2026-01-14T12:13:01-06:00 2025-06-30 201260740 STOLBERG EBBELING & BLANCHETTE LLP 41 ELM STREET WORCESTER MA 016092573 990 2024-07-01 042105858 WORCESTER HISTORICAL MUSEUM WORC 5087538278 30 ELM STREET WORCESTER MA 01609 WILLIAM WALLACE EXECUTIVE DIRECTOR 5087538278 2026-01-14 1 0 GLENN M CREAVEN CPA P01215518 5083633000 2026-01-14 2024 2025-03-06 01:10:19Z WILLIAM WALLACE 30 ELM STREET WORCESTER MA 01609 7566592 0 X WORCESTERHISTORY.ORG X 1977 MA WORCESTER HISTORICAL MUSEUM REBRANDED AS PART OF ITS 150TH ANNIVERSARY ON JANUARY 23, 2025, AS WORCESTER HISTORICAL MUSEUM DBA MUSEUM OF WORCESTER - A UNIQUE ORGANIZATION DEDICATED TO COLLECTING, PRESERVING, AND INTERPRETING WORCESTER'S HISTORY IN ALL TIME PERIODS AND SUBJECT AREAS. 24 24 21 0 0 0 439565 1114185 41713 77669 451933 790829 49725 110607 982936 2093290 0 0 0 0 922470 916746 0 0 338454 1074525 1322293 1996995 2239039 -1014059 -145749 18813404 19693125 164194 371448 18649210 19321677 X WORCESTER HISTORICAL MUSEUM IS A UNIQUE ORGANIZATION DEDICATED TO COLLECTING, PRESERVING, AND INTERPRETING WORCESTER'S HISTORY IN ALL TIME PERIODS AND SUBJECT AREAS. 0 0 276271 52300 EXHIBITS - THE MUSEUM PRESENTED A FULL CALENDAR OF LARGE AND SMALL EXHIBITIONS, INCLUDING: SOMOS WORCESTER- THE LATINO PERSPECTIVE, REPRESENTING WORCESTER: HARRIETTE L. CHANDLER, THE CHIN FAMILY OF WORCESTER, AND THE RE-INSTALLATION/RE-INTERPRETATION OF THE FULLER GALLERY OF INDUSTRIAL HISTORY, WHICH OPENED FOR THE 150TH ANNIVERSARY ON JANUARY 23, 2025. EACH EXHIBIT WAS ACCOMPANIED BY VARIOUS PROGRAMS-DEMONSTRATIONS, LECTURES, DISCUSSIONS, ETC. IN ADDITION, INTENSIVE PREPARATION (RESEARCH, DESIGN, ETC.) WAS UNDERTAKEN FOR THE MAY 2025 EXHIBIT. THE POEM NEXT DOOR IN PARTNERSHIP WITH THE COLLEGE OF THE HOLY CROSS. 121719 5000 COLLECTIONS - THE MUSEUM'S COLLECTION OF MORE THAN 30,200 PHYSICAL OBJECTS EXPANDED DURING THE YEAR TO INCLUDE: WWII MILITARY UNIFORMS, A TWO-CENT PIECE 1864 U.S. COIN, NOTABLE AS THE FIRST TO BEAR THE MOTTO "IN GOD WE TRUST," INTRODUCED DURING THE CIVIL WAR FOR NATIONAL UNITY, AND A WOODBURY COMPANY 100TH ANNIVERSARY PLATE 196470 2382 LIBRARY - THE MUSEUM'S LIBRARY AND ARCHIVE CONTINUED TO GROW IN CONTENT AND EXPAND RELATIVE TO ACCESS TO ALL, WHILE ADDRESSING AN EVER-INCREASING, ALMOST DAILY REQUESTS FOR STUDENT PROJECT ASSISTANCE, INQUIRIES FROM SCHOLARLY RESEARCHERS, AND PHOTOGRAPH AND OTHER ILLUSTRATION SUPPORT FOR LOCAL GOVERNMENTAL PROJECTS, COMMERCIAL ENTERPRISES (RESTAURANT WALLS AND CORPORATE OFFICE, AS EXAMPLES). EIGHTEEN LIBRARY VOLUNTEERS OFFERED 2,088 HOURS OF WORK, 243 EMAIL REQUESTS WERE RECEIVED, 65 IN-PERSON RESEARCH VISITORS CAME TO THE LIBRARY, AND AN ADDITIONAL 152 INQUIRIES WERE RECEIVED VIA TELEPHONE. NEW COLLECTIONS INCLUDE 4 PUBLICATIONS FROM DAVID NADER'S BAT CITY PRESS PUBLISHING COMPANY - ONE BEING CONGRESS ALLEY, MUSTARD SEED AND ANTI-WAR COLLECTIONS OF MICHAEL BOOVER, DAVID LINCOLN'S LETTERS FROM GEN. WILLIAM SEVER LINCOLN AND FAMILY, AND FAMILY GENEALOGY COLLECTIONS, AND VARIOUS ADVERTISEMENTS AND OTHER PUBLICATIONS FROM LOCAL BUSINESSES/INDUSTRIES. 