Wright Tavern
Legal name: Wright Tavern Legacy Trust
Nonprofit profile at a glance
- EIN
- 873687449
- IRS 990 coverage
- 2023–2025
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2025, Form 990-EZ 2022
- Location
- Concord, MA, United States
- Phone
- 9783699602
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
- Affiliation
- Religious (unspecified)
Reported finances
- Revenue
- $396,974
- Expenses
- $315,885
- Assets
- $1,075,725
- Liabilities
- $503,345
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
8 people listed
People named in this filing
- THOMAS WILSON (Chair)
- OLEG LITVINENKO (Treasurer)
- TOBY CHAUDHURI (Trustee)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Support the preservation and effective utilization of the Wright Tavern as a place for learning, interactive museum experiences, and community gatherings that tell the stories of Concord’s history and the founding of the United States. First Parish in Concord continues to maintain and operate the building. The Tavern remains in good condition, though many repairs are needed. First Parish intends to continue owning the building and decided in 2019 to build a new future, the next chapter in the life of the Wright Tavern. What is happening with the Wright Tavern now? The vision for the Wright Tavern** , which is likely to take several years to become reality, is to transform the building into a gathering place, a learning center that operates within an interactive museum and tavern. This means it will provide space to host meetings, events, and celebrations, as well as reenactments and...
What it reported doing in 2025
The mission of the WTLT is to enable the Wright Tavern to take its rightful place in telling the stories of Concords history and the founding of the United States - with a focus on protecting self-determination and demoracy.
Operating model
- Revenue model
- Donor-supported. 77% 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.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 42
- Transparency & Controls: 100
- Accountability: 70
- Sustainability: 64
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 43.6%; rating input score 44
- Program expense ratio: 54.2%; rating input score 54
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- 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; 64th percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 20.4%; rating input score 71; 71st percentile among comparable filings
- Total-asset coverage ratio: 3.41; rating input score 72; 72nd percentile among comparable filings
- Liabilities to assets ratio: 0.47; rating input score 9; 9th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings
Growth
- Program expense growth: 45.7% per year; rating input score 100; 94th percentile among comparable filings
- Revenue growth: 22% per year; rating input score 100; 88th percentile among comparable filings
- Asset growth: 38.2% per year; rating input score 100; 93rd percentile among comparable filings
Details
- What they do: 1 operating location identified
- Where the money goes: 43.6% of revenue deployed · 54.2% of spending went to programs
- Governance: 8 of 8 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $171K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Highest-paid contractors: 1 contractor listed · $112K reported
- Consistency: 24 of 24 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 3 filing years from 2023 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 44/100.
- Review — Financial Efficiency: Program expense ratio scored 54/100.
- High — Accountability: Governance controls: 4 of 6 not reported.
- High — Sustainability: Liabilities to assets ratio scored 9/100.