Fitchburg Historical Society
- Assets
- $3.2m
- Revenue
- $101.2k
- Investments
- $0.0
- Employees
- 4
- Location
- Fitchburg, MA
- Founding
- 01/1950
- Data as of
- 06/2023
- EIN
- 04-6060118
Organization Overview
Fitchburg Historical Society is located in Fitchburg, 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 06/2023, Fitchburg Historical Society employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fitchburg 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 06/2023, Fitchburg Historical Society generated $101.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $227.2k during the year ending 06/2023. While expenses have increased by 0.7% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
MUSEUM AND RESEARCH LIBRARY FOR HISTORY OF FITCHBURG, MASSACHUSETTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING INFORMATION AND RESOURCES REGARDING THE HISTORY OF FITCHBURG
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Navarre Executive Dir. | Officer | 40 | $42,000 |
Amy Green President | OfficerTrustee | 0 | $0 |
James Reynolds Treasurer | OfficerTrustee | 0 | $0 |
John Bogdasarian Vice President | OfficerTrustee | 0 | $0 |
Kay Alverson-Hillman Secretary | OfficerTrustee | 0 | $0 |
Jessie Olson Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $8,690 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $29,390 |
| All other contributions, gifts, grants, and similar amounts not included above | $20,832 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,912 |
| Total Program Service Revenue | $0 |
| Investment income | $19,665 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $21,697 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $899 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $101,173 |
| 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. | $42,807 |
| Compensation of current officers, directors, key employees. | $42,807 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $17,638 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,565 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,225 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,120 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $12,602 |
| Information technology | $1,249 |
| Royalties | $0 |
| Occupancy | $41,711 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,397 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $67,454 |
| Insurance | $15,991 |
| All other expenses | $0 |
| Total functional expenses | $227,161 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $99,321 |
| Savings and temporary cash investments | $70,465 |
| Pledges and grants receivable | $40,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $14,972 |
| Inventories for sale or use | $19,764 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,899,201 |
| Investments—publicly traded securities | $1,021,270 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1 |
| Total assets | $3,164,994 |
| Accounts payable and accrued expenses | $9,538 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $77,800 |
| Other liabilities | $0 |
| Total liabilities | $87,338 |
| Net assets without donor restrictions | $2,318,697 |
| Net assets with donor restrictions | $758,959 |
| 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 | $3,164,994 |