Saratoga Springs Preservation Foundation Inc is located in Saratoga Springs, NY. The organization was established in 1983. 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 06/2021, Saratoga Springs Preservation Foundation Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Saratoga Springs Preservation Foundation 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 06/2021, Saratoga Springs Preservation Foundation Inc generated $334.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $275.4k during the year ending 06/2021. 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 SARATOGA SPRINGS PRESERVATION FOUNDATION PROMOTES THE PRESERVATION AND ENHANCEMENT OF THE ARCHITECTURAL, CULTURAL, AND LANDSCAPED HERITAGE OF SARATOGA SPRINGS THROUGH EDUCATIONAL PROGRAMS, ADVOCACY, TECHNICAL ASSISTANCE, AND RESTORATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SARATOGA SPRINGS PRESERVATION FOUNDATION (SSPF) HAD THE FOLLOWING ACCOMPLISHMENTS DURING FY 2020 -2021 (NOTE: COVID IMPACTED THE NUMBER OF PROJECTS REVIEWED, TECHNICAL ASSISTANCE PROVIDED, AND PROGRAMS AND EVENTS OFFERED AND THE ATTENDANCE OF THOSE PROGRAMS). - CONTINUED TO PROVIDE ASSISTANCE TO THE FIRST BAPTIST CHURCH WITH THE RESTORATION OF THEIR MOST ENDANGERED STAINED GLASS WINDOWS. - PROVIDED COMMENTS ON CAPITAL IMPROVEMENT PROJECTS THE SARATOGA RACE COURSE, THE OLDEST EXTANT SPORTS VENUE IN THE COUNTRY, TO ENSURE THE UNIQUE CHARACTER IS RETAINED THROUGH A BALANCES APPROACH OF PRESERVATION AND MODERNIZATION.- HOSTED A VIRTUAL TRAVERS DAY TOUR OF THE SARATOGA RACE COURSE THAT HIGHLIGHTED THE HISTORY AND ARCHITECTURE OF THE TRACK AND FEATURED INTERVIEWS WITH MATT HURFF, THE PRESERVATION ARCHITECT FOR NEW YORK RACING ASSOCIATION (NYRA); DAVID O'ROURKE, PRESIDENT AND CEO OF NYRA; AND JACK KNOWLTON, MANAGER AND PART OWNER OF TIZ THE LAW, THE HORSE THAT WON THE 2020 TRAVERS STAKES RACE. THE TOUR HAS 4,200 VIEWS PEOPLE WATCHED FROM ACROSS THE COUNTRY, INCLUDING CALIFORNIA, KENTUCKY, FLORIDA, AND TEXAS. THE FOUNDATION ALSO PROVIDED A TOUR OF THE TRACK TO EMPIRE STATE COLLEGE ACADEMY OF LIFE LONG LEARNERS, ATTENDED BY 20 PEOPLE. - PROVIDED TECHNICAL ASSISTANCE TO PROPERTY OWNERS, INCLUDING PROJECTS THAT TOOK ADVANTAGE OF THE STATE AND FEDERAL REHABILITATION TAX CREDIT PROGRAMS. - REVIEWED MORE THAN 50 PROJECTS AND PROVIDED 35 WRITTEN COMMENTS AND ADDITIONAL VERBAL COMMENTS TO VARIOUS LAND USE BOARDS TO ADVOCATE FOR BEST PRESERVATION PRACTICES, ENSURING THE HISTORIC CHARACTER OF OUR DOWNTOWN AND NEIGHBORHOODS IS RETAINED. - SUCCESSFULLY OPPOSED THE PROPOSED DEMOLITION OF 65 & 69 PHILA STREET, TWO LONG-NEGLECTED, HISTORIC PROPERTIES LOCATED IN THE EAST SIDE HISTORIC DISTRICT LISTED ON THE NATIONAL REGISTER OF HISTORIC PLACES THAT WERE LISTED ON THE FOUNDATION'S ENDANGERED PROPERTY LIST SINCE ITS INCEPTION IN 1998. - PURCHASED 65 PHILA STREET TO UNDERTAKE A REHABILITATION OF THE BUILDING THAT WILL INCLUDE ENVIRONMENTAL ABATEMENT, STRUCTURAL ABATEMENT, NEW UTILITIES, AND AN EXTENSIVE EXTERIOR REHABILITATION. ONCE