TY 2021 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0047

2021

Open to Public Inspection

For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021

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 If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$3,078,043J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)		335,236
2	Check .............
3	Interest on savings and temporary cash investments		58		58	58
4	Dividends and interest from securities...		26,721		26,721	26,721
5a	Gross rents............		16,100			16,100
b	Net rental income or (loss) 12,510
6a	Net gain or (loss) from sale of assets not on line 10			96,723
b	Gross sales price for all assets on line 6a 102,090
7	Capital gain net income (from Part IV, line 2)...				96,723
8	Net short-term capital gain.........					0
9	Income modifications...........
10a	Gross sales less returns and allowances	4,035
b	Less: Cost of goods sold....	1,533
c	Gross profit or (loss) (attach schedule).....			2,502		2,502
11	Other income (attach schedule).......			22,532	0	22,532
12	Total. Add lines 1 through 11........		499,872		123,502	67,913
13	Compensation of officers, directors, trustees, etc.		78,395		0	0	78,395
14	Other employee salaries and wages......		153,577		0	0	153,577
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......			11,800	0	0	11,800
c	Other professional fees (attach schedule)....			1,420	0	0	1,420
17	Interest...............
18	Taxes (attach schedule) (see instructions)...
19	Depreciation (attach schedule) and depletion...			30,673	0	30,673
20	Occupancy..............
21	Travel, conferences, and meetings.......		2,439		0	0	2,439
22	Printing and publications..........
23	Other expenses (attach schedule).......			126,237	0	3,590	122,647
24	Total operating and administrative expenses.
	Add lines 13 through 23..........		404,541		0	34,263	370,278
25	Contributions, gifts, grants paid.......		0				0
26	Total expenses and disbursements. Add lines 24 and 25		404,541		0	34,263	370,278
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements		95,331
b	Net investment income (if negative, enter -0-)				123,502
c	Adjusted net income (if negative, enter -0-)...					33,650

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2021)

Form 990-PF (2021)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	194,236	135,728	135,728
	2	Savings and temporary cash investments.........	90,307	81,964	81,964
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............	2,353	3,530	3,530
	9	Prepaid expenses and deferred charges..........	1,132	1,152	1,152
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	1,707,898	2,071,638	2,071,638
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis 1,345,487
		Less: accumulated depreciation (attach schedule) 561,456	814,704	784,031	784,031
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	2,810,630	3,078,043	3,078,043
	17	Accounts payable and accrued expenses..........	5,012	1,423
	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 )	0	1,740
	23	Total liabilities (add lines 17 through 22).........	5,012	3,163
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	2,705,618	2,974,880
	25	Net assets with donor restrictions............	100,000	100,000
		Foundations that do not follow FASB ASC 958, check here
		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).....	2,805,618	3,074,880
	30	Total liabilities and net assets/fund balances (see instructions).	2,810,630	3,078,043

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

2,805,618

Enter amount from Part I, line 27a .....................

95,331

Other increases not included in line 2 (itemize) bullet

173,931

Add lines 1, 2, and 3 ..........................

3,074,880

Decreases not included in line 2 (itemize) bullet

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

3,074,880

Form 990-PF (2021)

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
1 a	NATIONAL FINANCIAL SERVICES	P
b	CAPITAL GAINS DIVIDENDS	P
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	7,962	5,367	2,595
b	94,128		94,128
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			2,595
b			94,128
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	96,723
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 ...................		3	0

Form 990-PF (2021)

Page 4

Part V

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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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	1,717
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	1,717
6	Credits/Payments:

a	2021 estimated tax payments and 2020 overpayment credited to 2021	6a
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c
d	Backup withholding erroneously withheld ...........	6d

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	23
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	1,740
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2022 estimated tax	Refunded	11

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

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 XIV..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.

If "Yes," complete Part XIII .............................

