Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
WILLARD HOUSE & CLOCK MUSEUM INC
 
Number and street (or P.O. box number if mail is not delivered to street address)11 WILLARD STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NORTH GRAFTON, MA01536
A Employer identification number

04-2671799
B Telephone number (see instructions)

(508) 839-3500
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$2,810,630J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 238,644
2 Check bullet.............
3 Interest on savings and temporary cash investments 72 72 72
4 Dividends and interest from securities... 27,606 27,606 27,606
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 40,594
b Gross sales price for all assets on line 6a 114,360
7 Capital gain net income (from Part IV, line 2)... 40,594
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 28,098 0 28,098
12 Total. Add lines 1 through 11........ 335,014 68,272 55,776
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 78,395 0 0 0
14 Other employee salaries and wages...... 80,230 0 0 80,230
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 6,000 0 0 6,000
c Other professional fees (attach schedule).... Click to see attachment 163 0 0 163
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion... Click to see attachment 32,819 0 32,819
20 Occupancy..............        
21 Travel, conferences, and meetings....... 1,360 0 0 1,360
22 Printing and publications.......... 3,100 0 0 3,100
23 Other expenses (attach schedule)....... Click to see attachment 95,848 0 0 94,870
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 297,915 0 32,819 185,723
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 297,915 0 32,819 185,723
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 37,099
b Net investment income (if negative, enter -0-) 68,272
c Adjusted net income (if negative, enter -0-)... 22,957
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 45,124 194,236 194,236
2 Savings and temporary cash investments......... 114,960 90,307 90,307
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use.............. 3,308 2,353 2,353
9 Prepaid expenses and deferred charges.......... 1,139 1,132 1,132
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 1,618,798 Click to see attachment1,707,898 1,707,898
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet1,345,487
Less: accumulated depreciation (attach schedule) bullet530,783 833,023 Click to see attachment814,704 814,704
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,616,352 2,810,630 2,810,630
Liabilities 17 Accounts payable and accrued expenses.......... 10,700 5,012
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 10,700 5,012
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 2,505,652 2,705,618
25 Net assets with donor restrictions............ 100,000 100,000
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 2,605,652 2,805,618
30 Total liabilities and net assets/fund balances (see instructions). 2,616,352 2,810,630
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
2,605,652
2
Enter amount from Part I, line 27a .....................
2
37,099
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
162,867
4
Add lines 1, 2, and 3 ..........................
4
2,805,618
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
2,805,618
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a NATIONAL FINANCIAL SERVICES P    
b CAPITAL GAINS DIVIDENDS P    
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 89,886   73,766 16,120
b 24,474     24,474
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       16,120
b       24,474
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 40,594
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3 0
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 949
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 949
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 949
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 0
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 19
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 968
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
     
    No
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
    Yes
     
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWILLARDHOUSE.ORG
    14
    The books are in care ofbulletROBERT CHENEY Telephone no.bullet (508) 839-3500

    Located atbullet11 WILLARD STREETNORTH GRAFTONMA ZIP+4bullet01536
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    WAYNE ANDREWS PRESIDENT
    4.00     		0 0 0
    1193 POTTER LANE
    GALLATIN,TN37066
    SUMNER TILTON VICE-PRESIDENT
    2.00     		0 0 0
    126 GREAT BAY ROAD
    OSTERVILLE,MA02655
    ROBERT C CHENEY TRUSTEE
    40.00     		0 0 0
    19 BROOKFIELD ROAD
    BRIMFIELD,MA01010
    RICHARD CURRIER TRUSTEE
    2.00     		0 0 0
    487 GREEN STREET
    NORTHBOROUGH,MA01532
    MEGAN BLOMGREN BURGESS TRUSTEE
    2.00     		0 0 0
    96 EAGLE ROAD
    WORCESTER,MA01605
    LARRY CHELMOW TRUSTEE
    2.00     		0 0 0
    399 CHAPMAN STREET
    CANTON,MA02021
    CHARLES GRICHAR TREASURER
    4.00     		0 0 0
    303 GRACELAND STREET
    HOUSTON,TX77009
    JOHN LOSCH TRUSTEE
    2.00     		0 0 0
    2345 WASHINGTON STREET
    HOLLISTON,MA01746
    ARTHUR RICHMOND TRUSTEE
    2.00     		0 0 0
    PO BOX 2025
    PURCELLVILLE,VA20134
    PAUL FOLEY TRUSTEE
    2.00     		0 0 0
    21 PINCHION VALE
    PLYMOUTH,MA02360
    JANE ROBINSON SECRETARY
    2.00     		0 0 0
    115 OLD UPTON ROAD
    GRAFTON,MA01519
    GARY SULLIVAN TRUSTEE
    2.00     		0 0 0
    15 BELCHER STREET
    SHARON,MA02067
    LEE ROBINSON TRUSTEE
    2.00     		0 0 0
    115 OLD UPTON ROAD
    GRAFTON,MA01519
    RALPH H FLETCHER TRUSTEE
    2.00     		78,395 0 0
    387 CROTON LAKE ROAD
    MT KISCO,NY10549
    KATHARINE GRANT TRUSTEE
    2.00     		0 0 0
    20 SACHEM STREET APT 2
    BOSTON,MA02120
    SANDRA LIOTUS TRUSTEE
    2.00     		0 0 0
    68 WILLIAM STREET
    NEWPORT,RI02840
    JAMES TELFER TRUSTEE
    2.00     		0 0 0
    3338 CENTRAL STREET
    DEXTER,MI48130
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 TO MAINTAIN THE OPERATING ASSETS OF THE MUSEUM 243,133
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    1,567,918
    b
    Average of monthly cash balances.......................
    1b
    171,265
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,739,183
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    1,739,183
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    26,088
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,713,095
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    85,655
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
     
