Westport Historical Society Inc
- Assets
- $1.2m
- Revenue
- $395.5k
- Investments
- $0.0
- Employees
- 3
- Location
- Westport, MA
- Founding
- 07/1973
- Data as of
- 09/2021
- EIN
- 23-7270158
Organization Overview
Westport Historical Society Inc is located in Westport, MA. 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. As of 09/2021, Westport Historical Society Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Westport 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 09/2021, Westport Historical Society Inc generated $395.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $156.4k during the year ending 09/2021. While expenses have increased by 4.5% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO EDUCATE AND CONNECT THE RESIDENTS OF THE AREA TO THEIR HERITAGE THROUGH PUBLIC PROGRAMS, EXHIBITS, PUBLICATIONS AND RESEARCH AND TO COLLECT, PRESERVE AND DOCUMENT THE MATERIAL CULTURE OF WESTPORT, MASSACHUSETTS. THE ORGANIZATION OWNS AND IS RESPONSIBLE FOR THE HISTORIC PRESERVATION OF THE BELL SCHOOL HOUSE AND HANDY HOUSE LOCATED IN WESTPORT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXHIBITIONS, LECTURES AND PUBLIC PROGRAMS: THE HISTORICAL SOCIETY MAINTAINS AN ACTIVE SCHEDULE OF PUBLIC PROGRAMS, EXHIBITIONS, EDUCATIONAL OPPORTUNITIES AND PUBLICATIONS FOR THE EDUCATION AND BENEFIT OF AREA RESIDENTS AND ALL THOSE INTERESTED IN THE HISTORY OF THE AREA AND ITS ARTIFACTS.
THE SOCIETY, WITH COMMUNITY PRESERVATION ACT FUNDING, BECAME OWNERS OF THE CADMAN-WHITE-HANDY HOUSE (HANDY HOUSE) A PROPERTY REGISTERED WITH THE NATIONAL REGISTER OF HISTORIC PLACES. THIS PROPERTY HAS A PRESERVATION RESTRICTION ON THE BUILDING AND 2.2 ACRES OF THE PROPERTY. IN ADDITION THERE IS A GRANT AGREEMENT BETWEEN THE TOWN OF WESTPORT AND THE SOCIETY IN WHICH THE PROPERTY WILL BE MAINTAINED AND PRESERVED FOR THE BENEFIT OF THE PUBLIC. IT IS ALSO SUBJECT TO A RIGHT-OF-FIRST-REFUSAL BY THE TOWN OF WESTPORT WITH NO PAYMENT REQUIRED.
BELL SCHOOLHOUSE: BELL SCHOOL CA. 1841 WAS SO NAMED BECAUSE OF A BELL IN ITS TOWER. THE ORIGINAL NAME OF THE SCHOOL WAS SANDY HILL ACADEMY. IN THE EARLY 1900S BELL SCHOOL WAS RENAMED ALUMNI HALL WITH A LIBRARY ON THE SECOND FLOOR AND A COMMUNITY HALL ON THE FIRST FLOOR. DURING THE WESTPORT FAIR AND CATTLE SHOW HELD AT THE HEAD FROM 1911-1930, BELL SCHOOL WAS USED AS AN AGRICULTURAL HALL FOR FAIR EXHIBITS. THE WESTPORT FAIR AND CATTLE SHOW WAS THE FORERUNNER OF THE PRESENT WESTPORT AGRICULTURAL FAIR. PRESENTLY THE BELL SCHOOL IS THE HOME OF THE WESTPORT HISTORICAL SOCIETY. THIS PROPERTY WAS DEEDED TO THE ORGANIZATION SUBJECT TO COVENANTS TO USE THE PROPERTY FOR ANTIQUARIAN AND/OR HISTORICAL PURPOSES AND TO MAINTAIN THE PROPERTY AND ITS BELFRY WITHIN SPECIFIC DIMENSIONS. BELL SCHOOL CANNOT BE SOLD BUT MUST BE TRANSFERRED WITHOUT CHARGE TO ANOTHER HISTORICAL OR ANTIQUARIAN SOCIETY FOR SIMILAR PURPOSES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jenny O'neill Executive Director | Officer | 40 | $57,300 |
Yvonne Barr Vice President | OfficerTrustee | 1 | $0 |
Cindy Brown Treasurer | OfficerTrustee | 1 | $0 |
Albert Lees President | OfficerTrustee | 1 | $0 |
Elizabeth White Clerk | OfficerTrustee | 1 | $0 |
Libby Baylies Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $32,270 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $158,606 |
| All other contributions, gifts, grants, and similar amounts not included above | $139,857 |
| Noncash contributions included in lines 1a–1f | $50,013 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $330,733 |
| Total Program Service Revenue | $0 |
| Investment income | $16,413 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $42,239 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $395,477 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $56,875 |
| Compensation of current officers, directors, key employees. | $29,905 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,188 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,783 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,330 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,593 |
| Fees for services: Other | $30,239 |
| Advertising and promotion | $1,914 |
| Office expenses | $16,696 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,717 |
| 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 | $10,680 |
| All other expenses | $5,419 |
| Total functional expenses | $156,434 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,777 |
| Savings and temporary cash investments | $34,959 |
| Pledges and grants receivable | $1,700 |
| 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 | $487 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,109,083 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,184,006 |
| Accounts payable and accrued expenses | $1,200 |
| 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 | $14,842 |
| Total liabilities | $16,042 |
| Net assets without donor restrictions | $934,893 |
| Net assets with donor restrictions | $233,071 |
| 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 | $1,184,006 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Westport Historical Society Inc has recieved totaling $24,000.
| Awarding Organization | Amount |
|---|---|
Rathmann Family Foundation Naples, FL PURPOSE: GENERAL OPERATING ACTIVITIES | $15,000 |
Island Foundation Inc Marion, MA PURPOSE: EDUCATION | $5,000 |
Amy J Bare Charitable Tr Tiverton, RI PURPOSE: OPERATING | $2,000 |
Peter And Rosanne Aresty Foundation New York, NY PURPOSE: FOR THE USE OF THE DONEE ORGANIZATION | $1,000 |
Philip Snyder Foundation Providence, RI PURPOSE: GENERAL OPERATIONS | $500 |
Hearthstone Foundation Needham, MA PURPOSE: HISTORICAL SUPPORT | $250 |
Endowment Analysis
| Beg. Balance | $921,797 |
| Earnings | $156,865 |
| Net Contributions | $30,421 |
| Ending Balance | $1,109,083 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hamilton-Madison House Inc New York, NY | $11,830,050 | $17,173,913 |
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 |
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 |
Friends Of Hildene Inc Manchester, VT | $15,529,063 | $5,299,027 |
Sakonnet Preservation Assoc Inc Little Compton, RI | $7,767,895 | $3,666,448 |
Mattatuck Historical Society Waterbury, CT | $30,372,011 | $3,496,557 |
Edith Wharton Restoration Inc Lenox, MA | $18,245,381 | $3,306,294 |
Rhode Island Historical Society Providence, RI | $30,696,643 | $3,629,513 |
Galvan Initiatives Foundation New York, NY | $45,061,487 | $6,375,160 |
Concord Antiquarian Society Concord, MA | $23,141,155 | $2,972,281 |