Yes

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2021)

Page 5

Part VI-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

WILLARDHOUSE.ORG

The books are in care of bullet

ROBERT CHENEY Telephone no. bullet

(508) 839-3500

Located at bullet

11 WILLARD STREETNORTH GRAFTONMA ZIP+4 bullet

01536

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

16 At any time during calendar year 2021, 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 VI-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

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? ...........

1a(1)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

(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)? ......................

1a(5)

(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.) ...............

1a(6)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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 2021? .............

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)):

At the end of tax year 2021, did the foundation have any undistributed income (lines 6d

and 6e, Part XII) for tax year(s) beginning before 2021?....................

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

If "Yes," did it have excess business holdings in 2021 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 2021.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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 2021? ..

Form 990-PF (2021)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive? ....................

5a(2)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals? .............

5a(5)

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 ........

Organizations relying on a current notice regarding disaster assistance check here ......... bullet

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).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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 VII

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-)
WAYNE ANDREWS	PRESIDENT 4.00	0
1193 POTTER LANE GALLATIN,TN37066	PRESIDENT 4.00	0
SUMNER TILTON	VICE-PRESIDENT 2.00	0
126 GREAT BAY ROAD OSTERVILLE,MA02655	VICE-PRESIDENT 2.00	0
ROBERT C CHENEY	TRUSTEE 40.00	78,395
19 BROOKFIELD ROAD BRIMFIELD,MA01010	TRUSTEE 40.00	78,395
CHARLES GRICHAR	TREASURER 4.00	0
303 GRACELAND STREET HOUSTON,TX77009	TREASURER 4.00	0
PAUL FOLEY	TRUSTEE 2.00	0
21 PINCHION VALE PLYMOUTH,MA02360	TRUSTEE 2.00	0
JANE ROBINSON	SECRETARY 2.00	0
115 OLD UPTON ROAD GRAFTON,MA01519	SECRETARY 2.00	0
GARY SULLIVAN	TRUSTEE 2.00	0
15 BELCHER STREET SHARON,MA02067	TRUSTEE 2.00	0
LEE ROBINSON	TRUSTEE 2.00	0
115 OLD UPTON ROAD GRAFTON,MA01519	TRUSTEE 2.00	0
RALPH H FLETCHER	TRUSTEE 2.00	0
387 CROTON LAKE ROAD MT KISCO,NY10549	TRUSTEE 2.00	0
KATHARINE GRANT	TRUSTEE 2.00	0
20 SACHEM STREET APT 2 BOSTON,MA02120	TRUSTEE 2.00	0
SANDRA LIOTUS	TRUSTEE 2.00	0
68 WILLIAM STREET NEWPORT,RI02840	TRUSTEE 2.00	0
JAMES TELFER	TRUSTEE 2.00	0
3338 CENTRAL STREET DEXTER,MI48130	TRUSTEE 2.00	0

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...................				0

Form 990-PF (2021)

Page 7

Part VII

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............. bullet

Part VIII-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	0
2


3


4

Part VIII-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......................... bullet

Form 990-PF (2021)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

1,985,637

Average of monthly cash balances.......................

143,814

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

2,129,451

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

2,129,451

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

31,942

Net value of noncharitable-use assets. Subtract line 4 from line 3. .......

2,097,509

Minimum investment return. Enter 5% (0.05) of line 5................

104,875

Part X

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.)

Minimum investment return from Part IX, line 6..................

Tax on investment income for 2021 from Part V, line 5.......

Income tax for 2021. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

Distributable amount before adjustments. Subtract line 2c from line 1............

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.

Form 990-PF (2021)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2020	(c) 2020	(d) 2021
1 Distributable amount for 2021 from Part X, line 7
2 Undistributed income, if any, as of the end of 2021:
a Enter amount for 2020 only.......
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2021:
a From 2016......
b From 2017......
c From 2018......
d From 2019......
e From 2020......
f Total of lines 3a through e ........
4Qualifying distributions for 2021 from Part
XI, line 4: $
a Applied to 2020, 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 2021 distributable amount.....
e Remaining amount distributed out of corpus
5 Excess distributions carryover applied to 2021.
(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 2021. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2022 ..........
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 2016 not applied on line 5 or line 7 (see instructions) ...
9 Excess distributions carryover to 2022. Subtract lines 7 and 8 from line 6a ......
10 Analysis of line 9:
a Excess from 2017....
b Excess from 2018....
c Excess from 2019....
d Excess from 2020....
e Excess from 2021....

