Granger Homestead Society Inc
- Assets
- $7.4m
- Revenue
- $269.9k
- Investments
- $0.0
- Employees
- 11
- Location
- Canandaigua, NY
- Founding
- 07/1949
- Data as of
- 04/2021
- EIN
- 16-0758505
Organization Overview
Granger Homestead Society Inc is located in Canandaigua, NY. The organization was established in 1949. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 04/2021, Granger Homestead Society Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Granger Homestead 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 04/2021, Granger Homestead Society Inc generated $269.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.9%) each year. All expenses for the organization totaled $442.2k during the year ending 04/2021. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 7 years. 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 KNOWLEDGE AND UNDERSTANDING OF THE HISTORY OF CANANDAIGUA, NEW YORK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THE GRANGER HOMESTEAD SOCIETY, INC. IS FULFILLED BY PRESERVING, MAINTAINING AND INTERPRETING ITS SITE, STRUCTURES AND COLLECTIONS AND MAKING THEM AVAILABLE TO THE PUBLIC FOR RESEARCH, EDUCATIONAL PROGRAMS, AND APPROPRIATE PRIVATE AND COMMUNITY FUNCTIONS. THIS IS DONE BY ENGAGING IN THE PROMOTION OF THE GRANGER HOMESTEAD AND CARRIAGE MUSEUM LOCALLY, REGIONALLY, NATIONALLY, AND INTERNATIONALLY; EXPANDING THE EDUCATIONAL IMPACT OF THE GRANGER HOMESTEAD TO PROVIDE PROGRAMS THAT ARE INTERACTIVE, PROMOTE RESEARCH, AND FOSTER LEARNING; INTERACTING WITH THE COMMUNITY BOTH LOCALLY AND REGIONALLY; AND, EXERTING CONTINUED STEWARDSHIP OVER THE GRANGER HOMESTEAD AND CARRIAGE MUSEUM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martha Herbik Executive Director | Officer | 40 | $66,009 |
Jill Myers Vice President | OfficerTrustee | 0.2 | $0 |
Anna Polimeni President | OfficerTrustee | 0.2 | $0 |
Sandy Roberts Treasurer | OfficerTrustee | 0.2 | $0 |
Rosemary Park Secretary | OfficerTrustee | 0.2 | $0 |
Amy Pauley Member | Trustee | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $83,485 |
| Investment income | $145,143 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $36,671 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$2,705 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $269,924 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $1,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $70,988 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $85,419 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $20,302 |
| Payroll taxes | $12,852 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,290 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $23,657 |
| Fees for services: Other | $7,139 |
| Advertising and promotion | $13,668 |
| Office expenses | $5,511 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $80,508 |
| Travel | $1,792 |
| 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 | $65,269 |
| Insurance | $13,134 |
| All other expenses | $0 |
| Total functional expenses | $442,173 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $59,056 |
| Savings and temporary cash investments | $352,658 |
| 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 | $2,013 |
| Prepaid expenses and deferred charges | $3,845 |
| Investments—publicly traded securities | $5,911,188 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $14,123 |
| Other assets | $23,275 |
| Total assets | $7,410,971 |
| Accounts payable and accrued expenses | $27,568 |
| Grants payable | $0 |
| Deferred revenue | $3,935 |
| 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 | $187,685 |
| Other liabilities | $0 |
| Total liabilities | $219,188 |
| 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 | $7,191,783 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Granger Homestead Society Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Peter A & Marion W Schwartz Fam Foundation Tr Canandaigua, NY PURPOSE: GENERAL SUPPORT | $5,000 |
Endowment Analysis
| Beg. Balance | $5,326,232 |
| Earnings | $1,047,759 |
| Net Contributions | $75,000 |
| Other Expense | $210,390 |
| Ending Balance | $6,238,601 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New York Historical Society New York, NY | $208,003,318 | $56,360,280 |
John E Andrus Memorial Inc Hastingsonhudson, NY | $34,101,989 | $32,146,743 |
Seventh Regiment Armory Conservancy Inc New York, NY | $306,083,724 | $25,857,761 |
American Society For Yad Vashem Inc New York, NY | $98,978,221 | $39,756,518 |
Friends Of The High Line Inc New York, NY | $106,621,000 | $20,114,000 |
World Monuments Fund Inc New York, NY | $56,711,356 | $20,259,179 |
Historic Hudson Valley Pocantico Hills, NY | $88,361,473 | $19,006,453 |
New England Historic Genealogical Society Inc Boston, MA | $58,526,477 | $13,569,592 |
Connecticut Trust For Historic Preservation Hamden, CT | $2,880,357 | $12,511,714 |
The Fort Ticonderoga Association Inc Ticonderoga, NY | $22,583,346 | $10,084,437 |
Historical Society Of Western Pennsylvania Pittsburgh, PA | $61,152,096 | $7,849,869 |
The Josef And Anni Albers Foundation Inc Bethany, CT | $32,115,057 | $7,525,828 |