Civic Intelligence

Edith Wharton Restoration Inc

EIN 04-2666846 • 501(c)3 • Lenox, MA

Profile

Edith Wharton Restoration was incorporated in Massachusetts in 1978 to acquire The Mount, the National Historic Landmark estate designed by Edith Wharton, to protect it from commercial development. Today, The Mount is both a historic site and a center for culture inspired by the passions and achievements of its creator. It welcomes nearly 80,000 visitors from across the U.S. and abroad annually, who come to tour the estate, or attend one of the many readings, lectures, performances, or other programs that the Organization offers.

PO Box 974 2 Plunkett StreetLenox, MA 01240

www.edithwharton.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

25th percentile

0.03x

Higher debt load relative to assets than 25% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

40th percentile

0.15x

Higher debt load relative to revenue than 40% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

30th percentile

-1.6%

Higher net margin than 30% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

40th percentile

2.2%

Faster asset growth than 40% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

69th percentile

17%

Faster revenue growth than 69% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Assets

Up

$20,544,510

Up $443,924 (+2.2%) from 2024

Liabilities

Up

$640,402

Up $197,422 (+45%) from 2024

Net Assets

Up

$19,904,108

Up $246,502 (+1.3%) from 2024

Revenue

Up

$4,232,113

Up $624,556 (+17%) from 2024

Expenses

Up

$4,301,427

Up $700,921 (+19%) from 2024

Net Income

Down

-$69,314

Down $76,365 (-1083%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2012: $5,365,299Liabilities 2012: $4,618,979Net Assets 2012: $746,3202012Assets 2013: $5,532,090Liabilities 2013: $4,141,919Net Assets 2013: $1,390,1712013Assets 2014: $5,410,832Liabilities 2014: $4,081,323Net Assets 2014: $1,329,5092014Assets 2015: $5,504,530Liabilities 2015: $3,948,599Net Assets 2015: $1,555,9312015Assets 2016: $5,800,064Liabilities 2016: $147,981Net Assets 2016: $5,652,0832016Assets 2017: $6,112,709Liabilities 2017: $128,757Net Assets 2017: $5,983,9522017Assets 2018: $6,536,225Liabilities 2018: $145,082Net Assets 2018: $6,391,1432018Assets 2019: $8,653,504Liabilities 2019: $356,036Net Assets 2019: $8,297,4682019Assets 2020: $16,550,044Liabilities 2020: $231,524Net Assets 2020: $16,318,5202020Assets 2021: $18,245,381Liabilities 2021: $529,674Net Assets 2021: $17,715,7072021Assets 2022: $19,013,196Liabilities 2022: $374,877Net Assets 2022: $18,638,3192022Assets 2023: $18,882,773Liabilities 2023: $395,387Net Assets 2023: $18,487,3862023Assets 2024: $20,100,586Liabilities 2024: $442,980Net Assets 2024: $19,657,6062024Assets 2025: $20,544,510Liabilities 2025: $640,402Net Assets 2025: $19,904,1082025

Highlighted filing

2025

Assets$20,544,510
Liabilities$640,402
Net Assets$19,904,108

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2012: $2,000,295Expenses 2012: $1,366,390Net Income 2012: $633,9052012Revenue 2013: $2,193,971Expenses 2013: $1,550,120Net Income 2013: $643,8512013Revenue 2014: $1,544,086Expenses 2014: $1,604,748Net Income 2014: -$60,6622014Revenue 2015: $1,796,008Expenses 2015: $1,569,586Net Income 2015: $226,4222015Revenue 2016: $5,807,898Expenses 2016: $1,711,746Net Income 2016: $4,096,1522016Revenue 2017: $2,297,045Expenses 2017: $1,965,176Net Income 2017: $331,8692017Revenue 2018: $2,428,623Expenses 2018: $2,021,432Net Income 2018: $407,1912018Revenue 2019: $3,997,939Expenses 2019: $2,091,614Net Income 2019: $1,906,3252019Revenue 2020: $10,653,436Expenses 2020: $2,416,158Net Income 2020: $8,237,2782020Revenue 2021: $3,306,294Expenses 2021: $2,491,422Net Income 2021: $814,8722021Revenue 2022: $3,949,789Expenses 2022: $3,003,902Net Income 2022: $945,8872022Revenue 2023: $3,149,197Expenses 2023: $3,114,268Net Income 2023: $34,9292023Revenue 2024: $3,607,557Expenses 2024: $3,600,506Net Income 2024: $7,0512024Revenue 2025: $4,232,113Expenses 2025: $4,301,427Net Income 2025: -$69,3142025

