Vermont Historical Society
- Assets
- $10.1m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 19
- Location
- Barre, VT
- Founding
- 07/1943
- Data as of
- 06/2021
- EIN
- 03-0179602
Organization Overview
Vermont Historical Society is located in Barre, VT. The organization was established in 1943. 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. As of 06/2021, Vermont Historical Society employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vermont 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 06/2021, Vermont Historical Society generated $2.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $2.0m during the year ending 06/2021. While expenses have increased by 1.0% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE VERMONT HISTORICAL SOCIETY ENGAGES BOTH VERMONTERS AND "VERMONTERS-AT- HEART" ON THE EXPLORATION OF OUR STATE'S RICH HERITAGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOCIETY'S PROGRAMS PROVIDE MATERIALS TO VERMONT SCHOOLS FOR TEACHING STUDENTS VERMONT HISTORY. MATERIALS INCLUDE ARTIFACT KITS, CURRICULUM GUIDES, A TIME LINE, AND A LENDING LIBRARY OF BOOKS RELATED TO VERMONT HISTORY. TOURS OF THE HISTORY MUSEUM ARE CONDUCTED FOR STUDENTS VISITING THE MUSEUM. SEVERAL PUBLIC PROGRAMS AND SEMINARS ARE CONDUCTED EACH YEAR TO EDUCATE THE PUBLIC ABOUT VERMONT'S PAST, ITS PEOPLE, AND THE PRESERVATION OF HISTORY. THE SOCIETY PUBLISHES AND SELLS A SCHOLARLY JOURNAL AND PERIODIC BOOKS ON ASPECTS OF VERMONT HISTORY.
THE LIBRARY COLLECTS VERMONT BOOKS, MAGAZINES, MANUSCRIPTS, MAPS, BROADSIDES, PHOTOGRAPHS, AND EPHEMERA. IT ALSO CONTAINS A GENEALOGICAL COLLECTION RELATED TO VERMONT AND NEW ENGLAND FAMILIES AS WELL AS LOCAL HISTORY FOR OTHER NEW ENGLAND STATES, NEW YORK, AND LOWER CANADA. THE LIBRARY COLLECTIONS ARE PRESERVED FOR FUTURE GENERATIONS AND ARE MADE AVAILABLE TO THE PUBLIC FOR RESEARCH. THE LIBRARY PERSONNEL PROVIDE RESEARCH ASSISTANCE AND ADVISE THE PUBLIC ON CARING FOR COLLECTIONS AND PRESERVING THE STATE'S HISTORY. THE STAFF ALSO SPEAK TO LOCAL, PROFESSIONAL AND SPECIAL INTEREST GROUPS ON GENEALOGICAL, BIBLIOGRAPHICAL, AND HISTORICAL TOPICS.
THE MUSEUM COLLECTS ITEMS MADE IN VERMONT OR BY VERMONTERS OR THOSE WITH A LONG HISTORY OF USE BY PEOPLE LIVING HERE. THE SOCIETY PRESERVES THESE COLLECTIONS FOR FUTURE GENERATIONS. THE INFORMATION CONTAINED IN THE COLLECTIONS IS DISSEMINATED THROUGH LONG-TERM AND TEMPORARY EXHIBITS TO EDUCATE VERMONTERS AND VISITORS ABOUT THE HISTORY OF THE STATE OF VERMONT. THE MUSEUM COLLECTIONS ARE ALSO MADE AVAILABLE FOR RESEARCH. MUSEUM PERSONNEL PROVIDE TECHNICAL ASSISTANCE TO OTHER ORGANIZATIONS AND INDIVIDUALS REGARDING THE CARE OF COLLECTIONS, EXHIBIT INSTALLATION AND IDENTIFICATION OF OBJECTS. MUSEUM PERSONNEL ALSO SPEAK TO LOCAL GROUPS ON VERMONT HISTORY.