331047 80589 ON-SITE VISITORS TOTALED 15,057 WITH AN ADDITIONAL 3,854 FROM IN-COMMUNITY PROJECTS/PRESENTATIONS. SOCIAL MEDIA AND DIGITAL IMPACTS: 14,729 UNIQUE FACEBOOK FOLLOWERS, 5736 INSTAGRAM FOLLOWERS, 114,867 WEBSITE PAGES VIEWS, AND 22,284 UNIQUE WEBSITE VISITORS. EVERY PUBLIC SCHOOL 5TH GRADER VISITED DURING THE YEAR TO PARTICIPATE IN A TWO-HOUR CULTURE LEAP-FUNDED PROJECT, AS WELL AS VISITS TO EXHIBITS AND THE LIBRARY FROM OTHER PUBLIC SCHOOL AND LOCAL COLLEGE GROUPS. 331047 80589 925507 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 26 0 1 21 1 0 0 0 0 0 1 1 0 0 0 0 X 24 24 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 1 0 0 MA X THE ORGANIZATION 5087538278 30 ELM STREET WORCESTER MA 01609 DIANE GIAMPA PRESIDENT 2.00 X X 0 0 0 MICHAEL BAFARO TRUSTEE 2.00 X X 0 0 0 ROBERT BLUTE III TRUSTEE 2.00 X X 0 0 0 GAIL C FERREIRA PAST PRESIDENT 2.00 X X 0 0 0 THOMAS L FITZPATRICK VICE PRESIDENT 2.00 X X 0 0 0 EDGAR LUNA VICE PRESIDENT 2.00 X X 0 0 0 ROBERT E PAULSEN JR TREASURER 2.00 X X 0 0 0 PATRICIA PETERLEITNER VICE PRESIDENT 2.00 X X 0 0 0 WENDY AMDREWS SECRETARY 2.00 X 0 0 0 CHRISTINA ANDRIANOPOULOS TRUSTEE 2.00 X 0 0 0 MARK BORENSTEIN VICE PRESIDENT 2.00 X 0 0 0 SUSAN BUTLER TRUSTEE 2.00 X 0 0 0 MARITZA CRUZ TRUSTEE 2.00 X 0 0 0 CAROLINE FOLEY TRUSTEE 2.00 X 0 0 0 VIRGINIA GLAZIER TRUSTEE 2.00 X 0 0 0 NEIL ISAKSON TRUSTEE 2.00 X 0 0 0 PATRICK LOWE TRUSTEE 2.00 X 0 0 0 AMY SKRZEK STILLMAN TRUSTEE 2.00 X 0 0 0 JESSICA WALSH TRUSTEE 2.00 X 0 0 0 URSULA ARELLO TRUSTEE 2.00 X 0 0 0 PATRICK LOWE TRUSTEE 2.00 X 0 0 0 DAVID RUSHFORD TRUSTEE 2.00 X 0 0 0 AARON STEPHENSON TRUSTEE 2.00 X 0 0 0 ABIGAIL ORLEANS THOMPSON TRUSTEE 2.00 X 0 0 0 JETARI VEAL TRUSTEE 2.00 X 0 0 0 WILLIAM WALLACE EXECUTIVE DIRECTOR 50.00 X 158395 0 0 158395 0 0 1 0 1 0 0 27423 1086762 1114185 AUXILARY ACTIVITIES 713990 77669 77669 77669 361191 361191 7838 0 7838 7838 7838 5780249 5350611 429638 429638 429638 212390 116862 95528 95528 13070 5829 7241 7241 2093290 77669 0 901436 819921 185077 378745 256099 28801 6500 13305 8996 68024 15355 31422 21247 55461 55461 187314 187314 57232 57232 130059 83538 46521 3330 3330 385429 289071 96358 41568 31175 10393 PROGRAM CONSUMABLES 165255 165255 REPAIRS AND MAINTENANCE 114235 76537 37698 OTHER 73103 25756 47347 SUPPLIES 33508 11305 20768 1435 75799 61694 14105 2239039 925507 975078 338454 104424 386420 607712 473078 23401 6401 76895 198229 6712 29782 10370064 6438328 2591392 3931736 6336161 5041947 9066707 9625532 18813404 19693125 164194 346448 25000 164194 371448 X 3901181 4963263 14748029 14358414 18649210 19321677 18813404 19693125 -145749 818216 0 X 0 1 X 1 0 X 705637 1788397 1778994 413204 1086762 5772994 705637 1788397 1778994 413204 1086762 5772994 5772994 223673 484493 294994 347595 369029 1719784 7492778 0.77050 0.78130 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 13002703 1233408 372856 13863255 11827021 1545553 369871 13002703 10970938 1193290 337207 11827021 12741391 500000 -2027855 242598 10970938 10396975 2893246 548830 12741391 1 0 105150 105150 8873489 5754701 3118788 485525 129473 356052 664422 554154 110268 241478 241478 3931736 MANAGED INVESTMENTS 9590633 F MONEY MARKET FUNDS 34899 F 9625532 2754957 818216 24936 5829 848981 1905976 187314 187314 2093290 2082490 24936 5829 30765 2051725 187314 187314 2239039 PART III, LINE 1A: AS ALLOWED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA AND FOLLOWING THE PRACTICES OF MANY MUSEUMS, THE MUSEUM HAS NOT CAPITALIZED ITS COLLECTION OF ITEMS OF HISTORICAL NATURE AND OTHER RELATED OBJECTS PURCHASED OR DONATED. THE COLLECTION IS HELD FOR PUBLIC EXHIBITION, EDUCATION, OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE RATHER THAN FINANCIAL GAIN. THE MUSEUM CONTINUALLY REVIEWS ITS COLLECTION AND MAY DEACCESS OR ACQUIRE ADDITIONAL ITEMS. EXPENDITURES FOR ADDITIONAL COLLLECTION ITEMS PRESENTED AS A REDUCTION IN THE APPROPRIATE CLASS OF NET ASSETS. PART III, LINE 4: WORCESTER HISTORICAL MUSEUM (WHM) IS THE ONLY INSTITUTION DEVOTED TO LOCAL HISTORY. IT INCLUDES A RESEARCH LIBRARY OF OVER 7,000 TITLES, AN ARCHIVE THAT HOUSES THOUSANDS OF DOCUMENTS, AND A COLLECTION OF ARTIFACTS, ALL VITAL TO THE STUDY OF WORCESTER HISTORY. A FEW EXAMPLES OF WHM'S HOLDINGS INCLUDE CORRESPONDENCE OF ABOLITIONIST ABBY KELLEY FOSTER, BLACKSTONE CANAL COMPANY RECORDS, CIVIAL WAR ERA DIARIES AND LETTERS, AND ARTIFACTS RELATED TO WORCESTER'S INDUSTRIAL PAST INCLUDING EARLY WOODENWARE AND CERAMICS, WEAPONRY FROM THE COLONIAL ERA THROUGH WORLD WAR II, PAINTINGS AND SCULPTURES, AND A SIGNIFICANT COSTUME AND TEXTILE COLLECTION. PART V, LINE 4: THE MUSEUM'S ENDOWMENT CONSISTS OF INDIVIDUAL DONOR RESTRICTED FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES AND FUNDS DESIGNATED BY THE MUSEUM TO FUCTION AS ENDOWMENTS. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED OR LEGAL RESTRICTIONS. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, THE MUSEUM CLASSIFIES AS DONOR-RESTRICTED NET ASSETS (A) THE ORIGIONAL VALUE OF GIFTS DONATED TO THE PERMANENT ENDOWMENT, (B) THE ORIGIONAL VALUE OF SUBSEQUENT GIFTS TO THE PERMANENT ENDOWMENT, AND (C) ACCUMULATIONS TO THE PERMANENT ENDOWMENT MADE IN ACCORDANCE WITH THE DIRECTION OF THE APPLICABLE DONOR GIFT INTRUMENT AT THE TIME THE ACCUMULATION IS ADDED TO THE FUND. THE REMAINING PORTION OF THE DONOR-RESTRICTED ENDOWMENT FUNDS IS CLASSIFIED AS EXPENDABLE NET ASSETS WITH DONOR RESTRICTIONS UNTIL THOSE AMOUNTS ARE APPROPRIATED FOR EXPENDITURE BY THE MUSEUM IN A MANNER CONSISTENT WITH THE STANDARD OF PRUDENCE PRESCRIBED BY STATE LAW. IN ACCORDANCE WITH THE UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT, THE MUSEUM MAY CONSIDER THE FOLLOWING FACTORS IN MAKING A DETERMINATION TO APPROPRIATE OR ACCUMULATE DONOR-RESTRICTED ENDOWMENT FUNDS: THE DURATION AND PRESERVATION OF THE FUND; THE PURPOSES OF THE MUSEUM AND THE DONOR-RESTRICTED ENDOWMENT FUND; GENERAL ECONOMIC CONDITIONS; THE POSSIBLE EFFECT OF INFLATION AND DEFLATION; THE EXPECTED TOTAL RETURN FROM INCOME