THE WALDEN WOODS PROJECT

EIN: 954292658 501(c)(3) Arts, Culture & Humanities

LINCOLN, MA

Total Revenue
$7,218,989
Total Expenses
$1,992,384
Total Assets
$38,674,801
Net Assets
$38,596,856
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
CA
Principal Officer
KATHLEEN R ANDERSON
Phone
7812594700
Tax Period
2023-01-01 to 2023-12-31

THE WALDEN WOODS PROJECT, founded in 1990, is a community nonprofit in the Arts, Culture & Humanities sector that reported $7.2M in total revenue in fiscal year 2023. Revenue surged 377% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5.2M, a strong 72% operating margin.

Mission

SEE PART 1, LINE 1

Program Service Accomplishments

Program 1
Expenses: $672,328

CONSERVATION & LAND MANAGEMENTTHE WALDEN WOODS PROJECT PRESERVES AND PROTECTS WALDEN WOODS AND THOREAU COUNTRY IN RECOGNITION OF THEIR WORLDWIDE LITERARY, HISTORICAL, AND ENVIRONMENTAL SIGNIFICANCE...

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CONSERVATION & LAND MANAGEMENTTHE WALDEN WOODS PROJECT PRESERVES AND PROTECTS WALDEN WOODS AND THOREAU COUNTRY IN RECOGNITION OF THEIR WORLDWIDE LITERARY, HISTORICAL, AND ENVIRONMENTAL SIGNIFICANCE AND THEIR CAPACITY TO MOTIVATE OTHERS TO PROTECT THE GLOBAL ENVIRONMENT AND THE ECOLOGICALLY/HISTORICALLY SIGNIFICANT AREAS THAT EXIST IN THEIR OWN COMMUNITIES.THE WALDEN WOODS PROJECT OWNS AND STEWARDS NEARLY 200 ACRES OF LAND THAT PROVIDES AN IMPORTANT SERVICE TO THE PUBLIC AS A HIGHLY SOUGHT-AFTER RESOURCE FOR PASSIVE RECREATION AND EDUCATION. THE MAJORITY OF OUR LAND IS OPEN TO THE PUBLIC YEAR-ROUND, AND OUR INTERPRETIVE TRAILS ARE USED EXTENSIVELY BY THE GENERAL PUBLIC AND A WIDE VARIETY OF ORGANIZED GROUPS, INCLUDING SCHOOL GROUPS, ELDER SERVICES GROUPS, AND TOURISTS. MANAGEMENT ACTIVITIES INCLUDE MAINTENANCE OF EXISTING TRAILS, TRAIL DESIGN, INTERPRETATION AND CONSTRUCTION, MAINTENANCE OF TRAIL HEAD PARKING FACILITIES, AND ECOLOGICAL IMPROVEMENTS INTENDED TO BENEFIT WILDLIFE AND THE NATURAL VALUE OF OUR LAND.THE PROJECT'S LAND MANAGEMENT PROGRAMS SUPPORT COLLABORATION BETWEEN A WIDE VARIETY OF CIVIC AND ENVIRONMENTAL GROUPS.THE WALDEN WOODS PROJECT MANAGES CONSERVATION RESTRICTIONS ON 53.90 ACRES OF LAND, WHICH PREVENTS DEVELOPMENT OF SITES NOT OWNED IN FEE (TOTAL ACRES OWNED IN FEE: 130.30). ANNUAL CONSERVATION RESTRICTION MONITORING ENSURES THAT THE PROTECTIONS PRESCRIBED IN THE CONSERVATION RESTRICTIONS ARE IN EFFECT.THE LAND WE OWN AND MANAGE INCLUDES A CERTIFIED ORGANIC FARM THAT OFFERS HEALTHY, LOCALLY GROWN PRODUCE FOR PUBLIC CONSUMPTION AND THAT HOSTS EDUCATIONAL PROGRAMMING AND VOLUNTEER SERVICE PROJECTS. IN ITS CAPACITY AS THE STATE-DESIGNATED "FRIENDS OF WALDEN POND," THE WALDEN WOODS PROJECT PARTNERS WITH THE MASSACHUSETTS DEPARTMENT OF CONSERVATION AND RECREATION ON FUNDRAISING FOR PUBLIC PROGRAMS AND CONSERVATION INITIATIVES AT THE WALDEN POND STATE RESERVATION.

Program 2
Expenses: $400,616

EDUCATION:THE EDUCATION PROGRAMS OF THE WALDEN WOODS PROJECT SERVE AN AUDIENCE OF STUDENTS, EDUCATORS, AND LIFE-LONG LEARNERS AROUND THE GLOBE. OUR SIGNATURE PROGRAMS INCLUDE GUIDED TOURS FOR GROUPS...