VERMONT HISTORY BOOKSTORE: IN THE VERMONT HISTORY BOOKSTORE, THE SOCIETY SELLS BOOKS ABOUT VERMONT, VERMONT HISTORY AND THE PEOPLE, TOWNS AND COMMUNITIES OF VERMONT. THE PURPOSE OF THE BOOKSTORE IS TO EDUCATE PEOPLE AROUND THE WORLD ON THE STATE OF VERMONT AND ITS HISTORY. PUBLICATIONS: THE SOCIETY PRODUCES VARIOUS PUBLICATIONS ON VERMONT'S HISTORY FOR DISTRIBUTION TO THE GENERAL PUBLIC AND ITS MEMBERSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Perkins Exec. Dir/se | Officer | 40 | $121,500 |
Barbara Mieder President | OfficerTrustee | 1 | $0 |
S Crocker Bennett II First Vice-P | OfficerTrustee | 1 | $0 |
Donald Miller Vice Preside | OfficerTrustee | 1 | $0 |
Dawn Schneidernman Treasurer | OfficerTrustee | 1 | $0 |
Jan Albers Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,373,047 |
| All other contributions, gifts, grants, and similar amounts not included above | $583,570 |
| Noncash contributions included in lines 1a–1f | $88,567 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,956,617 |
| Total Program Service Revenue | $34,358 |
| Investment income | $51,548 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $191,134 |
| Net Gain/Loss on Asset Sales | $55,375 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $14,890 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,303,922 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $142,703 |
| Compensation of current officers, directors, key employees. | $71,352 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $662,434 |
| Pension plan accruals and contributions | $128,661 |
| Other employee benefits | $61,431 |
| Payroll taxes | $57,756 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,442 |
| Fees for services: Other | $61,751 |
| Advertising and promotion | $5,248 |
| Office expenses | $71,512 |
| Information technology | $42,690 |
| Royalties | $0 |
| Occupancy | $429,511 |
| Travel | $10,919 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $324 |
| Interest | $44,689 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $261,400 |
| Insurance | $25,639 |
| All other expenses | $0 |
| Total functional expenses | $2,049,282 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $73,056 |
| Savings and temporary cash investments | $535,265 |
| Pledges and grants receivable | $119,580 |
| Accounts receivable, net | $203 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,735 |
| Prepaid expenses and deferred charges | $23,481 |
| Net Land, buildings, and equipment | $6,347,774 |
| Investments—publicly traded securities | $2,787,445 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $217,782 |
| Total assets | $10,109,321 |
| Accounts payable and accrued expenses | $134,974 |
| Grants payable | $0 |
| Deferred revenue | $14,970 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,066,421 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,216,365 |
| Net assets without donor restrictions | $7,682,740 |
| Net assets with donor restrictions | $1,210,216 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,109,321 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Vermont Historical Society has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Cooper Family Foundation Inc South Burlington, VT PURPOSE: GENERAL SUPPORT | $2,000 |
Endowment Analysis
| Beg. Balance | $2,180,626 |
| Earnings | $496,105 |
| Net Contributions | $10,969 |
| Ending Balance | $2,687,700 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hamilton-Madison House Inc New York, NY | $11,830,050 | $17,173,913 |
Buffalo Olmsted Parks Conservancy Inc Buffalo, NY | $5,280,478 | $5,712,316 |
New York Landmarks Conservancy Inc New York, NY | $20,181,669 | $5,556,998 |
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 |
Galvan Initiatives Foundation New York, NY | $45,061,487 | $6,375,160 |
Concord Antiquarian Society Concord, MA | $23,141,155 | $2,972,281 |
Lake George Association Inc Lake George, NY | $20,500,954 | $6,877,319 |
Royal Oak Foundation Inc New York, NY | $7,446,621 | $2,765,681 |
Vermont Historical Society Barre, VT | $10,109,321 | $2,303,922 |
Adirondack Railway Preservation Society Utica, NY | $2,682,180 | $3,406,896 |