Form 990-PF (2021)

Page 10

Part XIII

Private Operating Foundations (see instructions and Part VI-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 2021, 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 4942(j)(3) or4942(j)(5)

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) 2021	(b) 2020	(c) 2019	(d) 2018	(e) Total
	33,650	22,957	49,236	56,679	162,522
b 85% (0.85) of line 2a .........	28,603	19,513	41,851	48,177	138,144
c Qualifying distributions from Part XI, line 4 for each year listed .....	370,278	185,723	323,987	311,190	1,191,178
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 ....	370,278	185,723	323,987	311,190	1,191,178
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	7,966,521
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)		2,810,630	2,616,352	2,539,539	7,966,521
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, 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 XIV

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

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 (2021)

Page 11

Part XIV

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year

Total ................................. 3a				0

bApproved for future payment

Total ................................. 3b				0

Form 990-PF (2021)

Page 12

Part XV-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	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....					1,492
3 Interest on savings and temporary cash investments ...........					58
4 Dividends and interest from securities ....
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....	531110	12,510
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	94,128	2,595
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory					2,502
11 Other revenue: aADMISSIONS					4,461
bDEACCESSIONS INCOME					16,579
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		12,510		120,849	27,687

13Total. Add line 12, columns (b), (d), and (e)..................

161,046

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-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 (2021)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2021)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2021

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

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

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

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... 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) (2021)

Schedule B (Form 990) (2021) 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	$ 30,000		Person Payroll Noncash (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	$ 10,000		Person Payroll Noncash (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	$ 96,678		Person Payroll Noncash (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	$ 10,000		Person Payroll Noncash (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		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
6	WILLIAM J MCKEE FOUNDATION 370 MAIN STREET 12TH FLOOR WORCESTER, MA01608	$ 30,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

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	LEE AND JANE ROBINSON 115 OLD UPTON ROAD GRAFTON, MA01519	$ 20,000		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
		$		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
		$		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
		$		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
		$		Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions		(d) Type of contribution
		$		Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

Schedule B (Form 990) (2021)

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) (2021)

Schedule B (Form 990) (2021)

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.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose 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

(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

(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

(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) (2021)

Additional Data

Software ID:
Software Version:

- TIN:

TY 2021 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	7,000	0	0	7,000
M LOVE & ASSOCIATES LLC	4,800	0	0	4,800

- TIN:

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

TY 2021 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	Adjusted Net Income
BUILDING	1986-01-01	170,524	170,524	SL	19.000000000000	0	0
ADDITION	1990-01-01	40,673	39,377	SL	31.500000000000	646	646
ROOF COPPER SNOW GUARDS	2014-10-30	3,163	503	SL	39.000000000000	81	81
OIL BURNER	2014-12-11	3,800	586	SL	39.000000000000	97	97
BARN FLOOR	2015-12-01	11,837	1,533	SL	39.000000000000	304	304
HVAC	2016-03-22	44,375	5,454	SL	39.000000000000	1,138	1,138
FIR GUTTER MAIN GALLERY	2006-11-24	1,062	1,062	SL	7.000000000000	0	0
CHAIRS BOOKCASE	2007-11-10	1,962	1,962	SL	7.000000000000	0	0
HOT WATER HEATER	2013-01-03	900	675	SL	10.000000000000	90	90
GALLERY LIGHTING	2013-09-05	33,282	33,282	200DB	7.000000000000	0	0
NEW ROOF	1989-01-01	3,000	2,947	SL	31.500000000000	0	0
IMPROVEMENTS	1992-01-01	10,845	9,806	SL	31.500000000000	344	344
STONE WALL	1996-02-29	3,871	3,871	SL	10.000000000000	0	0
PATIO IMPROVEMENTS	1996-02-29	2,810	2,810	SL	39.000000000000	0	0
RENOVATIONS	1996-09-30	23,155	14,404	SL	39.000000000000	594	594
CEDAR SIDING	1997-09-18	68,003	40,547	SL	39.000000000000	1,744	1,744
FURNACE	1997-05-29	1,976	1,184	SL	39.000000000000	51	51
ROOF AND DOWNSPOUTS	1997-12-31	12,289	7,324	SL	39.000000000000	315	315
STONE FOUNDATION	1997-10-30	620	372	SL	39.000000000000	16	16
M HOUSE CONNECTOR	1997-11-07	4,200	2,510	SL	39.000000000000	108	108
WINDOW RESTORATION	1997-11-17	535	325	SL	39.000000000000	14	14
MAJOR REPAIRS	1997-11-18	3,499	2,092	SL	39.000000000000	90	90
CONDUCTORS	1998-06-30	3,183	1,824	SL	39.000000000000	82	82
GUTTER SYSSTEM	1998-05-31	21,899	12,487	SL	39.000000000000	562	562
CORNICE AND PIPES	1998-06-16	3,762	2,137	SL	39.000000000000	96	96
MOTION DETECTORS	1998-09-24	838	838	SL	5.000000000000	0	0
REDWOOD CONDUCTOR HEAD	1998-06-25	2,382	1,358	SL	39.000000000000	61	61
WIRING	1998-06-18	2,937	1,669	SL	39.000000000000	75	75
FLOORING	1998-09-30	23,902	13,639	SL	39.000000000000	613	613
GIFT SHOP WINDOW	1998-10-28	2,221	1,268	SL	39.000000000000	57	57
SEPTIC SYSTEM	1999-09-12	11,425	11,382	SL	20.000000000000	0	0
WINDOWS	2000-04-20	6,512	3,381	SL	39.000000000000	167	167
INSULATION	2000-05-05	1,800	932	SL	39.000000000000	46	46
WINDOWS	2000-06-08	850	446	SL	39.000000000000	22	22
CUTTERS	2000-06-08	5,991	3,119	SL	39.000000000000	154	154
STORM WINDOWS	2000-06-29	772	405	SL	39.000000000000	20	20
FOUNDATION WORK	2000-10-24	1,575	810	SL	39.000000000000	40	40
WINDOWS	2000-11-07	4,979	2,592	SL	39.000000000000	128	128
COTTAGE ROOF	2001-08-24	14,607	7,265	SL	39.000000000000	375	375
WATER TREATMENT	2002-02-14	2,855	1,378	SL	39.000000000000	73	73
WORK SHOP	2001-06-30	180	98	SL	39.000000000000	5	5
FIRE DETECTION SYS	2002-12-06	2,486	2,486	SL	15.000000000000	0	0
WORKSHOP PLUMBING	2003-10-03	1,800	792	SL	39.000000000000	46	46
BATHROOM RENOVATIONS	2004-05-05	1,594	685	SL	39.000000000000	41	41
WINDOW CASINGS	2004-05-05	1,565	665	SL	39.000000000000	40	40
BUILDING IMPROVEMENTS	2004-07-02	1,180	494	SL	39.000000000000	30	30
BUILDING IMPROVEMENTS	2005-06-28	30,909	12,325	SL	39.000000000000	793	793
WALKWAYS	2005-06-16	18,920	7,538	SL	39.000000000000	485	485
GARDEN WALKWAY & BENCH	2006-04-29	3,011	1,133	SL	39.000000000000	77	77
ROOF	2007-05-11	9,616	3,365	SL	39.000000000000	247	247
FRONT ENTRANCE IMPROVEMENT	2007-10-05	8,091	2,734	SL	39.000000000000	207	207
STORAGE CLOSET	2007-10-20	3,360	1,136	SL	39.000000000000	86	86
WATER MAIN	2008-08-29	26,788	8,502	SL	39.000000000000	687	687
ROOF	2012-03-31	144,900	32,507	SL	39.000000000000	3,715	3,715
FURNACE	2013-03-15	3,664	732	SL	39.000000000000	94	94
SIDING ON COTTAGE	2013-10-24	29,684	5,486	SL	39.000000000000	761	761
AC UNIT WIRING	2016-03-29	7,955	978	SL	39.000000000000	204	204
PAVING	2017-07-11	22,620	5,278	SL	15.000000000000	1,508	1,508
LAND	1986-01-01	339,150		L		0	0
SECURITY SYSTEM	2006-08-24	15,304	15,304	200DB	5.000000000000	0	0
WATER PUMP	2012-01-05	1,486	1,486	SL	7.000000000000	0	0
GARAGE DOOR	2012-08-01	950	950	SL	7.000000000000	0	0
ASPHAULT CHIPSEAL	2019-08-15	10,808	1,021	SL	15.000000000000	721	721
COMPUTER SYSTEM	2019-10-25	80,661	13,444	SL	7.000000000000	11,523	11,523
PRESSURE TANK	2019-03-22	912	319	SL	5.000000000000	182	182
DISPLAY CASE	2019-08-09	3,600	728	SL	7.000000000000	514	514
TOILET TABLE	2019-08-21	922	176	SL	7.000000000000	132	132
KEEPING ROOM LIGHTING SANDRA LOITUS LIGHTING	2020-02-13	14,500	341	SL	39.000000000000	372	372