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
     
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    185,723
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    185,723
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    185,723
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7  
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$  
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2020.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		 
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
    1979-11-16
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
    22,957 49,236 56,679 0 128,872
    b 85% of line 2a ......... 19,513 41,851 48,177 0 109,541
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		185,723 323,987 311,190 299,752 1,120,652
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		0 0 0 0 0
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		185,723 323,987 311,190 299,752 1,120,652
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ...... 2,810,630 2,616,352 2,539,539 2,854,652 10,821,173
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		 2,810,630 2,616,352 2,539,539 2,854,652 10,821,173
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		        0
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		        0
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		        0
    (3) Largest amount of support
    from an exempt organization    		         0
    (4) Gross investment income         0
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Total .................................bullet 3a 0
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....         2,427
    3 Interest on savings and temporary cash
    investments ...........     		        72
    4 Dividends and interest from securities....     14 27,606  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    14 24,474 16,120
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aADMISSIONS     		        1,741
    bRENTAL INCOME NON INVESTMENT         16,800
    cGIFT SHOP         3,074
    dDEACCESSIONS INCOME         4,056
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 52,080 44,290
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    96,370
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    11 ALL REVENUE ABOVE IS NECESSARY FOR THE MUSEUM TO CONTINUE TO EDUCATE THE GENERAL PUBLIC ABOUT THE HISTORICAL AND SCIENTIFIC IMPORTANCE OF ITS HOROLOGICAL COLLECTION
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    WILLARD HOUSE & CLOCK MUSEUM INC
     
    Employer identification number

    04-2671799
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    WILLARD HOUSE & CLOCK MUSEUM INC
          		Employer identification number
    04-2671799
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    HIGGINS FOUNDATION
     
    370 MAIN STREET
     
    WORCESTER, MA01608

    		$ 60,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    WAYNE ANDREWS
    1193 POTTER LANE
     
    GALLATIN, TN37066

    		$ 16,556


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    DAVE NEWSOM
    33 WINSTON ROAD
     
    HOLLISTON, MA01746

    		$ 10,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    CHARLES GRICHAR
    303 GRACELAND STREET
     
    HOUSTON, TX77009

    		$ 16,554


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
    MILDRED H MCEVOY FOUNDATION
     
    370 MAIN STREET 12TH FLOOR
     
    WORCESTER, MA01608

    		$ 30,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    6
    FLETCHER FOUNDATION
     
    370 MAIN STREET 12TH FLOOR
     
    WORCESTER, MA01608

    		$ 10,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    WILLARD HOUSE & CLOCK MUSEUM INC
          		Employer identification number
    04-2671799
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    7
    HOCHE SCOFIELD FOUNDATION
     
    370 MAIN STREET 12TH FLOOR
     
    WORCESTER, MA01608

    		$ 10,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    WILLARD HOUSE & CLOCK MUSEUM INC
          		Employer identification number

    04-2671799
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    WILLARD HOUSE & CLOCK MUSEUM INC
          		Employer identification number

    04-2671799
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    WILLARD HOUSE & CLOCK MUSEUM INC
    EIN:
    04-2671799
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BENEDETTO, GEAGAN & KING 6,000 0 0 6,000

