Hopewell Museum
- Assets
- $3.0m
- Revenue
- $696.2k
- Investments
- $0.0
- Employees
- 1
- Location
- Hopewell, NJ
- Founding
- 07/1963
- Data as of
- 03/2022
- EIN
- 21-0689833
Organization Overview
Hopewell Museum is located in Hopewell, NJ. The organization was established in 1963. According to its NTEE Classification (A54) the organization is classified as: History Museums, 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. Hopewell Museum 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 03/2022, Hopewell Museum generated $696.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.9% each year . All expenses for the organization totaled $77.3k during the year ending 03/2022. 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
HISTORICAL PRESERVATION OF THE HISTORY OF HOPEWELL, NEW JERSEY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HOPEWELL MUSEUM CONTINUED ITS MISSION TO TELL THE STORY OF THE HOPEWELL VALLEY FROM PRE-COLONIAL TIMES TO THE PRESENT. AS COVID-19 RESTRICTIONS WERE IN PLACE FOR MUCH OF THE YEAR, WE FOUND NEW AND CREATIVE WAYS TO REACH OUR COMMUNITY. WORKING WITH THE SCHOOL DISTRICT, WE PROVIDED VIRTUAL PRESENTATIONS IN THE CLASSROOM ON LOCAL LENAPE CULTURE USING OUR ARTIFACT COLLECTIONS. IN MAY WE COSPONSORED HOPEWELL VALLEY HERITAGE WEEK, WHICH FEATURED BOTH IN-PERSON AND VIRTUAL PROGRAMS. THROUGHOUT THE YEAR, OUR ARCHIVIST ASSISTED RESEARCHERS REMOTELY, AND THEN ONSITE BY APPOINTMENT BEGINNING IN THE FALL. IN DECEMBER 2021, WE HELD AN OUTDOOR HOLIDAY TEA EVENT IN COLLABORATION WITH THE OLD SCHOOL BAPTIST CHURCH. WE ALSO COMMENCED A MAJOR PROJECT TO CATALOG OUR ARCHAEOLOGICAL COLLECTIONS, EMPLOYING AN UNDERGRADUATE INTERN FROM THE COLLEGE OF NEW JERSEY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Klett President | OfficerTrustee | 2 | $0 |
Julia Osborn Treasurer | OfficerTrustee | 2 | $0 |
Vincent Janoski Vice President | OfficerTrustee | 2 | $0 |
Robert Warznak Secretary | OfficerTrustee | 2 | $0 |
H Sandford Brown Director | Trustee | 1 | $0 |
Ian Burrow Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,340 |
| All other contributions, gifts, grants, and similar amounts not included above | $662,359 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $663,699 |
| Total Program Service Revenue | $0 |
| Investment income | $32,204 |
| 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 | $696,220 |
| 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 | $17,355 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,730 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,000 |
| 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 | $1,684 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,601 |
| 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 | $4,769 |
| Insurance | $7,060 |
| All other expenses | $5,560 |
| Total functional expenses | $77,254 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,670 |
| Savings and temporary cash investments | $0 |
| 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 | $177,980 |
| Investments—publicly traded securities | $2,762,452 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,959,102 |
| 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 | $2,959,102 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,959,102 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Hopewell Museum has recieved totaling $505.
| Awarding Organization | Amount |
|---|---|
Pheasant Hill Foundation Inc Morristown, NJ PURPOSE: GENERAL SUPPORT | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lower East Side Tenement Museum New York, NY | $36,923,048 | $8,687,426 |
Genesee Country Museum Mumford, NY | $24,289,826 | $5,606,616 |
Fenimore Art Museum New York, NY | $63,527,114 | $3,838,046 |
Farmers Museum Inc New York, NY | $82,300,614 | $4,849,865 |
The Long Island Museum Of American Art History & Carriages Stony Brook, NY | $25,489,639 | $2,528,641 |
Historical Society Of Delaware Wilmington, DE | $28,427,187 | $2,375,420 |
York County History Center York, PA | $25,136,771 | $4,285,749 |
Rosenbach Museum And Library Philadelphia, PA | $17,031,009 | $1,543,993 |
Sephardic Heritage Museum Inc New York, NY | $19,194,885 | $1,875,746 |
Fort Ligonier Association Ligonier, PA | $13,253,074 | $1,289,104 |
Old Fort Niagara Association Incorporated Youngstown, NY | $7,260,840 | $2,127,174 |
National Museum Of Industrial History Bethlehem, PA | $11,228,100 | $1,548,361 |