Atlantic County Historical Society
- Assets
- $1.9m
- Revenue
- $99.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Somers Point, NJ
- Founding
- 09/1957
- Data as of
- 09/2021
- EIN
- 51-0244208
Organization Overview
Atlantic County Historical Society is located in Somers Point, NJ. The organization was established in 1957. 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. Atlantic County Historical Society 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, Atlantic County Historical Society generated $99.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $69.0k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 6 years. 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
ORGANIZATION PROMOTES HISTORICAL INFORMATION FOR ATLANTIC COUNTY, NEW JERSEY THROUGH A MUSEUM AND LIBRARY. THE ORGANIZATION ALSO OWNS A HISTORICAL HOUSE WHICH IT PROVIDES TOURS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION OPERATES A LIBRARY WHICH HAS BOOKS,LETTERS, AND PERIODICALS, THAT PROVIDE INFORMATION ON THE HISTORY OF ATLANTIC COUNTY, NEW JERSEY. THE LIBRARY CHARGES FEES FOR RESEARCH, COPYING, AND THE SALE OF PUBLICATIONS TO GENERATE REVENUE TO PAY FOR THE OPERATING EXPENSES. THE LIBRARY CONTAINS A MUSEUM AREA, WHICH PATRONS CAN VIEW HISTORICAL ITEMS REVELENT TO ATLANTIC COUNTY.
THE SOCIETY OWNS A HISTORICAL HOUSE CALLED THE RISLEY HOMESTEAD. TOURS ARE PROVIDED TO PATRONS TO VIEW THE HOME AND GARDENS. THE HOUSE IS PRESERVED TO PROMOTE WHAT AN EARLY CENTURY HOME IN ATLANTIC COUNTY, NEW JERSEY WOULD LOOK LIKE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sid Parker President | Officer | 5 | $0 |
Ellen Hyatt Financial Sec | Officer | 5 | $0 |
Babs Perry Silva Recording Sec. | Officer | 5 | $0 |
Pat Parker Asst. Treasurer | Officer | 5 | $0 |
Cindy Mason-Purdie Vice President | Officer | 5 | $0 |
Rev Norman Goos Librarian/chapl | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $733 |
| Related organizations | $0 |
| Government grants | $3,020 |
| All other contributions, gifts, grants, and similar amounts not included above | $86,323 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $90,076 |
| Total Program Service Revenue | $7,663 |
| Investment income | $1,755 |
| 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 | $99,494 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,825 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,590 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $29,556 |
| 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 | $4,461 |
| Insurance | $0 |
| All other expenses | $5,907 |
| Total functional expenses | $68,994 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $407,566 |
| Savings and temporary cash investments | $323,533 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,132,994 |
| Investments—publicly traded securities | $39,526 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,903,619 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $1,681,400 |
| Net assets with donor restrictions | $222,219 |
| 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 | $1,903,619 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Atlantic County Historical Society has recieved totaling $27,567.
| Awarding Organization | Amount |
|---|---|
Mcmullin Charitable Trust Uw Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $27,567 |
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 |