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2020 DepreciationSchedule
    Name:
    WILLARD HOUSE & CLOCK MUSEUM INC
    EIN:
    04-2671799
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    BUILDING 1986-01-01 170,524 170,524 SL 19.000000000000 0 0 0  
    ADDITION 1990-01-01 40,673 38,086 SL 31.500000000000 1,291 0 1,291  
    ROOF COPPER SNOW GUARDS 2014-10-30 3,163 422 SL 39.000000000000 81 0 81  
    OIL BURNER 2014-12-11 3,800 489 SL 39.000000000000 97 0 97  
    BARN FLOOR 2015-12-01 11,837 1,229 SL 39.000000000000 304 0 304  
    HVAC 2016-03-22 44,375 4,316 SL 39.000000000000 1,138 0 1,138  
    FIR GUTTER MAIN GALLERY 2006-11-24 1,062 1,062 SL 7.000000000000 0 0 0  
    CHAIRS BOOKCASE 2007-11-10 1,962 1,962 SL 7.000000000000 0 0 0  
    HOT WATER HEATER 2013-01-03 900 585 SL 10.000000000000 90 0 90  
    GALLERY LIGHTING 2013-09-05 33,282 31,798 200DB 7.000000000000 1,484 0 1,484  
    NEW ROOF 1989-01-01 3,000 2,899 SL 31.500000000000 48 0 48  
    IMPROVEMENTS 1992-01-01 10,845 9,462 SL 31.500000000000 344 0 344  
    STONE WALL 1996-02-29 3,871 3,871 SL 10.000000000000 0 0 0  
    PATIO IMPROVEMENTS 1996-02-29 2,810 2,810 SL 39.000000000000 0 0 0  
    RENOVATIONS 1996-09-30 23,155 13,810 SL 39.000000000000 594 0 594  
    CEDAR SIDING 1997-09-18 68,003 38,803 SL 39.000000000000 1,744 0 1,744  
    FURNACE 1997-05-29 1,976 1,133 SL 39.000000000000 51 0 51  
    ROOF AND DOWNSPOUTS 1997-12-31 12,289 7,009 SL 39.000000000000 315 0 315  
    STONE FOUNDATION 1997-10-30 620 356 SL 39.000000000000 16 0 16  
    M HOUSE CONNECTOR 1997-11-07 4,200 2,402 SL 39.000000000000 108 0 108  
    WINDOW RESTORATION 1997-11-17 535 311 SL 39.000000000000 14 0 14  
    MAJOR REPAIRS 1997-11-18 3,499 2,002 SL 39.000000000000 90 0 90  
    CONDUCTORS 1998-06-30 3,183 1,742 SL 39.000000000000 82 0 82  
    GUTTER SYSSTEM 1998-05-31 21,899 11,925 SL 39.000000000000 562 0 562  
    CORNICE AND PIPES 1998-06-16 3,762 2,041 SL 39.000000000000 96 0 96  
    MOTION DETECTORS 1998-09-24 838 838 SL 5.000000000000 0 0 0  
    REDWOOD CONDUCTOR HEAD 1998-06-25 2,382 1,297 SL 39.000000000000 61 0 61  
    WIRING 1998-06-18 2,937 1,594 SL 39.000000000000 75 0 75  
    FLOORING 1998-09-30 23,902 13,026 SL 39.000000000000 613 0 613  
    GIFT SHOP WINDOW 1998-10-28 2,221 1,211 SL 39.000000000000 57 0 57  
    SEPTIC SYSTEM 1999-09-12 11,425 11,382 SL 20.000000000000 0 0 0  
    WINDOWS 2000-04-20 6,512 3,214 SL 39.000000000000 167 0 167  