Highlighted filing

2025

Revenue$4,232,113
Expenses$4,301,427
Net Income-$69,314

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.5$0.64$19.9$4.23$4.30$0.07
2024Detailed filing. Detailed filing data is available for this year.$20.1$0.44$19.7$3.61$3.60$0.01
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.9$0.40$18.5$3.15$3.11$0.03
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.0$0.37$18.6$3.95$3.00$0.95
2021Detailed filing. Detailed filing data is available for this year.$18.2$0.53$17.7$3.31$2.49$0.81
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.6$0.23$16.3$10.7$2.42$8.24
2019Summary only. Only limited summary data is available for this year.$8.65$0.36$8.30$4.00$2.09$1.91
2018Summary only. Only limited summary data is available for this year.$6.54$0.15$6.39$2.43$2.02$0.41
2017Summary only. Only limited summary data is available for this year.$6.11$0.13$5.98$2.30$1.97$0.33
2016Summary only. Only limited summary data is available for this year.$5.80$0.15$5.65$5.81$1.71$4.10
2015Summary only. Only limited summary data is available for this year.$5.50$3.95$1.56$1.80$1.57$0.23
2014Summary only. Only limited summary data is available for this year.$5.41$4.08$1.33$1.54$1.60$0.06
2013Summary only. Only limited summary data is available for this year.$5.53$4.14$1.39$2.19$1.55$0.64
2012Summary only. Only limited summary data is available for this year.$5.37$4.62$0.75$2.00$1.37$0.63
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2024 to Mar 31, 2025
Signed
Aug 7, 2025
Return Version
2024v5.2
Gross Receipts
$9,321,545
Mission and Program Overview

Mission

Edith Wharton Restoration was incorporated in Massachusetts in 1978 to acquire The Mount, the National Historic Landmark estate designed by Edith Wharton, to protect it from commercial development. Today, The Mount is both a historic site and a center for culture inspired by the passions and achievements of its creator. It welcomes more than 50,000 visitors from across the U.S. and abroad annually, who come to tour the estate, or attend one of the many readings, lectures, performances, or other programs that the Organization offers.

The mount is both a historic site and a center for culture inspired by its creator, edith wharton. It welcomes nearly 80,000 visitors annually who come to tour the estate or attend one of the many readings, lectures, performances or other programs that the organization offers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$11,509,475$10,867,447▼ $642,028
Land, Buildings, and Equipment, Net$6,045,678$6,249,269▲ $203,591
Savings and Temporary Cash Investments$910,832$863,656▼ $47,176
Cash and Non-Interest-Bearing Accounts$86,191$226,177▲ $139,986
Prepaid Expenses and Deferred Charges$53,463$82,864▲ $29,401
Inventories for Sale or Use$45,949$72,506▲ $26,557
Pledges and Grants Receivable$34,219$22,532▼ $11,687
Accounts Receivable$28,925$6,425▼ $22,500
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Total Assets$20,100,586$20,544,510▲ $443,924
Other Assets Total$1,385,854$2,153,634▲ $767,780
Liabilities
Deferred Revenue$292,531$398,673▲ $106,142
Accounts Payable and Accrued Expenses$150,425$152,161▲ $1,736
Other Liabilities$24$89,568▲ $89,544
Total Liabilities$442,980$640,402▲ $197,422
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$11,581,011$11,692,785▲ $111,774
Net Assets With Donor Restrictions$8,076,595$8,211,323▲ $134,728
Total Net Assets Fund Balance$19,657,606$19,904,108▲ $246,502
Total Liabilities and Net Assets / Fund Balance$20,100,586$20,544,510▲ $443,924

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$5,571,204$3,884,811$9,456,015
Equipment$196,096$500,233$696,329
Other Land Buildings$416,259-$416,259
Buildings-$255,674$255,674
Land$65,710-$65,710
Other Assets Org$89,475--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$9,617,916-▲ $612,300$314,542$9,915,674
2023$8,278,678$285,306▲ $1,303,669$249,737$9,617,916
2022$8,448,633$280,903▼ $450,858-$8,278,678
2021$7,892,173$502,243▲ $54,217-$8,448,633
2020$6,995,357$437,328▲ $459,488-$7,892,173
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Susan WisslerExecutive DirectorFT$165,601$11,399$177,000
Revenue and Support

Revenue Composition

Contributions and Grants
$1,862,852
Program Service Revenue
$918,713
Investment Income
$456,626
Other Revenue
$993,922
All Other Contributions
$1,476,892
Change in Net Assets
$-69,314

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded10$273,876Mean Value
Total Noncash Contributions10$273,876-