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EDUCATION:THE EDUCATION PROGRAMS OF THE WALDEN WOODS PROJECT SERVE AN AUDIENCE OF STUDENTS, EDUCATORS, AND LIFE-LONG LEARNERS AROUND THE GLOBE. OUR SIGNATURE PROGRAMS INCLUDE GUIDED TOURS FOR GROUPS VISITING WALDEN WOODS; THE GLOBAL LIVE DELIBERATELY ESSAY CONTEST FOR YOUTH AGES 14-19; APPROACHING WALDEN, A WEEK-LONG SUMMER PROFESSIONAL DEVELOPMENT PROGRAM FOR TEACHERS; OTHER PROFESSIONAL DEVELOPMENT WORKSHOPS THROUGHOUT THE YEAR; VIRTUAL GROUP VISITS, AND THE STEWARDSHIP LECTURE SERIES. ALL OF OUR PROGRAMS ARE INSPIRED BY THE WRITINGS AND PHILOSOPHIES OF HENRY DAVID THOREAU AND ASK PEOPLE TO EXPLORE THEIR OWN SENSE OF PLACE-THEIR CONNECTION TO THEIR OWN COMMUNITY AND OTHER PLACES IN THE WORLD-AND TO DEVELOP AN ENVIRONMENTAL ETHIC. AS THOREAU HIMSELF IS A HIGHLY INTERDISCIPLINARY SUBJECT, WE ADDRESS THE TOPICS OF TRANSCENDENTALISM, SOCIAL REFORM, WRITING, NATURAL HISTORY AND 19-CENTURY HISTORY IN OUR PROGRAMS.

Program 3
Expenses: $438,244

RESEARCH AND LIBRARY:THE WALDEN WOODS PROJECT LIBRARY IS OWNED AND MANAGED BY THE WALDEN WOODS PROJECT AND IS LOCATED AT THE WWP'S CAMPUS IN LINCOLN, MASSACHUSETTS. THE LIBRARY HOUSES THE MOST...

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RESEARCH AND LIBRARY:THE WALDEN WOODS PROJECT LIBRARY IS OWNED AND MANAGED BY THE WALDEN WOODS PROJECT AND IS LOCATED AT THE WWP'S CAMPUS IN LINCOLN, MASSACHUSETTS. THE LIBRARY HOUSES THE MOST COMPREHENSIVE RESEARCH COLLECTION BY AND ABOUT HENRY DAVID THOREAU, AS WELL AS OTHER TRANSCENDENTALISTS, INCLUDING RALPH WALDO EMERSON AND MARGARET FULLER, AND IS THE REPOSITORY FOR THE COLLECTIONS OF THE THOREAU SOCIETY, THE RALPH WALDO EMERSON SOCIETY, AND THE MARGARET FULLER SOCIETY. IN 2023 THE WALDEN WOODS PROJECT REVISED ITS LOAN AGREEMENT WITH THE THOREAU SOCIETY TO BECOME THE PERMANENT REPOSITORY FOR ITS COLLECTIONS. STAFFED BY A FULL-TIME CURATOR & THOREAU SCHOLAR, AND A HALF-TIME CURATORIAL ASSISTANT, THE LIBRARY IS THE PREMIERE RESOURCE ON A GLOBAL BASIS FOR RESEARCH AND SCHOLARSHIP ON THOREAU AND HIS CONTEMPORARIES. THE LIBRARY WORKED WITH SIX VOLUNTEERS THIS YEAR WHO HAVE AN INTEREST IN THE HISTORY AND LITERATURE OF THOREAU'S TIME. EVERY YEAR BRINGS NEW PEOPLE WITH VARYING INTERESTS TO THE WALDEN WOODS PROJECT LIBRARY, WHETHER IN-PERSON OR VIRTUALLY. TRANSLATORS FROM AROUND THE WORLD HAVE WORKED WITH THE CURATOR TO PROVIDE ACCURATE AND REPRESENTATIVE TRANSLATIONS. OUR VIRTUAL CLASSROOM SESSIONS BRING OUR CURATOR INTO SCHOOLS AROUND THE WORLD, REACHING HUNDREDS OF STUDENTS IN 2023. WE CONTINUE TO PUBLISH MANY WORKS ELECTRONICALLY TO ENSURE THAT OUR RESOURCES REACH THE LARGEST NUMBER OF SCHOLARS AND STUDENTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $6,499,446
Program Service Revenue $0
Investment Income $697,032
Other Revenue $22,511
TOTAL REVENUE $7,218,989

Expense Breakdown

Grants Paid $4,000
Salaries & Benefits $788,844
Fundraising Expenses $112,297
Program Expenses $1,511,188
Other Expenses $1,199,540
TOTAL EXPENSES $1,992,384

Year-over-Year Comparison

2023 2022 Change
Revenue $7,218,989 $1,514,673 +3.8%
Expenses $1,992,384 $1,889,486 +0.1%
Net Income $5,226,605 $-374,813 -14.9%
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
8
Independent Members
7
Employees
19
Volunteers
44

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
3
$140,599
Total Directors
8
$140,599
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHLEEN ANDERSON SECRETARY/EXEC. DIRECTOR 40.00
Officer Director
$133,904 $6,695 $140,599
DONALD HENLEY PRESIDENT 6.00
Officer Director
$0 $0 $0
THOMAS O JONES TREASURER 1.00
Officer Director
$0 $0 $0
ANNA WINTER RASMUSSEN BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN P DEVILLARS BOARD MEMBER 1.00
Director
$0 $0 $0
ED BEGLEY JR BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN H TYSON BOARD MEMBER 1.00
Director
$0 $0 $0
ELIZABETH LACK BOARD MEMBER 1.00
Director
$0 $0 $0
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
2024 No data No data No data No data
2023 $7,218,989 $1,992,384 $38,674,801 $5,226,605
2022 $1,514,673 $1,889,486 $31,764,064 $-374,813
2021 $4,882,487 $1,677,146 $35,108,433 $3,205,341
2020 $1,509,891 $1,468,397 $31,144,806 $41,494
2019 $3,690,338 $3,629,796 $29,804,042 $60,542
2018 $1,557,302 $1,953,576 $28,203,920 $-396,274
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