AND THE APPRECIATION OF INVESTMENTS; OTHER RESOURCES OF THE MUSEUM; AND THE INVESTMENT POLICIES OF THE MUSEUM. THE MUSEUM HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ITS BOARD-DESIGNATED AND OTHER ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING FOR ITS PRGRAMS WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. UNDER THIS POLICY, AS APPROVED BY THE BOARD, THE ENDOWMENT ASSETS ARE INVESTED IN PORTFOLIO OF DEBT AND EQUITY SECURITIES WITH THE OBJECTIVE OF ACHIEVING LONG-TERM CAPUTAL APPRECIATION WHILE MODERATING THE LEVEL OF INVESTMENT RISK. ACTUAL RETURNS IN ANY GIVEN YEAR MAY VAY FROM THIS AMOUNT. TO SATISFY ITS LONG-TERM RATE-OF-RETURN OBJECTIVES, THE MUSEUM RELIES ON A TOTAL RETURN STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CAPITAL APPRECUATUIB (REALIZED AND UNREALIZED) AND CURRENT YIELD (INTEREST AND DIVIDENDS). THE MUSEUM HAS INVESTED IN DEBT AND EQUITY SECURITIES THAT TARGET A DIVERSIFIED ASSET ALLOCATION THAT PLACES A GREATER EMPHASIS ON EQUITY-BASED INVESTMENT OT ACHIEVE ITS LONG-TERM RETURN OBJECTIVES WITHIN PRUDENT RISK CONSTRAINTS. THE MUSEUM HAS A POLICY OF APPROPRIATING FOR DISTRIBUTION OF EACH YEAR 5% OF THE AVERAGE FAIR MARKET VALUE OF THE ENDOWMENT CALCULATED FOR THE FIVE YEARS PRECEDING THE YEAR IN WHICH THE DISTRIBUTION IS PLANNED. IN ESTABLISHING THIS POLICY, THE MUSEUM CONSIDERED THE LONG-TERM EXPECTED RETURN ON ITS ENDOWMNT. THIS IS CONSISTENT WITH THE MUSEUM'S OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF ITS ENDOWMENT. FROM TIME TO TIME, THE FAIR VALUE OF ASSETS ASSOCIATED WITH INDIVIDUAL DONOR-RESTRICTED ENDOWMENT FUNDS MAY FALL BELOW THE LEVEL THAT THE DONOR IMPOSED RESTRICTUONS REQUIRE THE MUSEUM TO RETAIN AS A FUND OF PERPETUAL DURATION. THE MUSEUM MAY APPROPRIATE FOR EXPENDITURE FROM THESE UNDERWATER ENDOWMENT FUNDS IN ACCOURANCE WITH THE PRUDENT MEASURES PRESCRIBED BY STATE LAW. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD HARVEY BALL 212390 212390 31421 3750 81691 212390 212390 31421 3750 81691 116862 95528 0 0 0 0 0 0 0 0 0 WILLIAM WALLACE EXECUTIVE DIRECTOR 158395 0 0 0 0 0 0 0 0 0 158395 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF TRUSTEES CONSISTS OF 27 MEMBERS WHO MONITOR THE DAY TO DAY OPERATIONS OF THE MUSEUM. IN ADDITION TO THE BOARD OF TRUSTEES THERE ARE 97 CORPORATORS THAT ARE VOTING MEMBERS. THESE MEMBERS ELECT THE TRUSTEES WHO ARE ON THE EXECUTIVE COMMITTEE OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT AND TREASURER WILL REVIEW THE 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANY CONFLICTS OF INTEREST WOULD BE BROUGHT TO THE BOARD'S ATTENTION PER POLICY. FORM 990, PART VI, SECTION B, LINE 15A EMPLOYEES ARE REVIEWED BY HR PROFESSIONAL, WHM FINANCE COMMITTEE AND ARE TEN RECOMMENDED TO THE EXECUTIVE COMMITTEE. DIRECTORS AND OFFICERS ARE NOT COMPENSATED. FORM 990, PART VI, SECTION C, LINE 19 AT ANY GIVEN TIME, THE ORGANIZATION HAS THE DOCUMENTS ON SITE FOR ANY ORGANIZATION MEMBER OR MEMBER OF THE PUBLIC TO VIEW IN THE MUSEUM'S ADMINISTRATIVE OFFICES.