Civic Intelligence

Magnolia Historical Society Inc

EIN 22-2619953 • 501(c)3 • Gloucester, MA

Profile

To restore, preserve and protect the history of magnolia, massachusetts. Magnolia is a community within the city of gloucester, massachusetts.

46 Magnolia Avenue PO Box 5551Gloucester, MA 01930

www.magnoliahistoricalsociety.com

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

30th percentile

-11%

Higher net margin than 30% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

45th percentile

-5.5%

Faster asset growth than 45% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

64th percentile

10%

Faster revenue growth than 64% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$15,152

Down $885 (-5.5%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$15,152

Down $885 (-5.5%) from 2023

Operations
Liabilities / Revenue62nd percentileNet Margin30th percentile

Revenue

Up

$8,225

Up $762 (+10%) from 2023

Expenses

Down

$9,110

Down $5,965 (-40%) from 2023

Net Income

Up

-$885

Up $6,727 (+88%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth45th percentile

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

$30K$20K$10K$0-$10KAssets 2014: $7,989Liabilities 2014: $02014Assets 2016: $14,108Liabilities 2016: $02016Assets 2017: $12,481Net Assets 2017: $12,4812017Assets 2018: $11,642Net Assets 2018: $11,6422018Assets 2019: $2,366Net Assets 2019: $2,3662019Assets 2020: $2,430Liabilities 2020: $6,000Net Assets 2020: -$3,5702020Assets 2021: $17,147Net Assets 2021: $17,1472021Assets 2022: $23,649Net Assets 2022: $23,6492022Assets 2023: $16,037Liabilities 2023: $0Net Assets 2023: $16,0372023Assets 2024: $15,152Liabilities 2024: $0Net Assets 2024: $15,1522024

Highlighted filing

2024

Assets$15,152
Liabilities$0
Net Assets$15,152
Open 2024 Filing

Operations Trend

Revenue Growth64th percentile

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

$30K$20K$10K$0-$10KRevenue 2014: $14,335Expenses 2014: $21,991Net Income 2014: -$7,6562014Revenue 2016: $23,255Expenses 2016: $17,384Net Income 2016: $5,8712016Revenue 2017: $19,185Expenses 2017: $20,812Net Income 2017: -$1,6272017Revenue 2018: $14,934Expenses 2018: $15,773Net Income 2018: -$8392018Revenue 2019: $6,168Expenses 2019: $15,444Net Income 2019: -$9,2762019Revenue 2020: $14,323Expenses 2020: $20,258Net Income 2020: -$5,9352020Revenue 2021: $29,648Expenses 2021: $8,916Net Income 2021: $20,7322021Revenue 2022: $20,393Expenses 2022: $13,900Net Income 2022: $6,4932022Revenue 2023: $7,463Expenses 2023: $15,075Net Income 2023: -$7,6122023Revenue 2024: $8,225Expenses 2024: $9,110Net Income 2024: -$8852024

Highlighted filing

2024

Revenue$8,225
Expenses$9,110
Net Income-$885
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$15,152
Liabilities
$0
Net assets
$15,152
Revenue
$8,225
Expenses
$9,110
Net income
-$885
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$15.2$0.00$15.2$8.23$9.11$0.89
2023Detailed filing. Detailed filing data is available for this year.$16.0$0.00$16.0$7.46$15.1$7.61
2022Detailed filing. Detailed filing data is available for this year.$23.6$23.6$20.4$13.9$6.49
2021Detailed filing. Detailed filing data is available for this year.$17.1$17.1$29.6$8.92$20.7
2020Detailed filing. Detailed filing data is available for this year.$2.43$6.00$3.57$14.3$20.3$5.94
2019Detailed filing. Detailed filing data is available for this year.$2.37$2.37$6.17$15.4$9.28
2018Detailed filing. Detailed filing data is available for this year.$11.6$11.6$14.9$15.8$0.84
2017Detailed filing. Detailed filing data is available for this year.$12.5$12.5$19.2$20.8$1.63
2016Summary only. Only limited summary data is available for this year.$14.1$0.00$23.3$17.4$5.87
2014Summary only. Only limited summary data is available for this year.$7.99$0.00$14.3$22.0$7.66
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.2
Gross Receipts
$8,225
Mission and Program Overview

Mission

To restore, preserve and protect the history of magnolia, massachusetts.

To restore, preserve and protect the history of magnolia, massachusetts. Magnolia is a community within the city of gloucester, massachusetts.

Program Services

DescriptionGrantsExpenses
TO RESTORE, PRESERVE AND PROTECT THE HISTORY OF MAGNOLIA, MASSACHUSETTS. MAGNOLIA IS A COMMUNITY WITHIN THE CITY OF GLOUCESTER, MASSACHUSETTS.$0$0
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ERICK BOURBONTreasurer-$0--
CLAIRE LOCHERCo-President-$0--
ROBERT CANNONVP, Director Of Facilities-$0--
Filing and Contact Details

Filer

Filer Name
Magnolia Historical Society Inc
EIN
22-2619953
Phone
9785253311
Address
46 MAGNOLIA AVENUE PO BOX 5551, GLOUCESTER, MA 01930

Signing Officer

Name
Erick Bourbon
Title
Treasurer
Phone
9785253311
Signed
2025-11-12
Discuss with paid preparer
Yes

Preparer

Firm
Jeffrey Bruce Toye CPA
Address
65 Eastern Ave Unit AB4, Essex, MA 01929-1321
Preparer
Jeffrey Bruce Toye CPA
Phone
9785253717
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16 - Other Expenses

“Description: INSURANCE. Amount: 3,804. Description: SOFTWARE, WEBSITE. Amount: 1,539. Description: MARKETING. Amount: 532. Total to Form 990-EZ, line 16: 5,875.”

Form 990-EZ, Part II, Line 24 - Other Assets

“Description: Other Depreciable Assets. Beg. of Year Amount: 15,080. End of Year Amount: 15,080.”

Raw XML Appendix147 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum09785253311
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GLOUCESTER
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
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IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO RESTORE, PRESERVE AND PROTECT THE HISTORY OF MAGNOLIA, MASSACHUSETTS. MAGNOLIA IS A COMMUNITY WITHIN THE CITY OF GLOUCESTER, MASSACHUSETTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO RESTORE, PRESERVE AND PROTECT THE HISTORY OF MAGNOLIA, MASSACHUSETTS. MAGNOLIA IS A COMMUNITY WITHIN THE CITY OF GLOUCESTER, MASSACHUSETTS.
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SchoolOperatingInd00
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TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ERICK BOURBON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09785253311
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MAGNOLIA HISTORICAL SOCIETY INC
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ReturnHeader/Filer/EIN0222619953
ReturnHeader/Filer/PhoneNum09785253311
ReturnHeader/Filer/USAddress/AddressLine1Txt046 MAGNOLIA AVENUE PO BOX 5551
ReturnHeader/Filer/USAddress/CityNm0GLOUCESTER
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0510454889
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Essex
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0019291321
ReturnHeader/PreparerPersonGrp/PhoneNum09785253717
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFFREY BRUCE TOYE CPA
ReturnHeader/ReturnTs02025-11-13T14:12:48-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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