GOLD2024

COLLINGS FOUNDATION INC

When in the course of human events it becomes necessary.

aka American Heritage Museum   |   Hudson, MA   |  http://www.americanheritagemuseum.org
GuideStar Charity Check

COLLINGS FOUNDATION INC

EIN: 47-1954671


Mission

Preserving America’s Heritage, honoring those who served, Educating, and Inspiring Future Generations We honor and sustain America’s heritage by collecting, preserving, and exhibiting artifacts and historic material that recount our nation’s rich history, culture, values, and innovative achievements. We seek to educate by offering immersive exhibits, interactive displays, lectures, events, and outreach programs to enlighten people of all ages and backgrounds about the spirit, valor, optimism, and opportunity that have shaped America. We proudly serve to inspire an appreciation for America’s rich heritage for it remains the foundation by which future generations will strengthen our nation through their integrity, creativity, and the pursuit of knowledge.

Ruling year info

2016

President

Robert Collings Jr.

Main address

568 Main Street

Hudson, MA 01749 USA

Show more contact info

EIN

47-1954671

Subject area info

Historic preservation

History museums

STEM education

Technology

American studies

Population served info

Veterans

Adults

Children and youth

NTEE code info

(History Museums) (A54)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Blog

Affiliations

See related organizations info

Programs and results

What we aim to solve

This profile needs more info.

If it is your nonprofit, add a problem overview.

Login and update

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

American Heritage Museum

Opened in 2019, the American Heritage Museum is a 67,000 square foot public museum located in both Hudson and Stow, MA displaying a comprehensive collection of tanks, military vehicles, artifacts, and aircraft with particular emphasis on World War I, World War II, Korean War, Vietnam War, Cold War, Gulf War, and the Wars in Iraq and Afghanistan. With exhibits developed to align with over 26 direct lesson plans of the Massachusetts Educational Framework, the American Heritage Museum is a significant educational resource for secondary and post-secondary schools in the New England Region

Population(s) Served
Families
Veterans
Military personnel
Academics

Where we work

Financials

COLLINGS FOUNDATION INC
Fiscal year: Dec 01 - Nov 30

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

0.34

Average of 1.35 over 4 years

Months of cash in 2022 info

SOURCE: IRS Form 990

0.5

Average of 4.9 over 4 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

11%

Average of 12% over 4 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

COLLINGS FOUNDATION INC

Revenue & expenses

Fiscal Year: Dec 01 - Nov 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

COLLINGS FOUNDATION INC

Balance sheet

Fiscal Year: Dec 01 - Nov 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

COLLINGS FOUNDATION INC

Financial trends analysis Glossary & formula definitions

Fiscal Year: Dec 01 - Nov 30

SOURCE: IRS Form 990 info

This snapshot of COLLINGS FOUNDATION INC’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $71,266,578 $2,515,284 -$53,721,361 -$1,024,873
As % of expenses 7585.8% 185.5% -3309.6% -39.1%
Unrestricted surplus (deficit) after depreciation $71,266,578 $2,515,284 -$54,273,081 -$1,583,764
As % of expenses 7585.8% 185.5% -2495.4% -49.8%
Revenue composition info
Total revenue (unrestricted & restricted) $72,206,048 $3,871,428 $4,768,988 $17,834,761
Total revenue, % change over prior year 0.0% -94.6% 23.2% 274.0%
Program services revenue 0.9% 12.5% 28.6% 7.8%
Membership dues 0.1% 2.3% 2.3% 0.3%
Investment income 0.0% 0.1% 0.0% -0.6%
Government grants 0.0% 0.0% 7.3% 0.4%
All other grants and contributions 99.0% 83.8% 52.3% 91.4%
Other revenue 0.0% 1.3% 9.5% 0.6%
Expense composition info
Total expenses before depreciation $939,470 $1,356,144 $1,623,188 $2,621,411
Total expenses, % change over prior year 0.0% 44.4% 19.7% 61.5%
Personnel 23.0% 30.5% 35.1% 31.7%
Professional fees 5.1% 3.4% 4.4% 11.6%
Occupancy 8.7% 14.1% 15.1% 11.8%
Interest 0.0% 0.0% 0.0% 0.0%
Pass-through 0.0% 1.6% 1.3% 1.6%
All other expenses 63.1% 50.5% 44.1% 43.3%
Full cost components (estimated) info 2019 2020 2021 2022
Total expenses (after depreciation) $939,470 $1,356,144 $2,174,908 $3,180,302
One month of savings $78,289 $113,012 $135,266 $218,451
Debt principal payment $0 $0 $0 $0
Fixed asset additions $17,719,206 $593,893 $0 $0
Total full costs (estimated) $18,736,965 $2,063,049 $2,310,174 $3,398,753

Capital structure indicators

Liquidity info 2019 2020 2021 2022
Months of cash 2.2 9.7 7.2 0.5
Months of cash and investments 2.2 9.7 10.6 1.0
Months of estimated liquid unrestricted net assets 693.6 497.5 19.0 10.0
Balance sheet composition info 2019 2020 2021 2022
Cash $174,748 $1,093,421 $978,434 $112,109
Investments $0 $0 $460,938 $104,523
Receivables $0 $0 $185,610 $100,000
Gross land, buildings, equipment (LBE) $17,719,206 $18,313,099 $18,896,086 $18,200,217
Accumulated depreciation (as a % of LBE) 0.0% 0.0% 6.4% 9.3%
Liabilities (as a % of assets) 0.8% 1.2% 0.5% 0.6%
Unrestricted net assets $72,020,658 $74,535,942 $20,262,861 $18,679,097
Temporarily restricted net assets $0 N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A
Total restricted net assets $0 $0 $56,043,899 $71,602,999
Total net assets $72,020,658 $74,535,942 $76,306,760 $90,282,096

Key data checks

Key data checks info 2019 2020 2021 2022
Material data errors No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

President

Robert Collings Jr.

Number of employees

Source: IRS Form 990

COLLINGS FOUNDATION INC

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

COLLINGS FOUNDATION INC

Board of directors
as of 05/31/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Frank Dworak

Robert F Collings

William Boller

Stuart Pratt

Leon Scott Rice

Ryan P Keough

Frank Dworak

Organizational demographics

SOURCE: Self-reported; last updated 1/18/2024

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male

Race & ethnicity

No data

Gender identity

Transgender Identity

Sexual orientation

No data

Disability

No data