The Broome County Historical Society Inc
- Assets
- $681.0k
- Revenue
- $66.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Binghamton, NY
- Founding
- 10/1983
- Data as of
- 12/2021
- EIN
- 15-6018908
Organization Overview
The Broome County Historical Society Inc is located in Binghamton, 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Broome County 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, Broome County Historical Society Inc generated $66.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $42.3k during the year ending 12/2021. 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
TO PROMOTE AND ENCOURAGE ORIGINAL HISTORICAL RESEARCH IN BROOME COUNTY, NY AND VICINITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LIBRARY SERVICES - BROOME COUNTY HISTORICAL SOCIETY CONTINUED TO SUPPORT AND BE A MAJOR PARTNER IN THE OPERATION OF THE BROOME COUNTY LOCAL HISTORY & GENEALOGY CENTER WHICH HAS A COLLECTION OF 142,000 ITEMS, AND THE NORMAL ANNUAL ATTENDANCE OF OVER 20,000 RESEARCHERS. THAT WAS GREATLY REDUCED WHEN THE CENTER CIOSED IN MARCH DUE TO THE PANDEMIC. HOWEVER, CORRESPONDENCE AND ELECTRONIC INQUIRIES CONTINUE.
LOCAL HISTORY- DURING THE 2020 PROGRAM PERIOD, THE BROOME COUNTY HISTORICAL SOCIETY AGAIN PLANNED ON SPONSORING NINE LECTURES AND SPECIAL WORKSHOPS ON A VARIETY OF TOPICS, BUT THEY WERE INTERRUPTED BY THE PANDEMIC. FOUR PROGRAMS WERE CANCELLED, AND THE FALL PROGRAMMING WAS OFFERED VIA ZOOM. ANNUAL ATTENDANCE WAS APPROXIMATELY 830.
COLLECTIONS MANAGEMENT - THE BROOME COUNTY HISTORICAL SOCIETY HAS A COLLECTION OF ABOUT 200,000 ITEMS AND ADDED ABOUT 1,000 ITEMS EACH THAT ARE PROCESSED THROUGH THE PAST PERFECT SYSTEM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ron Akel Vice-President | Officer | 3 | $0 |
David Dixon President, Acting Treas. | Officer | 10 | $0 |
Gerald Smith Secretary | Officer | 10 | $0 |
Sharon Alpaugh Trustee | Trustee | 1 | $0 |
Linda Biemer Trustee | Trustee | 4 | $0 |
Dolores Elliott Publications Chair | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $14,007 |
| All other contributions, gifts, grants, and similar amounts not included above | $31,377 |
| Noncash contributions included in lines 1a–1f | $150 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,384 |
| Total Program Service Revenue | $9,706 |
| Investment income | $3,691 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $66,215 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,130 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $1,648 |
| All other expenses | $1,930 |
| Total functional expenses | $42,342 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $104,453 |
| Savings and temporary cash investments | $315,967 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $53,464 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $207,134 |
| Total assets | $681,018 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $672,518 |
| Net assets with donor restrictions | $8,500 |
| 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 | $681,018 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that The Broome County Historical Society Inc has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Conrad And Virginia Klee Fdn Inc Binghamton, NY PURPOSE: UNRESTRICTED OPERATING | $25,000 |
Conrad And Virginia Klee Fdn Inc Binghamton, NY PURPOSE: BOARD DISCRETIONARY GRANT | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Greenwich Historical Society Inc Cos Cob, CT | $25,626,567 | $1,529,771 |