Federalsburg Historical Society Inc is located in Federalsburg, MD. The organization was established in 2004. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, 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. Federalsburg 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 12/2021, Federalsburg Historical Society Inc generated $55.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $21.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (31.9%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PRESERVING AND PRESENTING TO THE PUBLIC THE HISTORY OF THE PEOPLE, PLACES, AND EVENTS OF THE TOWN OF FEDERALSBURG ON THE EASTERN SHORE OF MARYLAND.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard Wheatley President | 0 | $0 | |
Sharon Lord Vice President | 0 | $0 | |
Gary Chambers Treasurer | 0 | $0 | |
Debi Sewell Secretary | 0 | $0 | |
Carol Shaw Director | 0 | $0 | |
Denise Nagel Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $47,647 |
Total Program Service Revenue | $0 |
Membership dues | $2,750 |
Investment income | $610 |
Gain or Loss | $1,009 |
Net Income from Gaming & Fundraising | $2,153 |
Other Revenue | $963 |
Total Revenue | $55,132 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $336 |
Occupancy, rent, utilities, and maintenance | $14,067 |
Printing, publications, postage, and shipping | $673 |
Other expenses | $6,013 |
Total expenses | $21,089 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $60,689 |
Other assets | $0 |
Total assets | $180,906 |
Total liabilities | $598 |
Net assets or fund balances | $180,308 |