Canton Historical Society Inc
- Assets
- $669.7k
- Revenue
- $70.8k
- Investments
- $0.0
- Employees
- 3
- Location
- Canton, CT
- Founding
- 07/1967
- Data as of
- 12/2022
- EIN
- 06-6085784
Organization Overview
Canton Historical Society Inc, operating under the name Canton Historical Museum Inc, is located in Canton, CT. The organization was established in 1967. 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 12/2022, Canton Historical Museum Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Canton Historical Museum 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 12/2022, Canton Historical Museum Inc generated $70.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $48.1k during the year ending 12/2022. While expenses have increased by 2.2% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION, CULTURE, HISTORY, PRESERVATION OF ARTIFACTS RELATING TO THE HISTORY OF THE TOWN OF CANTON, CONNECTICUT AND IT'S IMMEDIATE ENVIRONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSEUM OPERATIONS - TOURS ARE GIVEN BY THE MUSEUM STAFF AND OTHERS ON ASPECTS OF LIFE IN THE CANTON ENVIRONS AND DESCRIBING THE USE OF ITEMS CONTAINED IN THE COLLECTION. THE MUSEUM IS OPEN TO THE GENERAL PUBLIC WITH INDIVIDUALIZED TOURS BEING OFFERED. APPROX 3,000 INDIVIDUALS FROM THE U.S. AND SEVERAL FOREIGN COUNTRIES TOURED THE MUSEUM. SEVERAL OPEN HOUSES ARE HELD EACH YEAR TO ALLOW INDIVIDUALS TO VIEW THE COLLECTION FREE OF CHARGE. THE IN-KIND DONATIONS OF OUR VOLUNTEER STAFF ARE INTEGRAL TO THE SUPPORT OF THESE ACTIVITIES. IN ADDITION TO VIEWING THE COLLECTION, SOME VISITORS USE THE MUSEUM LIBRARY AND COLLECTION AS RESEARCH FOR SCHOOL PROJECTS, AUTHORS WRITING BOOKS ON VARIOUS TOPICS, TV PRODUCERS DOING RESEARCH FOR HISTORICAL SHOWS AND PEOPLE WHO WANT TO DO GENEALOGICAL RESEARCH ON THEIR FAMILIES.
GROUP TOURS, LOCAL HISTORY PUBLICATIONS, AND HISTORICAL CALENDARS ARE PROVIDED TO MEMBERS AND VISITORS. THE MUSEUM TRIES TO PROMOTE INTEREST IN CONTINUING EDUCATION ABOUT ELEMENTS OF OUR PAST, AND HOW THEY AFFECT OUR CURRENT LIVES THROUGH RESEARCH AND PUBLICATION OF VARIOUS MATERIALS. IN ADDITION SPECIAL GROUP TOURS ARE ARRANGED FOR STUDENTS, SENIORS, SCOUTING GROUPS, AND OTHERS WHO ARE INTERESTED IN SPECIFIC ASPECTS OF THE MUSEUM'S COLLECTIONS. THE MUSEUM GIFT SHOP CARRIES SEVERAL BOOKS RELATING TO LOCAL HISTORY AS WELL AS A COLLECTION OF HISTORICAL MAPS AND EPHEMERA FROM THE COLLINS COMPANY (AX FACTORY) THAT OPERATED IN TOWN. A LECTURE SERIES BRINGS SPEAKERS FROM A VARIETY OF FIELDS RELATED TO HISTORY THAT AFFECTED CANTON. THE GENERAL PUBLIC IS THE PRIMARY AUDIENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Ayres President | OfficerTrustee | 20 | $2,400 |
Kathleen Taylor Vice President | OfficerTrustee | 6 | $0 |
Carol Barlow Secretary | OfficerTrustee | 6 | $0 |
Lorinda Pane Treasurer | OfficerTrustee | 6 | $0 |
James Kline Director | Trustee | 6 | $0 |
Kenneth Triouu Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $979 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $7,300 |
| All other contributions, gifts, grants, and similar amounts not included above | $34,751 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,030 |
| Total Program Service Revenue | $7,493 |
| Investment income | $14 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $19,810 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $500 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $70,847 |
| 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. | $2,400 |
| Compensation of current officers, directors, key employees. | $800 |
| Compensation to disqualified persons | $2,422 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $459 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,377 |
| Office expenses | $3,470 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,280 |
| 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 | $6,804 |
| All other expenses | $0 |
| Total functional expenses | $48,079 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $102,494 |
| Savings and temporary cash investments | $37,530 |
| 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 | $4,709 |
| Net Land, buildings, and equipment | $525,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $669,733 |
| Accounts payable and accrued expenses | $331 |
| 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 | $763 |
| Total liabilities | $1,094 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $97,092 |
| Paid-in or capital surplus, or land, building, or equipment fund | $525,000 |
| Retained earnings, endowment, accumulated income, or other funds | $46,547 |
| Total liabilities and net assets/fund balances | $669,733 |