OF ART AND DECORATIVE ARTS, UTILITARIAN AND HOUSEHOLD ITEMS, PERSONAL POSSESSIONS, COSTUMES AND ACCESSORIES. COLLECTIONS ARE PRESERVED AND DISPLAYED IN AN AUTHENTIC SETTING THROUGH CONTROLLED PUBLIC ACCESS, PUBLICATIONS AND EDUCATIONAL PROGRAMS. THE COLLECTIONS SUPPORT THE INTEGRITY OF BLITHEWOLD, INC., WHICH EXTENDS TO ALL ASPECTS OF THE PROPERTY, FROM FURNISHINGS AND ARTIFACTS TO HORTICULTURE. PART IV, LINE 2B: THE ESCROW LIABILITY AMOUNTS ON FORM 990, PART X, LINE 21 CONSIST OF TENANT SECURITY DEPOSITS. PART V, LINE 4: THE INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUNDS IS TO FUND OPERATIONS AND EMERGENCY CAPITAL NEEDS WHEN REQUIRED. PART X, LINE 2: MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT, AS OF FEBRUARY 29, 2024 AND FEBRUARY 28, 2023, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVIEW SERVICE, FISCAL YEARS SINCE 2021 REMAIN OPEN. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE BENEFICIAL INTEREST IN TRUST 108,023. RENTAL EXPENSES 364,616. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD PRESENTED AS EXPENSE PER FINANCIAL STATEMENTS 101,283. RENTAL EXPENSES 364,616. X 0 0 0 0 0 0 0 0 0 KAREN BINDER EXECUTIVE DIRECTOR 156959 0 0 0 0 0 9562 0 8300 0 174821 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE BLITHEWOLD INC. GOVERNING BODY OR BOARD OF DIRECTORS RECEIVES AN ELECTRONIC COPY OF THE ORGANIZATION'S FORM 990 FOR REVIEW AND APPROVAL BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C ANY POTENTIAL CONFLICT IS BROUGHT TO THE ATTENTION OF THE BOARD OF DIRECTORS BY THE EXECUTIVE DIRECTOR AND IT IS DISCUSSED AT LENGTH AND RESOLVED / APPROVED, ACCORDINGLY. FORM 990, PART VI, SECTION B, LINE 15 THE SALARY OF THE EXECUTIVE DIRECTOR IS DISCUSSED BETWEEN THE TREASURER AND THE CHAIRMAN OF THE BOARD AND THEN APPROVED BY THE FINANCE COMMITTEE. SUBSEQUENTLY, THE COMPENSATION IS INCLUDED IN THE ORGANIZATION'S BUDGET AND THE ENTIRE BOARD OF DIRECTORS APPROVES THE BUDGET, ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 BLITHEWOLD, INC.'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON RECEIPT OF A WRITTEN REQUEST. FORM 990, PART XI, LINE 9: NET CHANGE IN BENEFICIAL INTEREST IN TRUST 108,023.