Harriet Beecher Stowe Center Inc
- Assets
- $21.7m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 18
- Location
- Hartford, CT
- Founding
- 01/1953
- Data as of
- 12/2021
- EIN
- 06-6042822
Organization Overview
Harriet Beecher Stowe Center Inc is located in Hartford, CT. The organization was established in 1953. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Harriet Beecher Stowe Center Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Harriet Beecher Stowe Center 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, Harriet Beecher Stowe Center Inc generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 0.5% 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
HARRIET BEECHER STOWE CENTER USES THE 19TH CENTURY AUTHOR STOWE TO INSPIRE POSITIVE CHANGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTAIN AND OPERATE THE HARRIET BEECHER STOWE CENTER, A MUSEUM, RESEARCH LIBRARY AND PROGRAM CENTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linn Mcglade Interim Executive Director | Officer | 40 | $77,000 |
Briann Greenfield Executive Director | Officer | 40 | $62,886 |
Sean Genden Treasurer | OfficerTrustee | 2 | $0 |
Dave Jenkins Board Chair | OfficerTrustee | 2 | $0 |
Susan Johnson Board Chair | OfficerTrustee | 2 | $0 |
Carolyn Treiss Board Vice Chair | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $378 |
| Fundraising events | $85,925 |
| Related organizations | $0 |
| Government grants | $429,235 |
| All other contributions, gifts, grants, and similar amounts not included above | $184,315 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $699,853 |
| Total Program Service Revenue | $57,832 |
| Investment income | $942,799 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $217,346 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $5,538 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,923,368 |
| 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. | $149,029 |
| Compensation of current officers, directors, key employees. | $70,365 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $488,876 |
| Pension plan accruals and contributions | $5,008 |
| Other employee benefits | $38,958 |
| Payroll taxes | $43,664 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $42,779 |
| Fees for services: Accounting | $150,567 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $25,000 |
| Fees for services: Other | $69,535 |
| Advertising and promotion | $53,470 |
| Office expenses | $39,376 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $38,074 |
| 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 | $96,198 |
| Insurance | $45,377 |
| All other expenses | $0 |
| Total functional expenses | $1,464,085 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $94,602 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $103,648 |
| 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 | $19,615 |
| Prepaid expenses and deferred charges | $10,146 |
| Net Land, buildings, and equipment | $2,129,869 |
| Investments—publicly traded securities | $19,339,036 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $21,696,916 |
| Accounts payable and accrued expenses | $102,390 |
| Grants payable | $0 |
| Deferred revenue | $3,400 |
| 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 | $105,790 |
| Net assets without donor restrictions | $21,034,811 |
| Net assets with donor restrictions | $556,315 |
| 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 | $21,696,916 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Harriet Beecher Stowe Center Inc has recieved totaling $148,048.
| Awarding Organization | Amount |
|---|---|
Hartford Foundation For Public Giving Hartford, CT PURPOSE: CAPITAL GRANTS | $70,000 |
Hartford Foundation For Public Giving Hartford, CT PURPOSE: CAPACITY BUILDING | $40,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $9,525 |
Connecticut Trust For Historic Preservation Hamden, CT PURPOSE: HISTORIC PRESERVATIO | $9,000 |
Edward C And Ann T Roberts Foundation Inc West Hartford, CT PURPOSE: FUNDING TO SUPPORT JUDY DWORIN'S PRESENTATION OF EMERGENCE | $7,500 |
Auerbach Schiro Foundation West Hartford, CT PURPOSE: GENERAL SUPPORT | $5,000 |
Endowment Analysis
| Beg. Balance | $18,046,202 |
| Earnings | $1,942,835 |
| Other Expense | $650,000 |
| Ending Balance | $19,339,037 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Tansy Charitable Foundation New York, NY | $325,076,608 | $77,631,295 |
Eastern Bank Charitable Foundation Lynn, MA | $286,575,476 | $18,352,628 |
G Harold And Leila Mathers Charitable Foundation Rye Brook, NY | $96,045,942 | $16,941,265 |
Elms Foundation Providence, RI | $0 | -$22,907 |
Thomas L Kempner Jr Foundation Inc Southampton, NY | $328,355,645 | $44,754,721 |