Connecticut Trust For Historic Preservation
- Assets
- $2.9m
- Revenue
- $12.5m
- Investments
- $0.0
- Employees
- 8
- Location
- Hamden, CT
- Founding
- 07/1976
- Data as of
- 06/2022
- EIN
- 06-0979808
Organization Overview
Connecticut Trust For Historic Preservation, operating under the name Preservation Connecticut, is located in Hamden, CT. The organization was established in 1976. 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 06/2022, Preservation Connecticut employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Preservation Connecticut 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 06/2022, Preservation Connecticut generated $12.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 32.9% each year . All expenses for the organization totaled $12.3m during the year ending 06/2022. While expenses have increased by 31.8% 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.
Since 2015, Preservation Connecticut has awarded 243 individual grants totaling $3,169,949. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
INTERACTS WITH OTHER GROUPS, INDIVIDUALS AND ORGANIZATIONS TO ENCOURAGE, ADVOCATE AND FACILITATE HISTORICAL PRESERVATION THROUGHOUT CONNECTICUT.
Describe the Organization's Program Activity:
PRESERVATION SERVICES PROGRAM PROVIDES INFORMATION, REFERRAL AND FIELD SERVICES TO PRESERVATION GROUPS, MUNICIPALITIES, CORPS AND INDIVIDUALS. THE PROGRAM WAS DEVELOPED TO PROVIDE ASSISTANCE TO THE COMMUNITY REGARDING PRESERVATION. THE PROGRAM IS ALSO STRUCTURED TO INCREASE PUBLIC AWARENESS OF HISTORIC PRESERVATION, SENSITIZE CITIZENS TO PRESERVATION CONCERNS AND TO DISSEMINATE INFORMATION TO SPECIALIZED AND GENERAL AUDIENCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jane Montanaro Executive Di | Officer | 40 | $100,000 |
Mary Jean Agostini Vice Chair | OfficerTrustee | 2 | $0 |
Garry Leonard Treasurer | OfficerTrustee | 2 | $0 |
Caroline Sloat Chair | OfficerTrustee | 2 | $0 |
Jonathan Wharton Secretary | OfficerTrustee | 2 | $0 |
Sara Bronin Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $49,628 |
| Fundraising events | $10,759 |
| Related organizations | $0 |
| Government grants | $883,250 |
| All other contributions, gifts, grants, and similar amounts not included above | $224,919 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,168,556 |
| Total Program Service Revenue | $11,268,895 |
| Investment income | $26,946 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $40,472 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,511,714 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $131,100 |
| Grants and other assistance to domestic individuals. | $31,950 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $102,880 |
| Compensation of current officers, directors, key employees. | $7,693 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $403,875 |
| Pension plan accruals and contributions | $9,313 |
| Other employee benefits | $27,167 |
| Payroll taxes | $41,897 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $35,450 |
| Fees for services: Lobbying | $19,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $16,236 |
| Fees for services: Other | $195,020 |
| Advertising and promotion | $0 |
| Office expenses | $31,922 |
| Information technology | $23,709 |
| Royalties | $0 |
| Occupancy | $3,706 |
| Travel | $12,082 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $395 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,030 |
| Insurance | $13,569 |
| All other expenses | $0 |
| Total functional expenses | $12,315,548 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $375,642 |
| Savings and temporary cash investments | $621,369 |
| Pledges and grants receivable | $316,300 |
| Accounts receivable, net | $2,250 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $279,651 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,279 |
| Net Land, buildings, and equipment | $186,016 |
| Investments—publicly traded securities | $1,094,850 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,880,357 |
| Accounts payable and accrued expenses | $49,032 |
| Grants payable | $193,400 |
| 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 | $76,397 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $160,533 |
| Total liabilities | $479,362 |
| Net assets without donor restrictions | $2,147,080 |
| Net assets with donor restrictions | $253,915 |
| 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 | $2,880,357 |
Grants Awarded
Over the last fiscal year, Connecticut Trust For Historic Preservation has awarded $116,500 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
Cleveland Hts, OH PURPOSE: HISTORIC PRESERVATIO | $10,000 |
Wethersfield, CT PURPOSE: HISTORIC PRESERVATIO | $9,000 |
Middletown, CT PURPOSE: HISTORIC PRESERVATIO | $9,000 |
Hartford, CT PURPOSE: HISTORIC PRESERVATIO | $9,000 |
Ansonia, CT PURPOSE: HISTORIC PRESERVATIO | $9,000 |
Scotland, CT PURPOSE: HISTORIC PRESERVATIO | $9,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Connecticut Trust For Historic Preservation has recieved totaling $5,403.
| Awarding Organization | Amount |
|---|---|
Anderson-Paffard Foundation Incorporated New London, CT PURPOSE: EXEMPT PURPOSE OF DONEE | $5,000 |
Winokur Family Foundation Inc Greenwich, CT PURPOSE: GRANT TO FURTHER DONEE'S EXEMPT PURPOSE | $250 |
The Zachs Family Foundation Inc Hartford, CT PURPOSE: GENERAL USE | $100 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $53 |
Endowment Analysis
| Beg. Balance | $1,264,055 |
| Earnings | -$143,009 |
| Other Expense | $371 |
| Ending Balance | $1,120,675 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New York Historical Society New York, NY | $208,003,318 | $56,360,280 |
John E Andrus Memorial Inc Hastingsonhudson, NY | $34,101,989 | $32,146,743 |
Seventh Regiment Armory Conservancy Inc New York, NY | $306,083,724 | $25,857,761 |
American Society For Yad Vashem Inc New York, NY | $98,978,221 | $39,756,518 |
Preservation Society Of Newport County Newport, RI | $83,597,126 | $27,874,827 |
Friends Of The High Line Inc New York, NY | $106,621,000 | $20,114,000 |
World Monuments Fund Inc New York, NY | $56,711,356 | $20,259,179 |
Historic Hudson Valley Pocantico Hills, NY | $88,361,473 | $19,006,453 |
New England Historic Genealogical Society Inc Boston, MA | $58,526,477 | $13,569,592 |
Connecticut Trust For Historic Preservation Hamden, CT | $2,880,357 | $12,511,714 |
The Fort Ticonderoga Association Inc Ticonderoga, NY | $22,583,346 | $10,084,437 |
The Josef And Anni Albers Foundation Inc Bethany, CT | $32,115,057 | $7,525,828 |