- TIN:

TY 2021 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	2,071,638	2,071,638

- TIN:

TY 2021 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	40,023	650	650
ROOF COPPER SNOW GUARDS	3,163	584	2,579	2,579
OIL BURNER	3,800	683	3,117	3,117
BARN FLOOR	11,837	1,837	10,000	10,000
HVAC	44,375	6,592	37,783	37,783
FIR GUTTER MAIN GALLERY	1,062	1,062	0	0
CHAIRS BOOKCASE	1,962	1,962	0	0
HOT WATER HEATER	900	765	135	135
GALLERY LIGHTING	33,282	33,282	0	0
NEW ROOF	3,000	2,947	53	53
IMPROVEMENTS	10,845	10,150	695	695
STONE WALL	3,871	3,871	0	0
PATIO IMPROVEMENTS	2,810	2,810	0	0
RENOVATIONS	23,155	14,998	8,157	8,157
CEDAR SIDING	68,003	42,291	25,712	25,712
FURNACE	1,976	1,235	741	741
ROOF AND DOWNSPOUTS	12,289	7,639	4,650	4,650
STONE FOUNDATION	620	388	232	232
M HOUSE CONNECTOR	4,200	2,618	1,582	1,582
WINDOW RESTORATION	535	339	196	196
MAJOR REPAIRS	3,499	2,182	1,317	1,317
CONDUCTORS	3,183	1,906	1,277	1,277
GUTTER SYSSTEM	21,899	13,049	8,850	8,850
CORNICE AND PIPES	3,762	2,233	1,529	1,529
MOTION DETECTORS	838	838	0	0
REDWOOD CONDUCTOR HEAD	2,382	1,419	963	963
WIRING	2,937	1,744	1,193	1,193
FLOORING	23,902	14,252	9,650	9,650
GIFT SHOP WINDOW	2,221	1,325	896	896
SEPTIC SYSTEM	11,425	11,382	43	43
WINDOWS	6,512	3,548	2,964	2,964
INSULATION	1,800	978	822	822
WINDOWS	850	468	382	382
CUTTERS	5,991	3,273	2,718	2,718
STORM WINDOWS	772	425	347	347
FOUNDATION WORK	1,575	850	725	725
WINDOWS	4,979	2,720	2,259	2,259
COTTAGE ROOF	14,607	7,640	6,967	6,967
WATER TREATMENT	2,855	1,451	1,404	1,404
WORK SHOP	180	103	77	77
FIRE DETECTION SYS	2,486	2,486	0	0
WORKSHOP PLUMBING	1,800	838	962	962
BATHROOM RENOVATIONS	1,594	726	868	868
WINDOW CASINGS	1,565	705	860	860
BUILDING IMPROVEMENTS	1,180	524	656	656
BUILDING IMPROVEMENTS	30,909	13,118	17,791	17,791
WALKWAYS	18,920	8,023	10,897	10,897
GARDEN WALKWAY & BENCH	3,011	1,210	1,801	1,801
ROOF	9,616	3,612	6,004	6,004
FRONT ENTRANCE IMPROVEMENT	8,091	2,941	5,150	5,150
STORAGE CLOSET	3,360	1,222	2,138	2,138
WATER MAIN	26,788	9,189	17,599	17,599
ROOF	144,900	36,222	108,678	108,678
FURNACE	3,664	826	2,838	2,838
SIDING ON COTTAGE	29,684	6,247	23,437	23,437
AC UNIT WIRING	7,955	1,182	6,773	6,773
PAVING	22,620	6,786	15,834	15,834
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	1,742	9,066	9,066
COMPUTER SYSTEM	80,661	24,967	55,694	55,694
PRESSURE TANK	912	501	411	411
DISPLAY CASE	3,600	1,242	2,358	2,358
TOILET TABLE	922	308	614	614
KEEPING ROOM LIGHTING SANDRA LOITUS LIGHTING	14,500	713	13,787	13,787

