Old Dartmouth Historical Society
- Assets
- $38.2m
- Revenue
- $7.7m
- Investments
- $0.0
- Employees
- 62
- Location
- New Bedford, MA
- Founding
- 04/1932
- Data as of
- 12/2023
- EIN
- 04-2104805
Organization Overview
Old Dartmouth Historical Society, operating under the name The New Bedford Whaling Museum, is located in New Bedford, MA. The organization was established in 1932. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, New Bedford Whaling Museum employed 62 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Bedford Whaling Museum 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 12/2023, New Bedford Whaling Museum generated $7.7m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $6.4m during the year ending 12/2023. While expenses have increased by 5.3% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE SOCIETYS MISSION IS TO IGNITE LEARNING THROUGH EXPLORATIONS OF ART, HISTORY, SCIENCE AND CULTURE ROOTED IN THE STORIES OF PEOPLE, THE REGION AND AN INTERNATIONAL SEAPORT.
Describe the Organization's Program Activity:
EXHIBITIONS RELATED TO THE WHALING HISTORY, WHALE ECOLOGY, FINE AND DECORATIVE ARTS, AND THE HISTORY OF THE OLD DARTMOUTH REGION THAT INSPIRE VISITORS TO REFLECT ON THE COMPLEX ISSUES THAT SHAPED THE PAST AND REMAIN RELEVANT TODAY. SCHOLARSHIP, PUBLICATIONS AND WEB CONTENT THAT SHOWCASE EXCEPTIONAL RESEARCH AND COMMUNICATE THE MUSEUMS MISSION TO A WORLDWIDE AUDIENCE. COLLECTIONS MANAGEMENT THAT INCLUDES CONSERVATION, PRESERVATION, RECORD KEEPING, LOANS AND ACQUISITIONS OF ARTIFACTS IN THE MUSEUM COLLECTIONS, WHICH ARE INTEGRAL TO THE MUSEUMS MISSION AND STORYTELLING.
EDUCATIONAL PROGRAMMING IN THE SUBJECTS OF WHALING HISTORY, OCEAN SCIENCE, WHALE BIOLOGY, ART HISTORY, AND THE HISTORY OF THE OLD DARTMOUTH REGION THAT PROVIDE A MEANINGFUL EXPERIENCE FOR STUDENTS, EDUCATORS, SCHOLARS AND ENTHUSIASTS AND FOSTER A COMMUNITY OF LIFELONG LEARNING.
MEMBER AND COMMUNITY PROGRAMS THAT ENGAGE THE PUBLIC IN THE MISSION OF THE SOCIETY. LIBRARY AND RESEARCH OPERATIONS THAT PROVIDE RESOURCES FOR THE PUBLIC IN THEIR PURSUIT OF INFORMATION ABOUT THE HISTORY OF THE WHALING INDUSTRY, CITY OF NEW BEDFORD, MASSACHUSETTS AND RELATED SUBJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amanda Mcmullen President & Chief Executive O | 40 | $300,501 | |
Michelle Taylor Chief Administrative Officer | Officer | 40 | $165,712 |
Naomi Slipp PHD Crocker Endowed Chair-Chief C | Officer | 40 | $153,431 |
Emily Mead Director Of Philanthropy | Officer | 40 | $136,321 |
Maria Rosario Trustee | Trustee | 2 | $0 |
Brian Rothschild PHD Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $196,690 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $940,340 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,771,357 |
| Noncash contributions included in lines 1a–1f | $472,592 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,908,387 |
| Total Program Service Revenue | $1,200,014 |
| Investment income | $397,148 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$10,895 |
| Net Gain/Loss on Asset Sales | $145,848 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $19,918 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,664,413 |
| 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. | $755,964 |
| Compensation of current officers, directors, key employees. | $231,005 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,492,504 |
| Pension plan accruals and contributions | $61,175 |
| Other employee benefits | $226,222 |
| Payroll taxes | $202,144 |
| Fees for services: Management | $180,965 |
| Fees for services: Legal | $1,625 |
| Fees for services: Accounting | $36,073 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,800 |
| Advertising and promotion | $170,640 |
| Office expenses | $39,203 |
| Information technology | $139,789 |
| Royalties | $0 |
| Occupancy | $752,598 |
| Travel | $5,832 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $71,574 |
| Interest | $3,741 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,045,982 |
| Insurance | $120,820 |
| All other expenses | $492,127 |
| Total functional expenses | $6,409,797 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,618 |
| Savings and temporary cash investments | $935,573 |
| Pledges and grants receivable | $2,189,930 |
| Accounts receivable, net | $1,292,921 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $138,263 |
| Prepaid expenses and deferred charges | $170,058 |
| Net Land, buildings, and equipment | $14,043,520 |
| Investments—publicly traded securities | $18,577,693 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $847,620 |
| Total assets | $38,197,196 |
| Accounts payable and accrued expenses | $226,589 |
| Grants payable | $0 |
| Deferred revenue | $682,602 |
| 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 | $155,786 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $133,358 |
| Total liabilities | $1,198,335 |
| Net assets without donor restrictions | $28,142,269 |
| Net assets with donor restrictions | $8,856,592 |
| 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 | $38,197,196 |