Kent Historical Society Inc
- Assets
- $2.2m
- Revenue
- $110.7k
- Investments
- $6.7k
- Employees
- 3
- Location
- Kent, CT
- Founding
- 01/1969
- Data as of
- 09/2022
- EIN
- 06-0850105
Organization Overview
Kent Historical Society Inc is located in Kent, CT. The organization was established in 1969. 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 09/2022, Kent Historical Society Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kent 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 09/2022, Kent Historical Society Inc generated $110.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $176.9k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
HISTORICAL PRESERVATION OF KENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR MISSION IS TO COLLECT, PRESERVE AND PRESENT WRITINGS, ARTIFACTS & MEMORABILIA PORTRAYING KENTS HERITAGE FROM PRE-COLONIAL TIMES TO THE PRESENT. THE SOCIETY STRIVES TO BE THE PREMIER RESEARCH AND EDUCATION CENTER FOR ALL WHO ARE INTERESTED IN THE HISTORY OF KENT AND THE SURROUNDING AREA. TO THIS END, IT MAINTAINS ARCHIVES IN THE SWIFT HOUSE AS WELL AS A MUSEUM WITH A ROTATION OF DISPLAYS AT SEVEN HEARTHS, A 1754 HOUSE IN THE HISTORIC DISTRICT OF KENT. THERE IS ALSO A COLLECTION OF ARTIFACTS AT THE SWIFT HOUSE IN KENT, AND THE SOCIETY OWNS A PRE-REVOLUTIONARY ONE ROOM SCHOOLHOUSE ON SKIFF MT. IN KENT, WHICH IS OPEN TO THE PUBLIC BY APPOINTMENT. THE POPULATION OF THE TOWN OF KENT IS CURRENTLY 3300, AND THE NUMBER OF RESEARCHERS USING THE KENT HISTORICAL SOCIETY FILES IS INCREASING STEADILY. WE ARE THE PRIMARY SOURCE AMOUNG THE SURROUNDING TOWNS FOR INFORMATION ON THE NATIVE AMERICAN POPULATION, AND GENEALOGICAL RESEARCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Cipolla Treasurer | OfficerTrustee | 5 | $0 |
Roger Gonzalas Vice President | OfficerTrustee | 0.5 | $0 |
Christine Adams Beckett Secretary | OfficerTrustee | 2 | $0 |
Deborah Chabrian President | OfficerTrustee | 0.5 | $0 |
Melanie Marks Trustee | Trustee | 0.5 | $0 |
Rob Cary Trustee | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $45,628 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $25,926 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $71,554 |
| Total Program Service Revenue | $0 |
| Investment income | $43,782 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$4,653 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $110,683 |
| 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 | $68,810 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,129 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,267 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,826 |
| Fees for services: Other | $1,062 |
| Advertising and promotion | $0 |
| Office expenses | $354 |
| Information technology | $4,001 |
| Royalties | $0 |
| Occupancy | $60,164 |
| 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 | $0 |
| Insurance | $8,088 |
| All other expenses | $1,374 |
| Total functional expenses | $176,869 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $93,727 |
| Savings and temporary cash investments | $22,591 |
| 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 | $799,041 |
| Investments—publicly traded securities | $1,290,314 |
| Investments—other securities | $6,699 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,212,372 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Other liabilities | $112 |
| Total liabilities | $112 |
| Net assets without donor restrictions | $2,212,260 |
| 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 | $2,212,372 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Kent Historical Society Inc has recieved totaling $1,819.
| Awarding Organization | Amount |
|---|---|
The@anne Hendricks Bass Foundation Fort Worth, TX PURPOSE: GENERAL SUPPORT | $1,000 |
Babbitt Charitable Foundation Tr Fbo Various Charities New York, NY PURPOSE: GENERAL USE | $500 |
Andrew R Demar Family Foundation Inc Granite Bay, CA PURPOSE: HISTORICAL PRESERVATION | $300 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $19 |
Karlson Family Foundation Trumbull, CT PURPOSE: HISTORICALSOCIETY BUILDING& EXHIBITS | $0 |
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 |
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 |
Greenwich Historical Society Inc Cos Cob, CT | $25,626,567 | $1,529,771 |