- TIN:

TY 2021 OtherExpensesSchedule

Name:

WILLARD HOUSE & CLOCK MUSEUM INC

EIN:

04-2671799

Description	Revenue and Expenses per Books	Adjusted Net Income	Disbursements for Charitable Purposes
ADVERTISING	7,323	0	7,323
CONSERVATION & RESTORATION	5,843	0	5,843
DUES & SUBSCRIPTIONS	671	0	671
INSURANCE	20,260	0	20,260
MUSEUM SUPPLIES AND EXPENSE	19,928	0	19,928
PAYROLL BENEFITS	4,838	0	4,838
PAYROLL TAXES	17,746	0	17,746
REPAIRS AND MAINTENANCE	16,131	0	16,131
SECURITY	10,962	0	10,962
SPECIAL EVENTS	4,528	0	4,528
TAXES	2,781	0	2,781
TELEPHONE	3,986	0	3,986
UTILITIES	7,650	0	7,650
COTTAGE RENTAL EXPENSES	3,590	3,590	0

- TIN:

TY 2021 OtherIncomeSchedule2

Name:

WILLARD HOUSE & CLOCK MUSEUM INC

EIN:

04-2671799

Description	Revenue And Expenses Per Books	Adjusted Net Income
ADMISSIONS	4,461	4,461
DEACCESSIONS INCOME	16,579	16,579
MEMBERSHIP DUES AND ASSESSMENTS	1,492	1,492

- TIN:

TY 2021 OtherIncreasesSchedule

Name:

WILLARD HOUSE & CLOCK MUSEUM INC

EIN:

04-2671799

Description	Amount
NET UNREALIZED GAINS OR LOSSES ON INVESTMENTS	173,931

- TIN:

TY 2021 OtherLiabilitiesSchedule

Name:

WILLARD HOUSE & CLOCK MUSEUM INC

EIN:

04-2671799

Description	Beginning of Year - Book Value	End of Year - Book Value
FEDERAL TAX ACCRUAL	0	1,740

- TIN:

TY 2021 OtherProfessionalFeesSchedule

Name:

WILLARD HOUSE & CLOCK MUSEUM INC

EIN:

04-2671799

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
OTHER	1,420	0	0	1,420