COMPLETED THE BUILDING WILL BE SOLD TO A NEW OWNER WHO WILL COMPLETE THE INTERIOR REHABILITATION. ANY PROCEEDS MADE WILL BENEFIT A FUTURE PRESERVATION PROJECT. - OFFERED 13 SUMMER SUNDAY STROLLS THAT WERE ATTENDED BY 314 PEOPLE. THE FOUNDATION ALSO HOSTED THREE BIKE TOURS OF THE SPA STATE PARK, ATTENDED BY 47 PEOPLE, AND A TWILIGHT TOUR OF GREENRIDGE CEMETERY, ATTENDED BY 35 PEOPLE. - DUE TO THE OVERWHELMING SUCCESS OF THE 2020 SUMMER STROLL SERIES, THE FOUNDATION CREATED AN AUTUMN STROLL SERIES THAT FEATURED FOUR WALKING TOURS WITH 81 PEOPLE IN ATTENDANCE.- HOSTED A VIRTUAL HOLIDAY HOUSE TOUR THAT FEATURED TWO HISTORIC HOMES ON UNION AVENUE AND HOLIDAY MUSIC BY LOCAL MUSICIANS CASSANDRA KUBINSKI AND THE MCKRELLS AND WAS ATTENDED BY NEARLY 100 PEOPLE. - HOSTED, IN PARTNERSHIP WITH THE PRESERVATION LEAGUE OF NEW YORK STATE, "ARCHITECTURALLY SPEAKING," A THREE-HOUR CONTINUING EDUCATION PROGRAM FOR REALTORS AND DESIGN PROFESSIONALS THAT REVIEWED ARCHITECTURAL STYLES, THE LOCAL REVIEW PROCESS, AVAILABLE REHABILITATION TAX PROGRAMS, AND FINANCING OPTIONS. THE PROGRAM WAS ATTENDED BY 70 AREA REALTORS AND DESIGN PROFESSIONALS.- GAVE VIRTUAL PRESENTATIONS AND IN-PERSON TOURS ABOUT THE ARCHITECTURE OF SARATOGA SPRINGS AND IMPORTANCE OF HISTORIC PRESERVATION TO STUDENTS OF SARATOGA SPRINGS HIGH SCHOOL AND SUNY ALBANY.- SUCCESSFULLY REIMAGINED THE HIGHLY ANTICIPATED THE SIGNATURE EVENT, THE HISTORIC HOMES TOUR, AS A VIRTUAL EVENT WITH A PROFESSIONALLY PRODUCED VIDEO OF SEVEN HISTORIC HOUSES IN SARATOGA SPRINGS. OVER 200 PEOPLE PURCHASED TICKETS TO VIEW THE LIMITED RELEASE VIDEO. AS PART OF THE HISTORIC HOMES TOUR EVENT THE FOUNDATION ALSO HOSTED AN IN-PERSON "REHABILITATION IN PROGRESS TOUR" OF THE 1903 LUDLOW HOUSE THAT WAS ATTENDED BY 60 PEOPLE AND HYBRID IN-PERSON/VIRTUAL "BREAKFAST & BUILDINGS AND "LUNCH & LEARN" PRESENTATIONS AT THE HISTORIC ANNE'S WASHINGTON INN THAT WERE ATTENDED 135 PEOPLE. THE FOUNDATION ALSO HOSTED THE IN-PERSON PORCH PARTY TO CELEBRATE THE SUCCESS OF THE HISTORIC HOMES TOUR. THE PARTY, ATTENDED BY MORE THAN 150 PEOPLE, FEATURED TWO PORCHES OF HISTORIC HOMES ON NORTH BROADWAY AND LIVE MUSIC BY A LOCAL MUSICIAN AND DRINKS AND LIGHT FARE. - HOSTED SEVERAL VIRTUAL EDUCATIONAL PROGRAMS: TWO "HIDDEN HISTORIES" PRESENTATIONS BY CAROL GODETTE ATTENDED BY 175 PEOPLE; "WOMEN'S SUFFERAGE IN SARATOGA" BY NANCY BAIRD BROWN, ATTENDED BY 84 PEOPLE / 500 VIEWS; "SARATOGA'S BRANDTVILLE BLUES" BY CAROL DAGGS, ATTENDED BY 74 PEOPLE / 400 VIEWS, AND "TAKE A BITE OUT OF HISTORY: SARATOGA CHIP TO POTATO CHIP" BY ALAN RICHER, ATTENDED BY 47 PEOPLE. - CONTINUED TO MONITOR ENDANGERED BUILDINGS AND ADVOCATE FOR THEIR PRESERVATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Samantha Bosshart Executive Director | Officer | 40 | $84,491 |
Linda Harvey Secretary | OfficerTrustee | 2 | $0 |
Adam Favro President | OfficerTrustee | 2 | $0 |
Dmitriy Yermolayev Treasurer | OfficerTrustee | 2 | $0 |
James Gold Vice President | OfficerTrustee | 2 | $0 |
