Society For Preservation Of Weeksville & Bedford-Stuyvesant Hi
- Assets
- $2.8m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 20
- Location
- Brooklyn, NY
- Founding
- 03/1974
- Data as of
- 06/2021
- EIN
- 23-7330454
Organization Overview
Society For Preservation Of Weeksville & Bedford-Stuyvesant Hi, operating under the name and Bedford-Stuyvesant History, is located in Brooklyn, NY. The organization was established in 1974. 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 06/2021, and Bedford-Stuyvesant History employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. and Bedford-Stuyvesant History 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 06/2021, and Bedford-Stuyvesant History generated $2.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 21.8% each year . All expenses for the organization totaled $1.9m during the year ending 06/2021. While expenses have increased by 9.3% 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
PRESERVING HISTORICAL SITES & ARTIFACTS FROM THE WEEKSVILLE SECTION OF BROOKLYN, NY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH PROGRAM - PROVIDES TRANSFORMATIVE LEARNING OPPORTUNITIES THAT ENCOURAGE LIFE LONG LEARNING AND POSITIVE SOCIAL INTERACTIONS.
EDUCATIONAL PROGRAM - PROVIDES DIRECT AND MEANINGFUL INFORMATION ON THE HISTORIC HOUSES AND SITES: ENCOURAGE VISITORS TO BECOME PRESERVER OF THEIR COMMUNITY HISTORY: PROMOTE INTEREST IN AFRICAN-AMERICAN AND BROOKLYN HISTORY AND HERITAGE AND DEMONSTRATE THE INTERCONNECTEDNESS BETWEEN THE PAST AND THE PRESENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Fields President And CEO (until 2/11/21) | Officer | 40 | $119,752 |
Anita Romero Warren Deputy Director | Officer | 40 | $98,984 |
Leslie Robinson Vice Chair | OfficerTrustee | 5 | $0 |
Sidney B Joyner Secretary | OfficerTrustee | 5 | $0 |
Eric J Deutsch Treasurer | OfficerTrustee | 5 | $0 |
Timothy Simons Chair | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $919,954 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,708,174 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,628,128 |
| Total Program Service Revenue | $27,774 |
| Investment income | $1,524 |
| 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 | $2,657,491 |
| 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. | $195,902 |
| Compensation of current officers, directors, key employees. | $74,718 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $454,315 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $61,701 |
| Payroll taxes | $77,172 |
| Fees for services: Management | $166,765 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,224 |
| Office expenses | $76,352 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $51,332 |
| Travel | $778 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,199 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $47,665 |
| Insurance | $102,313 |
| All other expenses | $14,672 |
| Total functional expenses | $1,853,762 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,241,056 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $855,854 |
| 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 | $4,741 |
| Net Land, buildings, and equipment | $745,596 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,847,247 |
| Accounts payable and accrued expenses | $168,336 |
| Grants payable | $0 |
| Deferred revenue | $1,076 |
| 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 | $112,134 |
| Other liabilities | $50,000 |
| Total liabilities | $331,546 |
| Net assets without donor restrictions | $1,549,984 |
| Net assets with donor restrictions | $965,717 |
| 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 | $2,847,247 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Society For Preservation Of Weeksville & Bedford-Stuyvesant Hi has recieved totaling $222,461.
| Awarding Organization | Amount |
|---|---|
Altman Foundation New York, NY PURPOSE: TO PROVIDE CAPACITY BUILDING SUPPORT TO HELP IMPLEMENT ESSENTIAL TECHNOLOGICAL AND INFORMATION MANAGEMENT UPGRADES | $75,000 |
Rockefeller Brothers Fund Inc New York, NY PURPOSE: FOR GENERAL SUPPORT | $50,000 |
The Laurie M Tisch Foundation Inc New York, NY PURPOSE: TO FURTHER EDUCATIONAL, RELIGIOUS, MEDICAL, CULTURAL, SOCIETAL AND ENVIRONMENTAL CAUSES. | $25,000 |
Howard Gilman Foundation Inc New York, NY PURPOSE: FOUNDATION GRANT - CAPITAL/EQUIPMENT | $20,000 |
Howard Gilman Foundation Inc New York, NY PURPOSE: FOUNDATION GRANT - SPECIAL PROJECTS | $20,000 |
Hyde And Watson Foundation Warren Township, NJ PURPOSE: HARD COSTS RELATED TO THE RESTORATION OF THE HUNTERFLY ROAD HOUSES. | $15,000 |
Endowment Analysis
| Beg. Balance | $300,000 |
| Ending Balance | $300,000 |
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 |
Historical Society Of Pennsylvania Philadelphia, PA | $29,519,223 | $5,864,620 |
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 |
Bucks County Historical Society Mercer Museum Doylestown, PA | $25,757,784 | $3,151,386 |
Friends Of Hildene Inc Manchester, VT | $15,529,063 | $5,299,027 |
Mattatuck Historical Society Waterbury, CT | $30,372,011 | $3,496,557 |
Edith Wharton Restoration Inc Lenox, MA | $18,245,381 | $3,306,294 |
Galvan Initiatives Foundation New York, NY | $45,061,487 | $6,375,160 |
Concord Antiquarian Society Concord, MA | $23,141,155 | $2,972,281 |