Revolutionary Spaces Inc
Nonprofit profile at a glance
- EIN
- 042104806
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Boston, MA, USA
- Phone
- 6177201713
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Historical Societies, Related Historical Activities
Reported finances
- Revenue
- $6,086,634
- Expenses
- $4,765,581
- Assets
- $10,416,270
- Liabilities
- $1,520,376
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
25 people listed
Executive titles in this filing
- NATHANIEL SHEIDLEY (PRESIDENT & CEO)
Highest reported compensation
- NATHANIEL SHEIDLEY (PRESIDENT & CEO): $209,942 total reported compensation
- ANNE FREEH ENGEL (EVP, MUSEUM EXPERIENCE): $141,590 total reported compensation
- LAUREN SOTTILE (ASSOCIATE DIR. OF DEVELOPMENT): $130,205 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Revolutionary spaces brings people together to explore the american struggle to create and sustain a free society, singularly evoked by boston's old south meeting house and old state house. We steward these buildings as gathering spaces for the open exchange of ideas and the continuing practice of democracy, inspiring all who believe in the power of people to govern themselves.
What it reported doing in 2024
General programming activities include conservation of revolutionary spaces' collection and archives as a resource for both researchers and the general public, and interpreting the old state house, old south meeting house, and their histories through exhibitions and programming targeted to museum visitors, school groups and members of the community. Programs include: gallery programs and subject-based museum tours, virtual programs, large-scale historical re-enactments, and site-specific history theatre productions.
Operating model
- Revenue model
- Donor-supported. 67% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 84
- Accountability: 100
- Sustainability: 64
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 75.4%; rating input score 75
- Program expense ratio: 72.5%; rating input score 73
- Fundraising efficiency: $7.78 raised per $1 spent on fundraising; rating input score 29; 29th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 21.7%; rating input score 78; 78th percentile among comparable filings
- Total-asset coverage ratio: 2.19; rating input score 65; 65th percentile among comparable filings
- Liabilities to assets ratio: 0.15; rating input score 51; 51st percentile among comparable filings
- Officer compensation ratio: 17.6%; rating input score 15; 15th percentile among comparable filings
Growth
- Program expense growth: 12.9% per year; rating input score 100; 73rd percentile among comparable filings
- Revenue growth: 14.2% per year; rating input score 100; 80th percentile among comparable filings
- Asset growth: -6.8% per year; rating input score 0; 3rd percentile among comparable filings
Details
- Where the money goes: 75.4% of revenue deployed · 72.5% of spending went to programs
- Governance: 17 of 17 board members independent · 8 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $3.5M in reported program spending
- Leadership: top reported pay $210K · 25 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $102K reported
- Consistency: 36 of 36 current checks pass
- Schedules: 8 filed schedules · includes major donors and executive pay
- Filing history: 4 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 29/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 15/100.
- Review — Sustainability: Liabilities to assets ratio scored 51/100.