John Haller Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $250,544 |
Investment income | $30 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $3,586 |
Net Income from Fundraising Events | $39,877 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $6,998 |
Miscellaneous Revenue | $0 |
Total Revenue | $334,528 |
Statement of Expenses | |
---|---|
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. | $93,501 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $67,916 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $4,684 |
Payroll taxes | $12,528 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $5,372 |
Fees for services: Other | $0 |
Advertising and promotion | $1,060 |
Office expenses | $9,000 |
Information technology | $329 |
Royalties | $0 |
Occupancy | $21,494 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $1,193 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $690 |
Insurance | $4,879 |
All other expenses | $0 |
Total functional expenses | $275,434 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $45,261 |
Savings and temporary cash investments | $271,296 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,068 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $5,920 |
Prepaid expenses and deferred charges | $213 |
Investments—publicly traded securities | $958,128 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,202 |
Total assets | $1,519,785 |
Accounts payable and accrued expenses | $9,098 |
Grants payable | $0 |
Deferred revenue | $1,000 |
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 | $485,000 |
Unsecured mortgages and notes payable | $33,617 |
Other liabilities | $0 |
Total liabilities | $528,715 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $991,070 |
Over the last fiscal year, we have identified 7 grants that Saratoga Springs Preservation Foundation Inc has recieved totaling $21,857.
Awarding Organization | Amount |
---|---|
River Farm America Foundation Saratoga Springs, NY PURPOSE: GENERAL CHARITABLE PURPOSES | $20,000 |
Amg Charitable Gift Foundation Greenwood Village, CO PURPOSE: PUBLIC ASSISTANCE | $1,000 |
Wsb Family Foundation Albany, NY PURPOSE: DONATION | $600 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $122 |
Verizon Foundation Basking Ridge, NJ PURPOSE: MIP PAYOUT FOR 01/12/21 | $50 |
Verizon Foundation Basking Ridge, NJ PURPOSE: MIP PAYOUT FOR 02/03/21 | $50 |
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 |
Historical Society Of Pennsylvania Philadelphia, PA | $29,519,223 | $5,864,620 |
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 |
Bucks County Historical Society Mercer Museum Doylestown, PA | $25,757,784 | $3,151,386 |
Friends Of Hildene Inc Manchester, VT | $15,529,063 | $5,299,027 |
Mattatuck Historical Society Waterbury, CT | $30,372,011 | $3,496,557 |
Edith Wharton Restoration Inc Lenox, MA | $18,245,381 | $3,306,294 |
Galvan Initiatives Foundation New York, NY | $45,061,487 | $6,375,160 |
Concord Antiquarian Society Concord, MA | $23,141,155 | $2,972,281 |