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,175,272
Revenue Not Reported on Financial Statements
$56,841
Revenue Not Reported on Form 990
$730,336
Total Revenue per Audited Statements
$4,905,608
Total Revenue per Form 990
$4,232,113
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,214,469
Other Expenses$2,086,958
Total Fundraising Expense$495,974
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,382,144$78,763$256,005$1,716,912
Occupancy$607,443$1,058-$608,501
Depreciation Depletion$380,219--$380,219
Payroll Taxes$149,238$11,959$31,998$193,195
Current Officers, Directors, Trustees, and Key Employees$85,812$34,325$51,488$171,625
Office Expenses$102,250-$23,907$126,157
All Other Expenses$91,445$709$11,318$103,472
Insurance$92,992$5,519-$98,511
Other Employee Benefits$68,848$5,851$17,951$92,650
Advertising$81,949-$5,280$87,229
Other Expenses$91,163-$78,850$78,850
Fees for Service Investment Mgmnt Fees-$56,841-$56,841
Information Technology$37,068-$7,191$44,259
Pension Plan Contributions$29,705$3,455$6,927$40,087
Fees for Services Accounting-$29,246-$29,246
Travel$24,175-$3,499$27,674
Fees for Services Other$13,774--$13,774
Fees for Services Legal-$5,400-$5,400
Total Functional Expenses$3,572,327$233,126$495,974$4,301,427

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,659,106
Total Expenses per Form 990$4,301,427
Expenses per Audited Statements$4,244,586
Expenses Not Reported on Form 990$414,520
Expenses Not Reported on Financial Statements$56,841
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$456,426
Fundraising Direct Expenses$51,623
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$456,426$456,426$9,539$446,887
Total Events$456,426$456,426$51,623$404,803
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Obligation Payable$89,475
Sales Tax Payable$93
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The board reviews and approves the form 990 before it is signed and filed with the irs.

Form 990, Part VI, Section B, Line 12C

Trustees are required to report any potential conflicts of interest as they arise and to complete a form annually indicating any potential conflicts of interest to the governance commitee who is charged with enforcement.

Form 990, Part VI, Section B, Line 15A

The executive director's compensation is determined by the executive committee of the board of trustees. Factors considered include the salaries for the executive directors of comparable organizations, time elapsed since the last raise and overall performance.

Form 990, Part VI, Section B, Line 15B

The executive director, in consultation with the director of finance and the human resources coordinator, sets the salaries for all other employees. Factors considered include the going wages paid by other comparable organizations, seniority, previous experience, time elapsed since the last raise and overall performance.

Form 990, Part VI, Section C, Line 19

Financial statements and tax filings are posted on massachusetts attorney general's website. Form 990 is available on guidestar.org. Financial statements are posted on our website and all other documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Edith Wharton Restoration Inc
EIN
04-2666846
Phone
4135515100
Address
PO BOX 974 2 PLUNKETT STREET, LENOX, MA 01240

Signing Officer

Name
Robert Salerno
Title
Treasurer
Signed
2025-08-07
Discuss with paid preparer
Yes

Organization Details

Formed
1978
Legal Domicile
Ma
Voting Board Members
21
Independent Board Members
21
Employees
80
Volunteers
36

Preparer

Firm
Lombardi & Keegan
Address
35 Pearl Street, Pittsfield, MA 01201
Preparer
John J Keegan
Phone
4134993733
Supplemental Narrative

Financial Statement Notes

Part III, Line 4: Description of organization'S collections and how it furthers its purpose.

The Organization owns Edith Wharton's 2,700 volume personal library, containing inscriptions, annotations, book plates, and other markings of great interest to scholars and the public-at-large. The Organization also owns a number of other archival items that originally belonged to Edith Wharton or are important artifacts from her era. These items also aid in a greater understanding of Edith Wharton and the time period in which she lived.

Part V, Line 4: Intended uses of the endowment fund.

The endowment funds must be held in perpetuity with the income to be used for operations, educational purposes and maintenance based on the restrictions from the donors.

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Rental expenses $40062 cost of goods sold $314443 special events expenses $51623

Part XII, Line 2D: Other expenses and losses per audited F/S

Rental expenses $40062 cost of goods sold $314443 special events expenses $51623

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IRS990/MissionDesc0Edith Wharton Restoration was incorporated in Massachusetts in 1978 to acquire The Mount, the National Historic Landmark estate designed by Edith Wharton, to protect it from commercial development. Today, The Mount is both a historic site and a center for culture inspired by the passions and achievements of its creator. It welcomes nearly 80,000 visitors from across the U.S. and abroad annually, who come to tour the estate, or attend one of the many readings, lectures, performances, or other programs that the Organization offers.
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