Tolland Historical Society Incorporated
- Assets
- $798.4k
- Revenue
- $7.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Tolland, CT
- Founding
- 08/1969
- Data as of
- 05/2024
- EIN
- 06-0852847
Organization Overview
Tolland Historical Society Incorporated is located in Tolland, 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tolland Historical Society Incorporated 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 05/2024, Tolland Historical Society Incorporated generated $7.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (32.2%) each year. All expenses for the organization totaled $41.1k during the year ending 05/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
PRESERVATION OF HISTORICAL BUILDINGS LOCAL HISTORY EDUCATIONAL PROGRAMS ARCHIVAL RE TOWN HISTORY
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTENANCE, OPERATION AND PRESERVATION OF THREE HISTORICAL BUILDINGS AND THE PRESENTATION/PRESERVATION OF ARTIFACTS ON DISPLAY THEREIN: THE BENTON HOMESTEAD, THE OLD TOLLAND OUNTY HOUSE AND THE OLD COUNTY JAIL INCLUDING MUSEUM AND MILITARY MUSEUM. ALL FACILITIES ARE OPEN SEASONALLY. THERE ARE NO ADMISSION FEE-TOURS AND PRESENTATIONS ARE FREE. DONATIONS ARE ACCEPTED IN A LOCK BOX AND THE FUNDS ARE REPORTED IN THE OVERALL DONATION ACCOUNTS.
A SCHOLARSHIP IS PROVIDED ANNUALLY TO A LOCAL GRADUATE ATTENDING A COLLEGE IN A PROGRAM CONSISTENT WITH THE GENERAL GOALS OF ANY HISTORICAL SOCIETY. THERE IS NO REVENUE GENERATED SPECIFICALLY FOR THIS PURPOSE.
EDUCATIONAL PROGRAMS PRESENTED TO LOCAL SCHOOL STUDENTS; LIVING HISTORY DEMONSTRATIONS TO INCLUDE VISITING SPEAKERS. MOST PROGRAMS ARE CONDUCTED BY LOCAL VOLUNTEERS AT LIMITED COST. DOCERNS ARE TRAINED LOCALLY AND ARE ALSO VOLUNTEERS. STUDENT DOCERNS LEARN AS THEY PROVIDE ASSISTANCE. MATERIALS ARE FROM INVENTORY, PRINTED AS NEEDED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Bach President Director | OfficerTrustee | $0 | |
Celeste Senechal Vice President | OfficerTrustee | $0 | |
Kate Farrish Secretary | OfficerTrustee | $0 | |
Kathy E Fratoni Treasurer | OfficerTrustee | $0 | |
Alfred E Fratoni Jr Dep Treasurer | OfficerTrustee | $0 | |
Ni-Ni Reinard Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $3,700 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,375 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,075 |
| Total Program Service Revenue | $0 |
| Investment income | $3,247 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$17,288 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $7,029 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $655 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,024 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,000 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $317 |
| Office expenses | $2,595 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $21,398 |
| 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 | $12,942 |
| All other expenses | $0 |
| Total functional expenses | $41,149 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,171 |
| Savings and temporary cash investments | $68,999 |
| 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 | $628,500 |
| Investments—publicly traded securities | $96,716 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $798,386 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $169,886 |
| Paid-in or capital surplus, or land, building, or equipment fund | $628,500 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $798,386 |