Hingham Historical Society
- Assets
- $7.3m
- Revenue
- $909.5k
- Investments
- $0.0
- Employees
- 14
- Location
- Hingham, MA
- Founding
- 11/1950
- Data as of
- 12/2021
- EIN
- 04-6052033
Organization Overview
Hingham Historical Society is located in Hingham, MA. The organization was established in 1950. 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 12/2021, Hingham Historical Society employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hingham 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, Hingham Historical Society generated $909.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $751.5k during the year ending 12/2021. While expenses have increased by 14.6% 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 HINGHAM HISTORICAL SOCIETY, FOUNDED IN 1914, IS A MEMBER-SUPPORTED NON-PROFIT DEDICATED TO COLLECTING, PRESERVING, EXHIBITING, AND INTERPRETING THE HISTORY OF THE TOWN OF HINGHAM, MASSACHUSETTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY OUTREACH - IN 2021, COMMUNITY OUTREACH INCLUDED AN OUTDOOR PRESCHOOL STORY HOUR, VIRTUAL FIELD TRIPS FOR HINGHAM'S 5TH GRADE STUDENTS, ANNUAL WALKING TOURS TO VIEW THE HISTORICAL PROPERTIES OF HINGHAM, MA AND HAUNTED HINGHAM WHICH WAS A SPOOKY TAKE ON THE WALKING TOURS OFFERED IN OCTOBER.
EDUCATION - IN 2021, THERE WERE SEVEN LECTURES OVER TWO SEPARATE SERIES - BENJAMIN LINCOLN'S WORLD AND OUT OF THE BOX: STORIES FROM OUR COLLECTIONS - THAT EDUCATED OUR COMMUNITY ON THE COLONIAL WORLD OF HINGHAM'S REVOLUTIONARY WAR HERO AND HIGHLIGHTS FROM OUR COLLECTIONS. FIVE OUT OF THE SEVEN LECTURES WERE HELD REMOTELY AND TWO WERE HELD IN A HYBRID FORMAT. THE TOPICS INCLUDED EDUCATION AND THE ROLE OF WOMEN IN COLONIAL NEW ENGLAND AND HINGHAM AS WELL AS OUR FURNITURE AND NEEDLEWORK COLLECTIONS.
TOUR - IN 2021, WE PARTNERED WITH THE GARDEN CLUB OF HINGHAM TO BRING BACK OUR HISTORIC HOUSE TOUR AFTER WE HAD TO SHUT IT DOWN FOR COVID-19 IN 2020. SINCE WE COULD NOT ASK PRIVATE HOMEOWNERS TO OPEN THEIR HOMES FOR TOURING AS WE CONTINUED TO STRUGGLE WITH THE COVID-19 PANDEMIC, WE OPTED TO DECORATE OUR OWN PROPERTIES FOR THE HOLIDAYS WHICH WAS ACCOMPLISHED BY PARTNERING WITH THE GARDEN CLUB. AFTER COVERING COSTS, WE SPLIT THE PROCEEDS WHICH WERE A FRACTION OF PAST TOUR RECEIPTS.
EXHIBITS AT THE HINGHAM HISTORICAL SOCIETY FEATURE ROTATING PRESENTATIONS OF COLLECTIONS MATERIAL - EITHER OUR OWN OR ON LOAN - FOR THE PUBLIC TO ENJOY BY ADMISSION OR INVITATION. EXHIBITS, FOR THE MOST PART, ARE HOSTED AT THE HINGHAM HERITAGE MUSEUM. JANUARY - SEPTEMBER 2021, WE HOSTED PICTURING HINGHAM: THE ART OF LOUIS AND BEATRICE BAXTER RUYL AND IN NOVEMBER 2021, LAUNCHED POLLY THAYER STARR: NEARER THE ESSENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deirdre Anderson Executive Director | Officer | 40 | $96,700 |
Jim Taylor Director/vice President | OfficerTrustee | 1 | $0 |
Robert Mosher Director/treasurer | OfficerTrustee | 2 | $0 |
Paula Bagger Director/president | OfficerTrustee | 2 | $0 |
Cheryl Bierwirth Director/clerk | OfficerTrustee | 2 | $0 |
Jane Carr Director Thru 04/2021 | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $123,320 |
| Fundraising events | $67,320 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $526,814 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $717,454 |
| Total Program Service Revenue | $105,606 |
| Investment income | $19,311 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,675 |
| Net Gain/Loss on Asset Sales | $82,447 |
| Net Income from Fundraising Events | -$30,724 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $10,042 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $909,507 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,537 |
| 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. | $96,700 |
| Compensation of current officers, directors, key employees. | $32,233 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $112,316 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $916 |
| Payroll taxes | $25,709 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $41,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $60,721 |
| Advertising and promotion | $0 |
| Office expenses | $48,992 |
| Information technology | $3,025 |
| Royalties | $0 |
| Occupancy | $117,981 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $29,059 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $122,960 |
| Insurance | $37,594 |
| All other expenses | $0 |
| Total functional expenses | $751,500 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $365,870 |
| Savings and temporary cash investments | $1,181,597 |
| Pledges and grants receivable | $193,363 |
| 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 | $29,966 |
| Net Land, buildings, and equipment | $4,255,075 |
| Investments—publicly traded securities | $1,247,360 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,273,231 |
| Accounts payable and accrued expenses | $52,724 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $742,180 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $794,904 |
| Net assets without donor restrictions | $4,981,066 |
| Net assets with donor restrictions | $1,497,261 |
| 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 | $7,273,231 |
Grants Recieved
Over the last fiscal year, we have identified 15 grants that Hingham Historical Society has recieved totaling $93,080.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $48,550 |
Orchard Foundation Charlestown, MA PURPOSE: TO FUND CHARITABLE MISSION OF CHARITABLE ORGANIZATION - BENJAMIN LINCOLN HOUSE CAMPAIGN | $15,000 |
Marjorie Harris Reynolds Foundation Boston, MA PURPOSE: GENERAL USES | $10,000 |
Edward L Anderson Jr Foundation Inc Davis, CA PURPOSE: EDUCATION | $5,000 |
Massachusetts Society Of The Cincinnati Boston, MA PURPOSE: PRESERVING GENERAL BENJAMIN LINCOLN'S COMMISSION | $4,690 |
Wilder Charitable & Educational Fund Inc Hingham, MA PURPOSE: PRESERVATION OF TOWN'S HISTORY | $3,000 |
Endowment Analysis
| Beg. Balance | $1,943,284 |
| Earnings | $211,485 |
| Net Contributions | $292,466 |
| Other Expense | $18,278 |
| Ending Balance | $2,428,957 |
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 |
Florence Griswold Museum Inc Old Lyme, CT | $32,307,778 | $2,875,061 |
Friends Of Hildene Inc Manchester, VT | $15,529,063 | $5,299,027 |
Sakonnet Preservation Assoc Inc Little Compton, RI | $7,767,895 | $3,666,448 |
Mattatuck Historical Society Waterbury, CT | $30,372,011 | $3,496,557 |
Edith Wharton Restoration Inc Lenox, MA | $18,245,381 | $3,306,294 |
Rhode Island Historical Society Providence, RI | $30,696,643 | $3,629,513 |
Galvan Initiatives Foundation New York, NY | $45,061,487 | $6,375,160 |
Concord Antiquarian Society Concord, MA | $23,141,155 | $2,972,281 |