    INSULATION 2000-05-05 1,800 886 SL 39.000000000000 46 0 46  
    WINDOWS 2000-06-08 850 424 SL 39.000000000000 22 0 22  
    CUTTERS 2000-06-08 5,991 2,965 SL 39.000000000000 154 0 154  
    STORM WINDOWS 2000-06-29 772 385 SL 39.000000000000 20 0 20  
    FOUNDATION WORK 2000-10-24 1,575 770 SL 39.000000000000 40 0 40  
    WINDOWS 2000-11-07 4,979 2,464 SL 39.000000000000 128 0 128  
    COTTAGE ROOF 2001-08-24 14,607 6,890 SL 39.000000000000 375 0 375  
    WATER TREATMENT 2002-02-14 2,855 1,305 SL 39.000000000000 73 0 73  
    WORK SHOP 2001-06-30 180 93 SL 39.000000000000 5 0 5  
    FIRE DETECTION SYS 2002-12-06 2,486 2,486 SL 15.000000000000 0 0 0  
    WORKSHOP PLUMBING 2003-10-03 1,800 746 SL 39.000000000000 46 0 46  
    BATHROOM RENOVATIONS 2004-05-05 1,594 644 SL 39.000000000000 41 0 41  
    WINDOW CASINGS 2004-05-05 1,565 625 SL 39.000000000000 40 0 40  
    BUILDING IMPROVEMENTS 2004-07-02 1,180 464 SL 39.000000000000 30 0 30  
    BUILDING IMPROVEMENTS 2005-06-28 30,909 11,532 SL 39.000000000000 793 0 793  
    WALKWAYS 2005-06-16 18,920 7,053 SL 39.000000000000 485 0 485  
    GARDEN WALKWAY & BENCH 2006-04-29 3,011 1,056 SL 39.000000000000 77 0 77  
    ROOF 2007-05-11 9,616 3,118 SL 39.000000000000 247 0 247  
    FRONT ENTRANCE IMPROVEMENT 2007-10-05 8,091 2,527 SL 39.000000000000 207 0 207  
    STORAGE CLOSET 2007-10-20 3,360 1,050 SL 39.000000000000 86 0 86  
    WATER MAIN 2008-08-29 26,788 7,815 SL 39.000000000000 687 0 687  
    ROOF 2012-03-31 144,900 28,792 SL 39.000000000000 3,715 0 3,715  
    FURNACE 2013-03-15 3,664 638 SL 39.000000000000 94 0 94  
    SIDING ON COTTAGE 2013-10-24 29,684 4,725 SL 39.000000000000 761 0 761  
    AC UNIT WIRING 2016-03-29 7,955 774 SL 39.000000000000 204 0 204  
    PAVING 2017-07-11 22,620 3,770 SL 15.000000000000 1,508 0 1,508  
    LAND 1986-01-01 339,150   L   0 0 0  
    SECURITY SYSTEM 2006-08-24 15,304 15,304 200DB 5.000000000000 0 0 0  
    WATER PUMP 2012-01-05 1,486 1,486 SL 7.000000000000 0 0 0  
    GARAGE DOOR 2012-08-01 950 950 SL 7.000000000000 0 0 0  
    ASPHAULT CHIPSEAL 2019-08-15 10,808 300 SL 15.000000000000 721 0 721  
    COMPUTER SYSTEM 2019-10-25 80,661 1,921 SL 7.000000000000 11,523 0 11,523  
    PRESSURE TANK 2019-03-22 912 137 SL 5.000000000000 182 0 182  
    DISPLAY CASE 2019-08-09 3,600 214 SL 7.000000000000 514 0 514  
    TOILET TABLE 2019-08-21 922 44 SL 7.000000000000 132 0 132  
    KEEPING ROOM LIGHTING SANDRA LOITUS LIGHTING 2020-02-13 14,500   SL 39.000000000000 341 0 341  

