Thetford Historical Society Inc
- Assets
- $1.5m
- Revenue
- $60.1k
- Investments
- $908.7k
- Employees
- 1
- Location
- Thetford, VT
- Founding
- 11/1972
- Data as of
- 12/2021
- EIN
- 03-6012814
Organization Overview
Thetford Historical Society Inc is located in Thetford, VT. The organization was established in 1972. 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. Thetford Historical Society Inc 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, Thetford Historical Society Inc generated $60.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $44.7k during the year ending 12/2021. While expenses have increased by 4.0% 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
TO COLLECT, PRESERVE, AND DISPLAY INFORMATION AND ARTIFACTS CONNECTED WITH THE HISTORY OF THETFORD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE THS LIBRARY WAS NOT OPEN TO THE PUBLIC, AS OUR BUILDING WAS CLOSED. WE DID PROVIDE ASSISTANCE TO INDIVIDUALS LOOKING INTO FAMILY GENEALOGY AND OTHER TOPICS. WE ASSISTED STUDENTS AT THETFORD ACADEMY WITH THEIR CURRICULUM. WE RESPONDED TO PHONE AND E-MAIL REQUESTS SEVERAL TIMES EACH WEEK. IN-PERSON VISITING WAS RESTORED LATE IN 2021.
THE THS BARN MUSEUM HAS BEEN RECOVERING FROM A 2016 FLOOD AND A 2019 CAR ACCIDENT. THERE WERE NO PROGRAMS OR OPEN HOURS IN 2021. BOARD MEMBERS AND VOLUNTEERS WORKED TO PREPARE A NEW EXHIBIT SPACE. THE THS COLLECTION CONSISTS OF ANTIQUE FURNITURE, FARM IMPLEMENTS, AND ARTWORK WHICH IS HOUSED IN THE BARN MUSEUM AND HISTORICAL LIBRARY. THE ENTIRE COLLECTION IS AVAILABLE FOR USE BY SCHOLARS, SCHOOL CHILDREN, AND ANYONE WITH AN INTEREST IN HISTORY.
DUE TO THE PANDEMIC, PROGRAM OFFERINGS WERE SEVERELY RESTRICTED. WE HAD TWO ZOOM PROGRAMS IN 2021 - LINDA RADTKE SPEAKING ON WOMEN'S SUFFRAGE AND HOWARD COFFIN SPEAKING ON VERMONT WOMEN AND THE CIVIL WAR. WE ALSO SUPPORTED THE SAYRE BRIDGE SIGN PROJECT ($2,014).
OTHER MISC ACTIVITIES INVESTMENT INCOME INVESTMENT INCOME
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martha Howard Director | OfficerTrustee | 15 | $27,000 |
Marshall Van Norden President | OfficerTrustee | 4 | $0 |
Sally Duston Vice President | OfficerTrustee | 2 | $0 |
Brigid Guttmacher Treasurer | OfficerTrustee | 3 | $0 |
Steve Niederhauser Secretary | OfficerTrustee | 1 | $0 |
Tara Pacht Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $765 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $250 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,910 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,925 |
| Total Program Service Revenue | $350 |
| Investment income | $23,616 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $32,029 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $60,093 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $400 |
| 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. | $27,000 |
| 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 | $2,066 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $108 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $248 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $655 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $44,661 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,875 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $908,734 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $566,700 |
| Total assets | $1,495,309 |
| Accounts payable and accrued expenses | $1,506 |
| Grants payable | $0 |
| Deferred revenue | $3,178 |
| 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 | $4,684 |
| Net assets without donor restrictions | $1,120,870 |
| Net assets with donor restrictions | $369,755 |
| 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 | $1,495,309 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Thetford Historical Society Inc has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Endowment Analysis
| Beg. Balance | $351,315 |
| Earnings | $40,659 |
| Admin Expense | $3,019 |
| Other Expense | $19,200 |
| Ending Balance | $369,755 |
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 |