2024-10-15T09:52:59-07:00 2023-11-30 990 2022-12-01 471954671 COLLINGS FOUNDATION INC COLL 9785629182 568 MAIN STREET HUDSON MA 01749 ROBERT COLLINGS PRESIDENT 9785629182 2024-10-14 1 2022 2024-10-15 13:58:12Z Robert F Collings Jr c/o Collings Foundation 568 Main Street Hudson MA 01749 28541655 0 X WWW.AMERICANHERITAGEMUSEUM.ORG X 2014 MA To operate the American Heritage Museum, which preserves, restores and presents historical artifacts for the purpose of honoring veterans and educating the general public. In addition, the Foundation and the Museum participate in living history events to operate the artifacts and present them to the public. 5 4 0 750 0 0 16426730 26934729 1395485 1329486 -101200 -18427 113746 146776 17834761 28392564 41957 29082 0 0 831038 828083 0 0 190454 2307307 2518981 3180302 3376146 14654459 25016418 90808753 116013706 526657 715192 90282096 115298514 To organize and preserve living history events and the presentation of historical artifacts and content that enable Americans to learn more about their heritage through direct participation. 0 0 1971799 0 535335 The American Heritage Museum was open to the public. This facility houses one of the world's largest collections of armored vehicles and tanks, all displayed in unique diaramas and displays. The museum includes exhibits covering from the Revolutionary War right up to current times, including a World War I Trench Experience, the Clash of Steel Exhibition, the Hanoi Hilton and a Holocaust Railcar. A gift shop is also available for the public to purchase items which promote the Organization's mission and American history. Approximately 54,804 people attended the Museum during the year. 180385 0 153308 "Battle for the Airfield" - This Columbus Day Weekend event featured approximately 300 re-enactors. The entire property in Hudson/Stow was open: the Automobile Collection, Foundation Airplane Hangar, and the American Heritage Museum. Fully restored military equipment of all kinds were on display. Camps were set up with authentic materials and appearance. Re-enactors acted as docents and shared a wealth of information about life as a member of the military. Veterans from all ranks and branches of the service participated in discussions around each encampment. Approximately 4,936 individuals attended this event. 366270 0 466974 The Foundation offered to the public the opportunity to drive or ride in a tank. Approximately 920 individuals took part in these experiences, helping to teach the general public and raise awareness of the importance of these vehicles in the history of the United States. 202553 0 173869 The Foundation hosted additional public events, such as "Fathers Day Weekend Open House", "World War I Aviation Weekend", and a Revolutionary War event. In addition, the Foundation rented out its facility for multiple private events during the year. It also allowed the use of its vehicles in a Military Parades. In addition, some charitable contributions were made and some college scholarships awarded. based on merit. 202553 0 173869 2721007 1 1 0 0 0 0 0 1 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 X 5 4 1 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 1 0 0 MA X Robert F Collings Jr 9785629182 568 MAIN STREET HUDSON MA 01749 Robert F Collings Jr President and Director 37 3 X X X X 0 420000 0 Ryan Keough Secretary 35 5 X 0 107000 0 Hunter Chaney Treasurer 39 1 X 0 107000 0 Marie Caroline Collings Treasurer 18 2 X X 0 32086 0 William Boller Director 1 0 X 0 0 0 Frank Dworak Director 2.00 1 X 0 0 0 Stuart Pratt Director 1 0 X 0 0 0 Leon Scott Rice Director 1 0 X 0 0 0 0 666086 0 3 1 1 0 0 0 138984 0 0 202500 26593245 24924189 26934729 Tank Experiences 900099 466974 466974 0 0 Admission Fees 712110 535335 535335 0 0 Battle for the Airfield Event 900099 153308 153308 0 0 Facility Rentals 531390 39533 39533 0 0 Father's Day Open House Event 900099 58393 58393 0 0 75943 75943 0 0 1329486 -27427 -27427 0 0 0 0 0 0 0 0 0 0 0 0 0 9000 0 0 0 9000 9000 9000 0 0 0 295867 149091 146776 146776 0 0 0 28392564 1457835 0 0 10332 10332 18750 18750 472745 283305 189440 0 268890 172607 22923 73360 46510 28592 13318 4600 39938 24551 11436 3951 4848 0 4848 0 85248 0 85248 0 147922 147662 0 260 123162 86776 0 36386 43752 0 34568 9184 251931 217017 33215 1699 69921 41180 13727 15014 738475 700662 37813 0 44308 40332 3976 0 Collection and exhibit maintenance & transportation 658650 658650 0 0 Special event costs 135324 135324 0 0 Vehicle maintenance, parts & fuel 82078 82078 0 0 Other expenses 133362 73189 14173 46000 3376146 2721007 464685 190454 107497 176703 4612 2950 100000 990145 420599 53445 18259923 2199079 16499400 16060844 66997 0 37526 5158 73572122 98724461 90808753 116013706 371038 136237 5846 8060 100000 100000 49773 470895 526657 715192 X 18679097 17785771 71602999 97512743 90282096 115298514 90808753 116013706 25016418 0 0 0 0 0 X 0 1 X 1 0 X 71534404 3334164 2950288 16426730 26934729 121180315 671644 484492 1614625 1670886 1634353 6076000 72206048 3818656 4564913 18097616 28569082 127256315 0 0 0 0 0 0 0 0 0 0 127256315 2958 927 8377 289 12551 0 2958 927 8377 289 12551 17234 17234 72206048 3838848 4565840 18105993 28569371 127286100 0.99977 0.99970 0.00010 0.00012 X Schedule A, Part III, Line 12 In tax year 2019, the Foundation treated facility rentals as other income. After that, they've been included in program service revenue. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 24922000 98724461 X X X X 0 0 2164149 2164149 0 15594401 2084782 13509619 0 0 0 0 0 93269 44660 48609 0 408104 69637 338467 16060844 Antique Aircraft 60858919 Military vehicles & weaponry 29177731 Antique automobiles 1829403 Other museum exhibits 5769176 Restoration costs, net of amortization 1089232 98724461 Due to Collings Foundation 404955 Deferred revenue, less current portion 65940 470895 X 28541655 0 0 0 149091 149091 28392564 0 0 0 28392564 3525237 0 0 0 0 0 3525237 0 -149091 -149091 3376146 Schedule D, Part III, Line 1 The Accounting Policy footnote to the Audited Financial Statements states that "Contributions of non-financial assets generally include collection items and are recorded at estimated fair value at the date of the donation based upon the value that would be received for selling the items in the principal market considering their condition and utility for use or display at the time the items are donated." Schedule D, Part III, Line 4 The Foundation has a significant collection of military and historical vehicles, including tanks, automobiles, aircraft, and naval vessels. The American Heritage Museum is housed in a 67,000+ square foot facility on property bordering the towns of Stow and Hudson, Massachusetts. The concept of the American Heritage Museum began when the Foundation was selected to receive a massive collection of tanks, armored vehicles and military artifacts from the Military Technology Foundation in 2013. Receiving this historically important and extensive collection was a tremendous honor for the Collings Foundation. Exhibiting these artifacts in the most meaningful was possible is the Foundation's goal. The Museum was designed to fully engage people in understanding America's turbulent past. In this remarkable place, American history is explored, studied, and most of all, remembered. Through educational interpretation and a chronologically arranged series of dioramas and exhibits, the American Heritage Museum brings the history of American veterans to life. Schedule D, Part X, Line 2 Management of the Foundation evaluates all significant tax positions as required by GAAP. As of November 30, 2023 and 2022, Management does not believe that it has taken any positions that would require the recording of any tax liability nor do they believe that there are any unrealized tax benefits that would either increase or decrease within the next fiscal year. The Foundation files information return Form 990 with the Internal Revenue Service and an informational return in the Commonwealth of Massachusetts. Schedule D, Part XI, Line 2d The audited financial statements did not present the gift shop cost of inventory sold as a reduction of revenues but instead presented the $149,091 as an expense on the Statement of Functional Expenses (in the Retail column). Schedule D, Part XII, Line 4b Same explanation as relates to Line 2d. 1 The Foundation makes grants in the form of college scholarships. Once awarded to individual recipients, these scholarships are paid directly to the college or university of the award recipients. 15 18750 0 Cash Schedule I, Part I, Line 2 The Foundation generally makes contributions to charitable organizations based on community need and liquidity. X X X X X 0 0 0 0 0 0 0 0 0 Robert F Collings Jr President and Director 0 420000 0 0 0 0 0 0 0 0 0 420000 351972 79587 Ryan Keough Secretary 0 107000 0 0 0 0 0 0 0 0 0 107000 95901 14039 Marie Caroline Collings Treasurer 0 32086 0 0 0 0 0 0 0 0 0 32086 20902 10832 Hunter Chaney Treasurer 0 107000 0 0 0 0 0 0 0 0 0 107000 0 0 X 2 2189 Fair Market Value X 10 24922000 Appraisal 9 0 0 0 Form 990, Part VI, Section A, Line 2 The president of the Foundation, Robert F. Collongs Jr., has a family relationship (is married to) the Treasurer of the Foundation, Marie Caroline Collings. However, Marie Caroline Collings resigned her position with the Foundation effective March 31, 2023. Form 990, Part VI, Section B, Line 11b A draft of the Form 990 was circulated to each member of the Board of Directors, and approval was obtained before filing. Form 990, Part VI, Section B, Line 15 The Compensation Committee of the Board of Directors obtains data from other similar organizations in order to set the proper compensation level for the President. Form 990, Part VI, Section C, Line 19 A legal notice was published in the Metrowest/Milford Daily News alerting the public that they can contact the Foundation office to view these documents. The Collings Foundation 568 Main Street Hudson MA 01749 042658294 Living History Museum MA 501(c)(3) Private Operating N/A 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 1 1 The Collings Foundation m 85213 The related organization was the common paymaster through 12/31/22, which included the first month of this fiscal year. This is the amount of payroll allocable to Collings Foundation Inc. for that period. The Collings Foundation l 80845 Collings Foundation, Inc. became the common paymaster on 1/1/23, and this is the amount allocable to the related organization for the period 1/1/23 through 11/30/23. The Collings Foundation s 790090 The related organization transferred cash during the fiscal year under a temporary (open account) arrangement.