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    WILLARD HOUSE & CLOCK MUSEUM INC
    EIN:
    04-2671799
    Name of Stock End of Year Book Value End of Year Fair Market Value
    COMMONWEALTH FINANCIAL 1,707,898 1,707,898

    TY 2020 LandEtcSchedule2
    Name:
    WILLARD HOUSE & CLOCK MUSEUM INC
    EIN:
    04-2671799
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    BUILDING 170,524 170,524 0 0
    ADDITION 40,673 39,377 1,296 1,296
    ROOF COPPER SNOW GUARDS 3,163 503 2,660 2,660
    OIL BURNER 3,800 586 3,214 3,214
    BARN FLOOR 11,837 1,533 10,304 10,304
    HVAC 44,375 5,454 38,921 38,921
    FIR GUTTER MAIN GALLERY 1,062 1,062 0 0
    CHAIRS BOOKCASE 1,962 1,962 0 0
    HOT WATER HEATER 900 675 225 225
    GALLERY LIGHTING 33,282 33,282 0 0
    NEW ROOF 3,000 2,947 53 53
    IMPROVEMENTS 10,845 9,806 1,039 1,039
    STONE WALL 3,871 3,871 0 0
    PATIO IMPROVEMENTS 2,810 2,810 0 0
    RENOVATIONS 23,155 14,404 8,751 8,751
    CEDAR SIDING 68,003 40,547 27,456 27,456
    FURNACE 1,976 1,184 792 792
    ROOF AND DOWNSPOUTS 12,289 7,324 4,965 4,965
    STONE FOUNDATION 620 372 248 248
    M HOUSE CONNECTOR 4,200 2,510 1,690 1,690
    WINDOW RESTORATION 535 325 210 210
    MAJOR REPAIRS 3,499 2,092 1,407 1,407
    CONDUCTORS 3,183 1,824 1,359 1,359
    GUTTER SYSSTEM 21,899 12,487 9,412 9,412
    CORNICE AND PIPES 3,762 2,137 1,625 1,625
    MOTION DETECTORS 838 838 0 0
    REDWOOD CONDUCTOR HEAD 2,382 1,358 1,024 1,024
    WIRING 2,937 1,669 1,268 1,268
    FLOORING 23,902 13,639 10,263 10,263
    GIFT SHOP WINDOW 2,221 1,268 953 953
    SEPTIC SYSTEM 11,425 11,382 43 43
    WINDOWS 6,512 3,381 3,131 3,131
    INSULATION 1,800 932 868 868
    WINDOWS 850 446 404 404
    CUTTERS 5,991 3,119 2,872 2,872
    STORM WINDOWS 772 405 367 367
    FOUNDATION WORK 1,575 810 765 765
    WINDOWS 4,979 2,592 2,387 2,387
    COTTAGE ROOF 14,607 7,265 7,342 7,342
    WATER TREATMENT 2,855 1,378 1,477 1,477
    WORK SHOP 180 98 82 82
    FIRE DETECTION SYS 2,486 2,486 0 0
    WORKSHOP PLUMBING 1,800 792 1,008 1,008
    BATHROOM RENOVATIONS 1,594 685 909 909
    WINDOW CASINGS 1,565 665 900 900
    BUILDING IMPROVEMENTS 1,180 494 686 686
    BUILDING IMPROVEMENTS 30,909 12,325 18,584 18,584
    WALKWAYS 18,920 7,538 11,382 11,382
    GARDEN WALKWAY & BENCH 3,011 1,133 1,878 1,878
    ROOF 9,616 3,365 6,251 6,251
    FRONT ENTRANCE IMPROVEMENT 8,091 2,734 5,357 5,357
    STORAGE CLOSET 3,360 1,136 2,224 2,224
    WATER MAIN 26,788 8,502 18,286 18,286
    ROOF 144,900 32,507 112,393 112,393
    FURNACE 3,664 732 2,932 2,932
    SIDING ON COTTAGE 29,684 5,486 24,198 24,198
    AC UNIT WIRING 7,955 978 6,977 6,977
    PAVING 22,620 5,278 17,342 17,342
    LAND 339,150 0 339,150 339,150
    SECURITY SYSTEM 15,304 15,304 0 0
    WATER PUMP 1,486 1,486 0 0
    GARAGE DOOR 950 950 0 0
    ASPHAULT CHIPSEAL 10,808 1,021 9,787 9,787
    COMPUTER SYSTEM 80,661 13,444 67,217 67,217
    PRESSURE TANK 912 319 593 593
    DISPLAY CASE 3,600 728 2,872 2,872
    TOILET TABLE 922 176 746 746
    KEEPING ROOM LIGHTING SANDRA LOITUS LIGHTING 14,500 341 14,159 14,159


    TY 2020 OtherExpensesSchedule
    Name:
    WILLARD HOUSE & CLOCK MUSEUM INC
    EIN:
    04-2671799
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADVERTISING 2,126 0 0 2,126
    CONSERVATION & RESTORATION 1,246 0 0 1,246
    DUES & SUBSCRIPTIONS 1,014 0 0 1,014
    INSURANCE 19,818 0 0 19,818
    OFFICE SUPPLIES AND EXPENSE 12,487 0 0 12,487
    POSTAGE 1,571 0 0 1,571
    PAYROLL TAXES 12,135 0 0 12,135
    REPAIRS AND MAINTENANCE 24,767 0 0 24,767
    SECURITY 6,630 0 0 6,630
    SPECIAL EVENTS 60 0 0 60
    TELEPHONE 4,380 0 0 4,380
    UTILITIES 7,470 0 0 7,470
    GIFT SHOP SUPPLIES 1,166 0 0 1,166
    PENALTIES 978 0 0 0


    TY 2020 OtherIncomeSchedule2
    Name:
    WILLARD HOUSE & CLOCK MUSEUM INC
    EIN:
    04-2671799
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ADMISSIONS 1,741   1,741
    RENTAL INCOME NON INVESTMENT 16,800   16,800
    GIFT SHOP 3,074   3,074
    DEACCESSIONS INCOME 4,056   4,056
    MEMBERSHIP DUES AND ASSESSMENTS 2,427   2,427


    TY 2020 OtherIncreasesSchedule
    Name:
    WILLARD HOUSE & CLOCK MUSEUM INC
    EIN:
    04-2671799
    Description Amount
    NET UNREALIZED GAINS OR LOSSES ON INVESTMENTS 162,867


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    WILLARD HOUSE & CLOCK MUSEUM INC
    EIN:
    04-2671799
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER 163 0 0 163