PROPRIETORS OF MOUNT AUBURN CEMETERY

EIN: 041641320

CAMBRIDGE, MA

Total Revenue
$26,278,744
Total Expenses
$19,334,693
Total Assets
$309,656,492
Net Assets
$308,503,736
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Financial Trends

Organization Details

Formation Year
1831
Legal Domicile
MA
Principal Officer
MATTHEW STEPHENS
Phone
6176071924
Tax Period
2024-04-01 to 2025-03-31

PROPRIETORS OF MOUNT AUBURN CEMETERY, founded in 1831, is a mid-sized nonprofit that reported $26.3M in total revenue in fiscal year 2024. Revenue surged 40% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6.9M, a strong 26% operating margin.

Mission

REFLECTING THE 1831 VISION OF ITS FOUNDERS, MOUNT AUBURN COMMEMORATES THE DEAD IN A LANDSCAPE OF EXCEPTIONAL BEAUTY AND TRANQUILITY; PROVIDING COMFORT AND INSPIRATION TO THE BEREAVED AND THE PUBLIC AS A WHOLE; PROTECTS AND IMPROVES ITS HISTORIC LANDSCAPE, MONUMENTS, ARCHITECTURE, HORTICULTURE AND NATURAL RESOURCES, AND; PROVIDES COMPREHENSIVE CEMETERY SERVICES OF THE HIGHEST STANDARD TO PERSONS OF ALL FAITHS IN SO FAR AS SUCH SERVICES ARE CONSISTENT WITH THE PROTECTION AND PRESERVATION OF MOUNT AUBURN.

Program Service Accomplishments

Program 1

COMMEMORATED THE DEAD IN SURROUNDINGS OF EXCEPTIONAL BEAUTY AND TRANQUILITY THAT PROVIDE COMFORT AND INSPIRATION TO THE BEREAVED AND THE PUBLIC AS A WHOLE.

Program 2

PROTECTED AND IMPROVED MOUNT AUBURN AS AN HISTORIC GARDEN CEMETERY, PRESERVING ITS MONUMENTS AND ARCHITECTURE WHILE ENHANCING ITS HORTICULTURE AND NATURAL RESOURCES.

Program 3

PROVIDED COMPREHENSIVE CEMETERY SERVICES OF THE HIGHEST STANDARD TO PERSONS OF ALL FAITHS CONSISTENT WITH THE PROTECTION AND PRESERVATION OF MOUNT AUBURN.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $69
Program Service Revenue $3,778,098
Investment Income $18,126,386
Other Revenue $4,374,191
TOTAL REVENUE $26,278,744

Expense Breakdown

Grants Paid $5,000
Salaries & Benefits $11,459,839
Fundraising Expenses $0
Other Expenses $7,869,854
TOTAL EXPENSES $19,334,693

Year-over-Year Comparison

2024 2023 Change
Revenue $26,278,744 $18,707,864 +0.4%
Expenses $19,334,693 $18,430,146 +0.0%
Net Income $6,944,051 $277,718 +24.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
21
Independent Members
20
Employees
173
Volunteers
77

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
10
$1,506,472
Total Directors
21
$406,381
Key Employees
1
$248,919
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATTHEW STEPHENS PRESIDENT & CEO 35.00
Officer Director
$368,805 $37,576 $406,381
DEAN HARA CHAIR 3.14
Officer Director
$0 $0 $0
PHILIP LAIRD SECRETARY 0.56
Officer Director
$0 $0 $0
SEAN MCDONNELL TREASURER 0.70
Officer Director
$0 $0 $0
ELIZA ANDERSON TRUSTEE 0.88
Director
$0 $0 $0
TODD BASNIGHT TRUSTEE 0.25
Director
$0 $0 $0
LINDSAY LEARD COOLIDGE TRUSTEE 0.37
Director
$0 $0 $0
JOHN CORCORAN TRUSTEE 0.56
Director
$0 $0 $0
REBECCA GARDNER CAMPBELL TRUSTEE 0.10
Director
$0 $0 $0
JAMES HUNNEWELL TRUSTEE 0.52
Director
$0 $0 $0
PATRICIA JACOBY TRUSTEE 0.89
Director
$0 $0 $0
PATRICIA JAO TRUSTEE 0.46
Director
$0 $0 $0
PAUL KUENSTNER TRUSTEE 0.94
Director
$0 $0 $0
JAMES LEVITTT TRUSTEE 0.63
Director
$0 $0 $0
CHRISTINA MANN TRUSTEE 0.66
Director
$0 $0 $0
SUSAN ELDREDGE MEAD TRUSTEE 0.73
Director
$0 $0 $0
TONY MORRIS TRUSTEE 0.76
Director
$0 $0 $0
CAROLINE MORTIMER TRUSTEE 0.48
Director
$0 $0 $0
NEILS PEETZ-LARSEN TRUSTEE 0.42
Director
$0 $0 $0
RICHARD PEISER TRUSTEE 0.33
Director
$0 $0 $0
FRANKLIN REECE TRUSTEE 0.74
Director
$0 $0 $0
JOHN AUSTIN JR VP OF FINANCE 50.00
Officer
$189,728 $15,820 $205,548
HELEN TELFER VP OF FINANCE, PEOPLE, & CULTURE 50.00
Officer
$17,053 $2,387 $19,440
RONNIT BENDAVID-VAL VP OF HORTICULTURE AND LANDSCAPE 50.00
Officer
$169,520 $14,479 $183,999
BETH BROWN VP OF INSTITUTIONAL ADVANCEMENT 0.00
Officer
$234,235 $30,910 $265,145
CHARLES FRASER VP OF PRESERVATION AND FACILITIES 50.00
Officer
$168,493 $32,920 $201,413
BREE HARVEY VP OF CEMETERY AND VISITOR SERVICES 50.00
Officer
$192,748 $31,798 $224,546
ANN SWEENEY VP OF PEOPLE AND CULTURE 50.00
Key Emp
$225,513 $23,406 $248,919
AMANDA BOSCIA DIRECTOR OF CEMETERY SERVICES 40.00
Highest
$113,620 $12,245 $125,865
STEPHEN BROWN SENIOR DIR., CEMETERY INITATIVES AND STRATEGIC 40.00
Highest
$111,439 $23,164 $134,603
JESSICA BUSSMAN DIRECTOR OF EDUCATION AND VISITOR SERVICES 40.00
Highest
$114,222 $12,913 $127,135
MARGARET WINSLOW CURATOR OF HISTORICAL COLLECTIONS 40.00
Highest
$125,402 $5,003 $130,405
ROY HAWES DIRECTOR OF CEMETERY OPERATIONS 40.00
Highest
$120,825 $12,533 $133,358
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $26,278,744 $19,334,693 $309,656,492 $6,944,051
2024 $18,707,864 $18,430,146 $305,946,171 $277,718
2023 $14,612,512 $16,803,137 $287,571,562 $-2,190,625
2022 $17,833,298 $12,879,920 $307,764,438 $4,953,378
2021 $53,908,609 $12,252,440 $293,266,135 $41,656,169
2020 $14,784,128 $12,173,881 $221,691,873 $2,610,247
2019 $15,600,265 $11,408,129 $237,061,531 $4,192,136
2018 $21,064,737 $11,566,545 $229,741,130 $9,498,192
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