Salem Historical Society
- Assets
- $128.6k
- Revenue
- $86.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Salem, NH
- Founding
- 02/1960
- Data as of
- 12/2021
- EIN
- 02-6012753
Organization Overview
Salem Historical Society is located in Salem, NH. The organization was established in 1960. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Salem Historical Society is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Salem Historical Society generated $86.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.6% each year . All expenses for the organization totaled $91.0k during the year ending 12/2021. While expenses have increased by 10.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
MAINTAIN & PRESERVE THE HISTORICAL COLLECTION OF THE TOWN OF SALEM MUSEUM. EDUCATE THE PUBLIC, PRESENT PROGRAMS, TOURS AND LECTURES. PROVIDE HISTORICAL INFORMATION RELEVANT TO SALEM & SURROUNDING COMMUNITIES.
RESTORATION AND MAINTENANCE OF HISTORICAL TOWN PROPERTIES; GRAVESTONE RESTORATION, CEMETERY IMPROVEMENTS, HISTORICAL TOWN BUILDING MARKER, ROOF REPAIR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Flanagan President | 0 | $0 | |
Howard Glynn Vice President | 0 | $0 | |
Lorna Stickney Treasurer | 0 | $0 | |
Linda Moriarty Secretary | 0 | $0 | |
Daniel Zavisza Director | 0 | $0 | |
Anne Leclair Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,734 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $84,746 |
| Total Revenue | $86,480 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $36,594 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $52,857 |
| Total operating and administrative expenses | $90,951 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $90,951 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $78,439 |
| Savings and temporary cash investments | $50,149 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $128,588 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Marthas Vineyard Museum Inc Vineyard Haven, MA | $28,426,122 | $2,586,449 |
Friends Of Hildene Inc Manchester, VT | $15,529,063 | $5,299,027 |
Edith Wharton Restoration Inc Lenox, MA | $18,245,381 | $3,306,294 |
Concord Antiquarian Society Concord, MA | $23,141,155 | $2,972,281 |
Maine Historical Society Portland, ME | $13,012,568 | $2,642,638 |
Vermont Historical Society Barre, VT | $10,109,321 | $2,303,922 |
Marthas Vineyard Preservation Tr Inc Edgartown, MA | $22,708,847 | $3,056,624 |
Historic Harrisville Inc Harrisville, NH | $5,745,730 | $1,134,917 |
Paul Revere Memorial Assoc Corp Boston, MA | $14,236,555 | $1,864,510 |
Friends Of Mount Auburn Cemetery Cambridge, MA | $3,356,720 | $1,418,926 |
New England Electric Railway Historical Society Kennebunkport, ME | $8,628,809 | $3,104,228 |
Sandwich Historical Society Sandwich, MA | $1,684,446 | $969,978 |