Bainbridge Island Historical Society
- Assets
- $2.9m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 11
- Location
- Bainbridge Island, WA
- Founding
- 06/1988
- Data as of
- 12/2021
- EIN
- 91-1037866
Organization Overview
Bainbridge Island Historical Society, operating under the name Bainbridge Island Historical Museum, is located in Bainbridge Island, WA. The organization was established in 1988. 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 12/2021, Bainbridge Island Historical Museum employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bainbridge Island Historical Museum 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 12/2021, Bainbridge Island Historical Museum generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 39.2% each year . All expenses for the organization totaled $358.2k during the year ending 12/2021. While expenses have increased by 4.2% per year over the past 7 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
TO PRESERVE AND SHARE THE STORIES OF BAINBRIDGE ISLAND TO PROMOTE A GREATER UNDERSTANDING OF OUR COMMUNITY AND THE WORLD
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATE & MAINTAIN BAINBRIDGE ISLAND'S HISTORICAL MUSEUM, SERVING THOUSANDS OF VISITORS AND RESEARCHERS ANNUALLY. MUSEUM EXHIBITS REGULARILY ROTATE AND COVER UNIQUE ELEMENTS OF THE DIVERSE HISTORY OF BAINBRIDGE ISLAND, WASHINGTON.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brianna Kosowitz Executive Director | Officer | 40 | $52,000 |
John Klimp Vice President | OfficerTrustee | 8 | $0 |
Charlie Averill Treasurer | OfficerTrustee | 8 | $0 |
Tom Lamping Secretary | OfficerTrustee | 8 | $0 |
Susie Burdick President | OfficerTrustee | 8 | $0 |
Mark Mumm Board Member | Trustee | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $27,786 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,949,261 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,977,047 |
| Total Program Service Revenue | $0 |
| Investment income | $19,704 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $49,296 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,640 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,145,451 |
| 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. | $52,000 |
| Compensation of current officers, directors, key employees. | $13,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $89,345 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,810 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,737 |
| Advertising and promotion | $2,327 |
| Office expenses | $5,755 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $24,429 |
| 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 | $18,998 |
| Insurance | $2,268 |
| All other expenses | $4,025 |
| Total functional expenses | $358,150 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $101,366 |
| Savings and temporary cash investments | $391,442 |
| 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 | $16,786 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $668,714 |
| Investments—publicly traded securities | $1,636,279 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $39,380 |
| Total assets | $2,853,967 |
| Accounts payable and accrued expenses | $2,650 |
| 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 | $648 |
| Total liabilities | $3,298 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $2,850,669 |
| Total liabilities and net assets/fund balances | $2,853,967 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Bainbridge Island Historical Society has recieved totaling $93,123.
| Awarding Organization | Amount |
|---|---|
One Call For All Bainbridge Island, WA PURPOSE: GENERAL SUPPORT | $44,773 |
Pakis Family Foundation Phoenix, AZ PURPOSE: GENERAL OPERATING SUPPORT | $35,000 |
Bainbridge Community Foundation Bainbridge Island, WA PURPOSE: GENERAL SUPPORT | $13,350 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Historical Society Of Seattle & King County Seattle, WA | $65,125,206 | $5,162,705 |
Eastern Washington State Historical Society Spokane, WA | $20,173,182 | $5,485,547 |
Pioneer Courthouse Square Of Portland Inc Portland, OR | $2,433,302 | $2,453,569 |
Museum Of Idaho Inc Idaho Falls, ID | $10,042,756 | $2,158,282 |
The Northwest Railway Museum Snoqualmie, WA | $11,856,301 | $1,293,392 |
Chugach Heritage Foundation Anchorage, AK | $34,441,750 | $4,199,570 |
United States Lighthouse Society Inc Hansville, WA | $2,077,048 | $1,056,724 |
Grays Harbor Historical Seaport Authority Aberdeen, WA | $4,901,572 | $1,195,810 |
Clatsop County Historical Society Inc Astoria, OR | $4,670,472 | $1,501,101 |
Old Church Society Inc Portland, OR | $2,400,692 | $879,805 |
Steamer Virginia V Foundation Inc Seattle, WA | $2,142,526 | $1,163,610 |
Arlington Club Heritage Foundation Portland, OR | $1,502,895 | $244,933 |