Skip to main content

Nonprofit · EIN 04-2203829

LONGYEAR FOUNDATION

Tax-exempt · CHESTNUT HILL, MA 02467

Financials

$8.6M$5.3M2023$5.1M$5.9M2024$9.5M$6.2M2025
Revenue Expenses · by fiscal year end
Financials of LONGYEAR FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$9,522,584$6,174,089$3,348,495$89,932,718$714,005$89,218,713
December 31, 2024990$5,141,276$5,880,429-$739,153$85,724,733$639,482$85,085,251
December 31, 2023990$8,558,090$5,306,676$3,251,414$86,823,475$1,672,730$85,150,745
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$8,331,471
Membership dues
$61,535
Program service revenue
$171,484
Investment income
$992,267
Net gain from sales of assets
$555,894
Net income from sales of inventory
$27,287
Other revenue
$27,362

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$437,305
Other salaries and wages
$2,269,409
Salaries, compensation and benefits (total)
$3,039,527
Professional fundraising fees
$0
Legal fees
$12,556
Accounting fees
$56,000
Occupancy
$949,386
Travel
$77,367
Depreciation
$1,440,387
Program services (functional)
$5,060,219
Management and general (functional)
$656,287
Fundraising (functional)
$457,583

Balance sheet and other

Total assets, start of year
$85,724,733
Total assets, end of year
$89,932,718
Total liabilities, end of year
$714,005
Net assets, end of year
$89,218,713
Land, buildings and equipment
$49,810,898
Net assets without donor restrictions
$66,788,437
Net assets with donor restrictions
$22,430,276
Gross receipts
$13,621,148
Employees
46
Volunteers
8
Year formed
1933
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ERIK L OLSENCHIEF OPERATING OFFICER
Officer
40$142,412$7,335
SANDRA J HOUSTONPRES. & EXECUTIVE DIRECTOR
Officer
42$132,970$11,956
ALICE M HUMMERSEC. & DIR. OF COMMUNICATIONS
Officer
37$114,673$11,105
RICHARD C GRIERTRUSTEE/CHAIRMAN
Trustee or director, Officer
10$0$0
JAMES HERTLEINTRUSTEE/VICE CHAIRMAN
Trustee or director, Officer
5$0$0
HONORABLE JAMES S ROSEBUSHTRUSTEE/TREASURER
Trustee or director, Officer
10$0$0
FRANCESCA KARPELTRUSTEE
Trustee or director
5$0$0
DEBORAH THOMPSON MCNEILTRUSTEE
Trustee or director
5$0$0
HENDERSON DALE MILLERTRUSTEE (UNTIL 1/25)
Trustee or director
5$0$0
990 for the year ended December 31, 2024: 10 people
NameTitleHours / weekCompensationOther / benefits
SANDRA J HOUSTONPRES. & EXECUTIVE DIRECTOR
Officer
41$172,482$13,288
ALICE M HUMMERSEC. & DIR. OF COMMUNICATIONS
Officer
38$110,458$10,891
DEBORAH WOLDDIRECTOR OF COLLECTIONS
Highest-paid employee
46$103,287$5,666
ERIK OLSENCHIEF OPERATING OFFICER
Officer
39$85,009$4,587
RICHARD C GRIERTRUSTEE/CHAIRMAN
Trustee or director, Officer
10$0$0
JAMES HERTLEINTRUSTEE/VICE CHAIRMAN
Trustee or director, Officer
5$0$0
HONORABLE JAMES S ROSEBUSHTRUSTEE/TREASURER
Trustee or director, Officer
10$0$0
FRANCESCA KARPELTRUSTEE
Trustee or director
5$0$0
DEBORAH THOMPSON MCNEILTRUSTEE
Trustee or director
5$0$0
HENDERSON DALE MILLERTRUSTEE
Trustee or director
5$0$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensationOther / benefits
SANDRA J HOUSTONPRES. & EXECUTIVE DIRECTOR
Officer
42$128,411$11,836
ALICE M HUMMERSECRETARY & DIR. OF COMMUNICATIONS
Officer
40$108,485$10,928
RICHARD C GRIERTRUSTEE/CHAIRMAN
Trustee or director, Officer
10$0$0
JAMES HERTLEINTRUSTEE/VICE CHAIRMAN
Trustee or director, Officer
5$0$0
HONORABLE JAMES S ROSEBUSHTRUSTEE/TREASURER
Trustee or director, Officer
10$0$0
FRANCESCA KARPELTRUSTEE
Trustee or director
5$0$0
DEBORAH THOMPSON MCNEILTRUSTEE
Trustee or director
5$0$0
H REID WAGSTAFFTRUSTEE (UNTIL 9/2023)
Trustee or director
5$0$0

Address and contacts

Address (IRS master file)
1125 BOYLSTON ST, CHESTNUT HILL, MA 02467-1811
Principal officer (990 for 2025)
ERIK L OLSEN, 1125 BOYLSTON STREET, CHESTNUT HILL, MA 02467
Signed the 990
ERIK L OLSEN, CHIEF OPERATING OFFICER
Phone
(617) 278-9000
Return prepared by
AAFCPAS INC

Mission

LONGYEAR FOUNDATION IS AN INDEPENDENT HISTORICAL MUSEUM DEDICATED TO ADVANCING THE UNDERSTANDING OF THE LIFE AND WORK OF MARY BAKER EDDY, THE DISCOVERER, FOUNDER, AND LEADER OF CHRISTIAN SCIENCE.

990 for the year ended December 31, 2025

Program accomplishments

  • THE COLLECTION AND PRESERVATION OF LITERARY WORKS, ARTIFACTS, AND DOCUMENTS OF MARY BAKER EDDY, FOUNDER OF THE FIRST CHURCH OF CHRIST, SCIENTIST.
    Expenses $1,056,562
  • EVENTS, PROGRAMS AND PUBLICATIONS TO EDUCATE THE PUBLIC ABOUT THE LIFE OF MARY BAKER EDDY.
    Expenses $1,420,943 · revenue $198,846
  • THE PRESERVATION, MAINTENANCE AND EXHIBITING OF HISTORIC HOUSES ONCE OWNED AND OCCUPIED BY MARY BAKER EDDY.
    Expenses $2,582,714

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
04-2203829
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1933
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$89,932,718
Income (IRS master file)
$13,621,148

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025–––IRS
990-TDecember 2025–––IRS
990December 2024–––IRS
990-TDecember 2024–––IRS
990December 2023$8,558,090$5,306,676$86,823,475IRS
990-TDecember 2023–––IRS
990December 2022$3,928,875$4,943,510$84,457,018IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about LONGYEAR FOUNDATION

What is the EIN of LONGYEAR FOUNDATION?
The employer identification number (EIN) of LONGYEAR FOUNDATION is 04-2203829.
Is LONGYEAR FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1933.
Are donations to LONGYEAR FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LONGYEAR FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LONGYEAR FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LONGYEAR FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of LONGYEAR FOUNDATION?
The 990 for the year ended December 31, 2025 names ERIK L OLSEN.
Who are the officers and directors of LONGYEAR FOUNDATION?
The 990 for the year ended December 31, 2025 lists 9 people; 3 received compensation from the organization, the highest $142,412 (ERIK L OLSEN, CHIEF OPERATING OFFICER).
How much revenue does LONGYEAR FOUNDATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $9,522,584, expenses of $6,174,089 and total assets of $89,932,718 at year end.

Other nonprofits in CHESTNUT HILL

All nonprofits in CHESTNUT HILL · Massachusetts · Arts, culture and humanities