Historical Society Of Delaware
- Assets
- $28.4m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 43
- Location
- Wilmington, DE
- Founding
- 01/1957
- Data as of
- 06/2021
- EIN
- 51-0066731
Organization Overview
Historical Society Of Delaware is located in Wilmington, DE. The organization was established in 1957. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Historical Society Of Delaware employed 43 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Historical Society Of Delaware 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, Historical Society Of Delaware generated $2.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $2.3m during the year ending 06/2021. While expenses have increased by 4.2% 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
PRESERVATION OF DELAWARE HISTORY. THE SOCIETY'S PRIMARY GOAL IS THE PRESERVATION OF HISTORY, PARTICULARLY THAT RELATING TO THE STATE OF DELAWARE. THE SOCIETY MAINTAINS TWO MUSEUMS, A LIBRARY, AND SEVERAL OTHER HISTORIC BUILDINGS PROVIDING CULTURAL AND EDUCATIONAL SERVICES TO THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH LIBRARY-HOUSES THE HISTORICAL SOCIETY'S PAPER-BASED COLLECTION WHICH IS AVAILABLE TO PERSONS RESEARCHING DELAWARE HISTORY.
DELAWARE HISTORY MUSEUM-THE MUSEUM PRESENTS THE HISTORY OF DELAWARE THROUGH PERMANENT AND ROTATING EXHIBITIONS. CLASSROOMS, EXHIBITION GALLERIES AND OTHER SPACES ENABLE HISTORICAL SOCIETY EDUCATIONAL STAFF TO PRESENT EDUCATIONAL PROGRAMS, LECTURES AND GUIDED TOURS FOCUSED ON DELAWARE HISTORY. THE MUSEUM INCLUDES THE MITCHELL CENTER FOR AFRICAN AMERICAN HERITAGE, THE ONLY CENTER FOR AFRICAN AMERICAN HISTORY IN DELAWARE, AS A PERMANENT EXHIBITION AND PROGRAM CENTER.
READ HOUSE & GARDENS- A NATIONAL LANDMARK PROPERTY SERVES AS AN EARLY FEDERAL-ERA MUSEUM PRESENTING SOCIAL AND CULTURAL HISTORY THROUGH GUIDED TOURS AND PUBLIC PROGRAMS.
OTHER PROGRAM SERVICES OFFERED BY THE SOCIETY CONSIST OF THE FOLLOWING: - OLD TOWN HALL MUSEUM 19,398 - ADVANCEMENT AND OUTREACH PROGRAMS 266,775 - DELWARE HISTORY PUBLICATION 734 - OTHER MISCELLANEOUS PROGRAMS 23,009 - TOTAL OTHER PROGRAM SERVICES 309,916
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David W Young Executive Di | Officer | 40 | $108,609 |
Margaret L Laird PHD Board Chair | OfficerTrustee | 2 | $0 |
Stephen Kingsberry 1st Vice Cha | OfficerTrustee | 2 | $0 |
Kevin Mcgonegal Secretary | OfficerTrustee | 2 | $0 |
Carlo A Lombardi Treasurer | OfficerTrustee | 2 | $0 |
Brionna Denby ESQ 2nd Vice Cha | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Edis Company Construction Contractor | 6/29/16 | $779,699 |
Gecko Group Exhibits Design | 6/29/16 | $210,920 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $41,385 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $672,527 |
| All other contributions, gifts, grants, and similar amounts not included above | $739,416 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,453,328 |
| Total Program Service Revenue | $4,311 |
| Investment income | $272,615 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,009 |
| Net Gain/Loss on Asset Sales | $628,256 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,191 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,375,420 |
| 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. | $112,308 |
| Compensation of current officers, directors, key employees. | $33,692 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $893,837 |
| Pension plan accruals and contributions | $15,237 |
| Other employee benefits | $152,236 |
| Payroll taxes | $76,125 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,602 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $46,450 |
| Advertising and promotion | $9,138 |
| Office expenses | $21,344 |
| Information technology | $85,673 |
| Royalties | $0 |
| Occupancy | $223,837 |
| Travel | $1,182 |
| 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 | $433,613 |
| Insurance | $35,182 |
| All other expenses | $10,930 |
| Total functional expenses | $2,260,247 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $155,022 |
| Savings and temporary cash investments | $107,407 |
| Pledges and grants receivable | $26,867 |
| 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 | $27,920 |
| Prepaid expenses and deferred charges | $58,674 |
| Net Land, buildings, and equipment | $10,890,199 |
| Investments—publicly traded securities | $17,161,098 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $28,427,187 |
| Accounts payable and accrued expenses | $71,159 |
| Grants payable | $0 |
| Deferred revenue | $130,881 |
| 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 | $202,040 |
| Net assets without donor restrictions | $28,158,386 |
| Net assets with donor restrictions | $66,761 |
| 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 | $28,427,187 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Historical Society Of Delaware has recieved totaling $141,629.
| Awarding Organization | Amount |
|---|---|
The Bessemer Giving Fund Woodbridge, NJ PURPOSE: GENERAL SUPPORT | $100,000 |
Delaware Curative Workshop Inc Greenville, DE PURPOSE: GOODWORKS/CHARITY | $18,125 |
Wyeth Foundation For American Art Wilmington, DE PURPOSE: TO SUPPORT AN ART CONSERVATION PROJECT | $8,189 |
Edgar A Thronson Foundation Greenville, DE PURPOSE: CAPITAL CAMPAIGN | $5,100 |
Donald And Martha Dewees Foundation Greenville, DE PURPOSE: CAPITAL CAMPAIGN - FINAL PLEDGE PAYMENT | $5,100 |
Richard A & James F Corroon Foundation Inc Wilmington, DE PURPOSE: GENERAL FUND | $2,000 |
Endowment Analysis
| Beg. Balance | $14,016,192 |
| Earnings | $3,848,329 |
| Admin Expense | $87,830 |
| Other Expense | $615,593 |
| Ending Balance | $17,161,098 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gettysburg Foundation Gettysburg, PA | $96,770,268 | $15,954,577 |
National Constitution Center Philadelphia, PA | $153,929,623 | $18,487,505 |
Museum Of The American Revolution Philadelphia, PA | $136,106,228 | $14,346,373 |
Eleutherian Mills-Hagley Foundation Inc Wilmington, DE | $219,223,690 | $13,522,481 |
B & O Railroad Museum Baltimore, MD | $29,274,881 | $4,473,800 |
Baltimore Museum Of Industry Baltimore, MD | $4,041,463 | $2,097,519 |
Historical Society Of Delaware Wilmington, DE | $28,427,187 | $2,375,420 |
York County History Center York, PA | $25,136,771 | $4,285,749 |
Rosenbach Museum And Library Philadelphia, PA | $17,031,009 | $1,543,993 |
Fort Ligonier Association Ligonier, PA | $13,253,074 | $1,289,104 |
National Museum Of Industrial History Bethlehem, PA | $11,228,100 | $1,548,361 |
National Civil War Museum Harrisburg, PA | $11,778,546 | $1,550,671 |