Lyme Historians Inc
- Assets
- $1.1m
- Revenue
- $48.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Lyme, NH
- Founding
- 03/1988
- Data as of
- 12/2021
- EIN
- 22-2848393
Organization Overview
Lyme Historians Inc is located in Lyme, NH. The organization was established in 1988. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, 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. Lyme Historians 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, Lyme Historians Inc generated $48.1k 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 (30.1%) each year. All expenses for the organization totaled $31.2k 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
THE LYME HISTORIANS, INC. WAS FOUNDED IN 1961 WITH THE PURPOSE OF HELPING TO DOCUMENT THE TOWN'S HISTORY, KEEPING IT ALIVE AND RELEVANT TO THE PRESENT DAY BY MAINTAINING EXHIBITS AND COLLECTIONS AND ACQUIRING BOOKS, MAPS, DOCUMENTS AND ARTIFACTS PERTAINING TO LYME, NEW HAMPSHIRE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LYME HISTORIANS, INCLUDING THE MUSEUM, MOVED INTO THE CHURCHILL-MELVILL HOUSE ON 15 MAIN STREET IN LYME, IN THE FALL OF 2016, SETTING UP EXHIBITS IN 4 ROOMS, 2 ROOMS TO HAVE REVOLVING EXHIBITS AND 2 ROOMS WITH STATIONARY EXHIBITS. NEW ITEMS WERE DONATED TO ADD TO THE EXHIBIT ROOMS INCLUDING AN ESTEY ORGAN THAT BELONGED TO A LYME RESIDENT. A NEW ENTRANCE WAS ADDED ON THE EAST SIDE OF THE BUILDING WITH A VIEW TOWARDS 4 HISTORIC AREAS OF THE TOWN, THE LYME CONGREGATIONAL CHURCH, THE HORSESHEDS, THE OLD JAIL HOUSE AND THE OLD LYME PLAIN CEMETERY.
THROUGH THE GENEROUS DONATION OF A LYME RESIDENT AND HISTORIAN MEMBER, LYME HISTORIANS RECEIVED THE TITLE TO A BEAUTIFULLY KEPT ONE-ROOM SCHOOLHOUSE IN LYME CENTER. THE SCHOOLHOUSE HAS MANY, IF NOT ALL, OF ITS ORIGINAL FEATURES INCLUDING OLD SCHOOL DESKS. THE SCHOOLHOUSE IS GENERALLY OPEN TO THE PUBLIC DURING THE LATE SPRING TO EARLY FALL.
THE LYME HISTORIANS SPONSOR EVENTS THROUGHOUT THE YEAR, INCLUDING THE ANNUAL MEETING WITH A GUEST SPEAKER, HISTORIC TOURS SUCH AS THE CELLAR HOLE PROJECT WHICH MAPS THE AREA OF THE CELLAR HOLE AND RESEARCHES OWNERSHIP IN THE TOWN OF LYME. THE LYME HISTORIANS ARCHIVE HISTORIC DOCUMENTS INCLUDING OLD JOURNALS, OLD DEEDS, HISTORIC PHOTOGRAPHS, VITAL RECORDS FROM LOCAL CHURCHES, AND AN EVER-EXPANDING COLLECTION OF GENEALOGY RECORDS.
DURING 2021, THE MUSEUM WAS MOSTLY CLOSED DUE TO COVID. THE HISTORIANS WERE ABLE TO CONTINUE THE SECOND SATURDAY PROGRAMS WHERE A LONG-TIME RESIDENT TALKS ABOUT GROWING UP IN LYME. THE HISTORIANS HAVE ALSO SEEN AN INCREASE IN VOLUNTEERS FOR TRANSCRIBING HISTORIC JOURNALS AND LETTERS FROM HOME WHICH HAS BEEN A BENEFIT TO THE HISTORIANS. THE LYME HISTORIANS CONTINUES TO HOST 2ND AND 4TH GRADE CLASSES FROM THE LYME ELEMNTARY SCHOOL. THE CHILDREN LOVE SEEING THE OLD TOYS, PHONOGRAPH WAX CYLINDERS AND A ROPE BED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lara Dwyer President | OfficerTrustee | 8 | $0 |
Tom Turkington Secretary | OfficerTrustee | 3 | $0 |
Nancy Wray Treasurer | OfficerTrustee | 10 | $0 |
Susanne Simon Thru 42021 Treasurer | OfficerTrustee | 2 | $0 |
Steve Alden Thru 42021 President | OfficerTrustee | 4 | $0 |
Margaret Caldwell Board Member | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $6,625 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $27,502 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,127 |
| Total Program Service Revenue | $0 |
| Investment income | $8,673 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,724 |
| 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 | $547 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $48,071 |
| 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 | $2,335 |
| 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 | $3,121 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,460 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $909 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,396 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $31,222 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,769 |
| Savings and temporary cash investments | $70,187 |
| 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 | $6,506 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $687,749 |
| Investments—publicly traded securities | $307,708 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,075,919 |
| 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 | $1,200 |
| Total liabilities | $1,200 |
| Net assets without donor restrictions | $398,988 |
| Net assets with donor restrictions | $675,731 |
| 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 | $1,075,919 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lyme Historians Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Stannard & Dorothy Dunn Charitable Trust Lyme, NH PURPOSE: GENERAL SUPPORT | $1,000 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Massachusetts Historical Society Boston, MA | $153,195,244 | $13,508,822 |
Pineland Farms Inc New Gloucester, ME | $0 | $7,727,361 |
Edward M Kennedy Institute For The United States Senate Inc Boston, MA | $123,530,650 | $3,733,081 |
Nantucket Historical Association Nantucket, MA | $54,222,410 | $8,695,480 |
Old Dartmouth Historical Society New Bedford, MA | $34,006,057 | $4,398,959 |
Longyear Foundation Chestnut Hill, MA | $89,717,861 | $3,937,071 |
Friends Of Katahdin Woods And Waters Portland, ME | $3,235,909 | $4,395,380 |
Revolutionary Spaces Inc Boston, MA | $12,660,742 | $3,566,047 |
Bostonian Society Inc Boston, MA | $7,504,386 | $2,774,828 |
Preservation Trust Of Vermont Inc Burlington, VT | $11,110,333 | $2,781,789 |
Cape Ann Museum Inc Gloucester, MA | $28,561,909 | $3,093,394 |
Castle Preservation Society Moultonborough, NH | $5,902,914 | $2,624,802 |