The Historical Society Of The Somerset Hills Inc
- Assets
- $109.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Basking Ridge, NJ
- Founding
- 02/1973
- Data as of
- 12/2022
- EIN
- 23-7121249
Organization Overview
The Historical Society Of The Somerset Hills Inc is located in Basking Ridge, NJ. The organization was established in 1973. 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. Historical Society Of The Somerset Hills 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 12/2022, Historical Society Of The Somerset Hills Inc generated $21.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $20.1k during the year ending 12/2022. While expenses have increased by 1.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sue Zibelli Chairman | 1 | $0 | |
Pat Gray President | 1 | $0 | |
Dan Lincoln Vice President | 1 | $0 | |
David Urbani Treasurer | 1 | $0 | |
Cynthia Crossin Recording Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,026 |
| Total Program Service Revenue | $6,713 |
| Membership dues | $2,207 |
| Investment income | $339 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $21,285 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $475 |
| Occupancy, rent, utilities, and maintenance | $2 |
| Printing, publications, postage, and shipping | $1,265 |
| Other expenses | $18,400 |
| Total expenses | $20,142 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $84,388 |
| Other assets | $0 |
| Total assets | $109,924 |
| Total liabilities | $0 |
| Net assets or fund balances | $109,924 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Historical Society Of The Somerset Hills Inc has recieved totaling $200.
| Awarding Organization | Amount |
|---|---|
Gelfand Family Foundation Inc Somerset, NJ PURPOSE: CHARITABLE | $200 |
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 |
Bucks County Historical Society Mercer Museum Doylestown, PA | $25,757,784 | $3,151,386 |
Galvan Initiatives Foundation New York, NY | $45,061,487 | $6,375,160 |
Lake George Association Inc Lake George, NY | $20,500,954 | $6,877,319 |
Lancasterhistory Org Lancaster, PA | $21,295,803 | $1,939,476 |
Royal Oak Foundation Inc New York, NY | $7,446,621 | $2,765,681 |
Partners For Sacred Places Inc Philadelphia, PA | $5,285,974 | $2,628,300 |
Historic Morven Inc Princeton, NJ | $24,966,023 | $2,239,709 |
Adirondack Railway Preservation Society Utica, NY | $2,682,180 | $3,406,896 |
Colonial Farmhouse Restoration Society Of Bellerose Inc Floral Park, NY | $3,034,093 | $2,477,433 |