Dorset Historical Society
- Assets
- $1.4m
- Revenue
- $823.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Dorset, VT
- Founding
- 09/1977
- Data as of
- 12/2021
- EIN
- 03-0262977
Organization Overview
Dorset Historical Society is located in Dorset, VT. The organization was established in 1977. 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. Dorset 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, Dorset Historical Society generated $823.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 54.9% each year . All expenses for the organization totaled $88.5k during the year ending 12/2021. While expenses have increased by 21.6% per year over the past 7 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 MISSION IS TO DEVELOP AND PRESERVE THE HISTORY OF DORSET, ITS EVIRONS AND ITS PEOPLE
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOCIETY HOUSES LOCAL HISTORICAL MATERIAL IN ITS MUSEUM PERTAINING TO DORSET, VT WHICH IT DISPLAYS ON A REVOLVING BASIS, SPONSORS VARIOUS GUEST SPEAKERS WHO MAKE PRESENTATIONS OF HISTORICAL INTEREST, AND PROVIDES A RESOURCE FOR DORSET STUDENTS AND RESIDENTS. THE SOCIETY ALSO KEEPS THE TOWN RECORDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Rodenburg President | Officer | 2 | $0 |
Megan Thorn Vice President | Officer | 2 | $0 |
Erica Shott Secretary | Officer | 2 | $0 |
William Childs Asst Treasurer | Officer | 2 | $0 |
Mary Stevenson Treasurer | Officer | 2 | $0 |
Rache Simmons Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $50,760 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $7,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $753,777 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $812,037 |
| Total Program Service Revenue | $0 |
| Investment income | $11,527 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $823,564 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $30,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,955 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $549 |
| Advertising and promotion | $2,272 |
| Office expenses | $1,095 |
| Information technology | $560 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,078 |
| Insurance | $3,644 |
| All other expenses | $3,451 |
| Total functional expenses | $88,490 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $56,302 |
| Savings and temporary cash investments | $900,685 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $91,173 |
| Investments—publicly traded securities | $158,965 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $226,415 |
| Total assets | $1,433,540 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $16,415 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $16,415 |
| Net assets without donor restrictions | $1,417,125 |
| Net assets with donor restrictions | $0 |
| 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 | $1,433,540 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Dorset Historical Society has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
W James And Jane K Truettner Foundation Crested Butte, CO PURPOSE: GENERAL SUPPORT | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Colonial Farmhouse Restoration Society Of Bellerose Inc Floral Park, NY | $3,034,093 | $2,477,433 |