Wethersfield Historical Society Of Wethersfield Conn Incorporated
- Assets
- $1.1m
- Revenue
- $439.7k
- Investments
- $0.0
- Employees
- 17
- Location
- Wethersfield, CT
- Founding
- 05/1964
- Data as of
- 12/2021
- EIN
- 06-6038062
Organization Overview
Wethersfield Historical Society Of Wethersfield Conn Incorporated is located in Wethersfield, CT. The organization was established in 1964. 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 12/2021, Wethersfield Historical Society Of Wethersfield Conn Incorporated employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wethersfield Historical Society Of Wethersfield Conn 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 12/2021, Wethersfield Historical Society Of Wethersfield Conn Incorporated generated $439.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $387.3k during the year ending 12/2021. While expenses have increased by 0.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE SOCIETY IS TO COLLECT, PRESERVE, AND INTERPRET WETHERSFIELD'S PAST FOR THE EDUCATION AND ENJOYMENT OF PRESENT AND FUTURE GENERATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS THE HISTORICAL SOCIETY OF THE FIRST COLONIZED TOWN IN CONNECTICUT, THE SOCIETY CURRENTLY SERVES THE PUBLIC OF THE TOWN OF WETHERSFIELD, STATE OF CONNECTICUT AND THE UNITED STATES THROUGH ITS MUSEUMS, LIBRARY AND A VARIETY OF EDUCATIONAL PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Mendoza Treasurer | OfficerTrustee | 5 | $0 |
Douglas Weed Vice President | OfficerTrustee | 5 | $0 |
Elaine St Onge President | OfficerTrustee | 10 | $0 |
Nancy Kotchko Secretary | OfficerTrustee | 5 | $0 |
Joseph Pierz Director | Trustee | 5 | $0 |
Lorrie Adeyemi Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $11,803 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $46,815 |
| All other contributions, gifts, grants, and similar amounts not included above | $158,325 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $216,943 |
| Total Program Service Revenue | $134,681 |
| Investment income | $17,630 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $67,918 |
| Net Income from Fundraising Events | $2,507 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $439,679 |
| 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 | $221,263 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,925 |
| Payroll taxes | $16,877 |
| Fees for services: Management | $4,829 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,755 |
| Fees for services: Other | $3,830 |
| Advertising and promotion | $0 |
| Office expenses | $9,599 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,254 |
| 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 | $5,324 |
| Insurance | $17,973 |
| All other expenses | $0 |
| Total functional expenses | $387,347 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $151,918 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $28,370 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $5,000 |
| Prepaid expenses and deferred charges | $3,822 |
| Net Land, buildings, and equipment | $45,869 |
| Investments—publicly traded securities | $839,704 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,500 |
| Total assets | $1,087,183 |
| Accounts payable and accrued expenses | $3,538 |
| 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 | $0 |
| Other liabilities | $8,300 |
| Total liabilities | $11,838 |
| Net assets without donor restrictions | $621,360 |
| Net assets with donor restrictions | $453,985 |
| 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 | $1,087,183 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Wethersfield Historical Society Of Wethersfield Conn Incorporated has recieved totaling $60,559.
| Awarding Organization | Amount |
|---|---|
Hartford Foundation For Public Giving Hartford, CT PURPOSE: COMMUNITY AND ECONOMIC DEVELOPMENT | $50,000 |
Connecticut Trust For Historic Preservation Hamden, CT PURPOSE: HISTORIC PRESERVATIO | $9,000 |
Farmington Bank Community Foundation Inc Hartford, CT PURPOSE: TRANSITION GRANT | $1,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $59 |
Endowment Analysis
| Beg. Balance | $474,043 |
| Earnings | $36,824 |
| Admin Expense | $31 |
| Net Contributions | $60,431 |
| Other Expense | $72,527 |
| Ending Balance | $498,740 |
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 |