Overview
What is Paul Revere Memorial Association?
The Paul Revere Memorial Association is a nonprofit organization situated in Boston, Massachusetts, specifically at 19 North Square, 02113. Their primary mission is to preserve and interpret two historical homes, namely the Paul Revere House, built around 1680, and the Hichborn House, dated around 1711. These houses function as museums, exhibiting period artifacts. The association also operates an education and visitor center in a restored 1835 building behind the Paul Revere House. The museum is accessible to the public year-round, offering tours and enriching experiences with living history presentations and family-focused programs during their busy season. This year, approximately 227,500 visitors from various locations, including "up the street" and around the world, visited the site, with an additional 15,000 reached through virtual and in-person outreach programs. The Paul Revere Memorial Association has been accredited by the American Alliance of Museums since 1985 and is committed to sharing the legacy of Paul Revere, his life, and neighborhood by providing a remarkable educational experience.
Official website here: www.paulreverehouse.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating from Charity Navigator.
The Paul Revere Memorial Association has received an 88% rating, indicating strong performance in accountability and finance. The organization boasts a fully independent board, which reflects a commitment to governance. With no reported material diversion of assets and comprehensive policies in place, the association has established a framework that promotes transparency and oversight.
Financially, the organization maintains a healthy balance with a liabilities-to-assets ratio of just 1.42%, signifying stability. However, its program expense ratio is at 63.51%, which suggests that a significant portion of its budget is allocated towards programs, though there is room for improvement in this area. The executive director’s salary is notable compared to other board members, who receive no compensation, which could be a point of discussion among stakeholders.
While the Paul Revere Memorial Association shows a robust commitment to accountability, its overall program spending could be addressed to enhance its impact further. Overall, the organization is well-regarded for its governance practices and financial health, making it a trustworthy option for donors.
This AI summary has been generated from information found on Charity Navigator.
Is Paul Revere Memorial Association legitimate?
Paul Revere Memorial Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Paul Revere Memorial Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $168,328
Professional Fundraising Fees: $0
Other Salaries and Wages: $540,809
For more financial information, click here
Official website here: www.paulreverehouse.org
What is the mission statement of Paul Revere Memorial Association?
The Paul Revere Memorial Association's mission is to preserve and share the legacy of Paul Revere's life, home, and neighborhood. They achieve this by maintaining two of Boston's oldest homes as historical museums, showcasing period artifacts. The association offers an educational experience to both local and international audiences, enhancing their visits with living history presentations and family-focused programs during peak season. Over 227,500 visitors from various locations enjoyed the site this year, with additional 15,000 served through virtual and in-person outreach programs. The Paul Revere Memorial Association has been accredited by the American Alliance of Museums since 1985.
Official website here: www.paulreverehouse.org
Who is the CEO of Paul Revere Memorial Association?
Avery Revere is the President of Paul Revere Memorial Association.
Official website here: www.paulreverehouse.org
What is the revenue of Paul Revere Memorial Association?
Paul Revere Memorial Association's revenue in 2022 was $1,881,083.
Official website here: www.paulreverehouse.org
Who are the executives of Paul Revere Memorial Association and what are their salaries?
The average compensation at Paul Revere Memorial Association during 2022 was $15,759. There are 45 employees and 50 volunteers at Paul Revere Memorial Association.
Here are 19 key members and their salaries:
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Official website here: www.paulreverehouse.org
Where can I find the form 990 for Paul Revere Memorial Association?
Paul Revere Memorial Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.paulreverehouse.org
Learn more at the official website: www.paulreverehouse.org
Mission Statement of Paul Revere Memorial Association
The Paul Revere Memorial Association, a renowned organization, is committed to preserving and sharing the legacy of Paul Revere, a significant historical figure. Their mission is twofold: firstly, they aim to safeguard two of Boston's oldest homes, specifically the Paul Revere House and the Hichborn House, both dating back to the 17th and 18th centuries. Secondly, they strive to offer a remarkable educational experience to a local, national, and international audience. The houses serve as historical museums, showcasing period artifacts. The association also operates an education and visitor center in a restored 1835 building, providing visitors with a comprehensive understanding of Paul Revere's life and times.
The Paul Revere Memorial Association's mission is not limited to preservation and exhibition. They actively engage with the public, offering tours throughout the year. During their busy season, the experience is enhanced with living history presentations and family-focused programs. The association's efforts have been recognized with accreditation by the American Alliance of Museums since 1985. Approximately 227,500 visitors from around the world enjoy the site annually, with an additional 15,000 served through virtual and in-person outreach programs. The Paul Revere Memorial Association's dedication to preservation and education ensures that the legacy of Paul Revere continues to inspire and educate generations to come.
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Impact
July, 2024
The Paul Revere Memorial Association impacts individuals, communities, and the wider public by actively preserving and interpreting two of Boston's oldest homes - the Paul Revere House and the Hichborn House. Through museum exhibitions and educational programs, the association shares the legacy of Paul Revere, his life, home, and neighborhood with a diverse audience, both locally and globally. By providing a unique educational experience and showcasing period artifacts, the association attracts approximately 227,500 visitors annually, with an additional 15,000 served through virtual and in-person outreach programs. This commitment to historical preservation and education contributes to a greater understanding and appreciation of American history and culture.
This information is meant to be a general summary of Paul Revere Memorial Association. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $92,908
- Program Service Revenue: $1,117,020
- Gross Receipts: $3,002,062
Assets and Liabilities:
- Total Assets: $14,059,585
- Total Liabilities: $130,634
- Net Assets: $13,928,951
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSION INCOME
Revenue
$1,092,958
EDUCATIONAL PROGRAMS
Revenue
$24,062
Organization Details
Founding Year
1907
Phone
(617) 523-2338Principal Officer
Avery Revere
Main Address
19 NORTH SQUARE, BOSTON, MA, 02113
Website
www.paulreverehouse.orgNTEE Category
Code: A82Z - Arts
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