Westport Historical Society Inc
- Assets
- $3.2m
- Revenue
- $294.5k
- Investments
- $420.5k
- Employees
- 7
- Location
- Westport, CT
- Founding
- 01/1975
- Data as of
- 12/2023
- EIN
- 23-7402125
Organization Overview
Westport Historical Society Inc, operating under the name Westport Museum For History & Cultu, is located in Westport, CT. The organization was established in 1975. 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 12/2023, Westport Museum For History & Cultu employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Westport Museum For History & Cultu 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 12/2023, Westport Museum For History & Cultu generated $294.5k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $708.3k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
INSPIRE HOLISTIC DISCOVERY OF WESTPORT HISTORY, INCLUSIVE OF ITS COLLECTIVE HERITAGE
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESERVATION OF HISTORIC ARCHIVES, OBJECTS, ARTIFACTS AND COSTUMES IN MUSEUM-QUALITY SETTING FOR USE IN EXHIBITS, ONGOING PUBLIC AND INTERNAL RESEARCH, AND AS A SERVICE TO TOWN INSTITUTIONS INCLUDING PUBLIC SCHOOLS.
CONDUCT LECTURES, WORKSHOPS, EDUCATIONAL TOURS AND EXHIBITS ACROSS A WIDE VARIETY SUBJECTS RELATING TO WESTPORT HISTORY AS WELL AS THE LARGER ASSOCIATED HISTORY OF THE COUNTY AND THE STATE. THESE PROGRAMMATIC SERVICES SPAN K-12 AND OTHER AUDIENCES, MOST AT LOW OR NO COST TO THE VISITOR.
ONGOING MAINTENANCE AND HISTORICALLY SENSITIVE MANAGEMENT OF A MUSEUM HOUSED IN A NATIONALLY-REGISTERED PROPERTY, INCLUDING MAINTAINING A COMFORTABLE SURROUNDING FOR VISITING CONSTITUENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ramin Ganeshram Executive Di | Officer | 40 | $147,238 |
Catherine Lewis Director | Trustee | 1 | $0 |
Cheryl Bliss Director | Trustee | 1 | $0 |
Christina Torres Secretary | OfficerTrustee | 1 | $0 |
Dannell Lyne Treasurer | OfficerTrustee | 1 | $0 |
Greg Porretta Board Chairm | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $203,442 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $203,442 |
| Total Program Service Revenue | $28,873 |
| Investment income | $57,999 |
| 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 | $4,198 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $294,512 |
| 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. | $147,239 |
| Compensation of current officers, directors, key employees. | $44,172 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $185,766 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $28,120 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,524 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,000 |
| Fees for services: Other | $569 |
| Advertising and promotion | $46,287 |
| Office expenses | $26,046 |
| Information technology | $18,033 |
| Royalties | $0 |
| Occupancy | $95,338 |
| 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 | $59,643 |
| Insurance | $18,827 |
| All other expenses | $6,145 |
| Total functional expenses | $708,318 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $580,710 |
| 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 | $23,279 |
| Prepaid expenses and deferred charges | $1,558 |
| Net Land, buildings, and equipment | $1,941,449 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $420,534 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $215,871 |
| Total assets | $3,183,401 |
| Accounts payable and accrued expenses | $42,853 |
| 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 | $42,853 |
| Net assets without donor restrictions | $1,435,153 |
| Net assets with donor restrictions | $1,705,395 |
| 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 | $3,183,401 |