Santa Monica Historical Society Inc
- Assets
- $2.7m
- Revenue
- $235.0k
- Investments
- $0.0
- Employees
- 4
- Location
- Santa Monica, CA
- Founding
- 06/1992
- Data as of
- 12/2021
- EIN
- 95-3019295
Organization Overview
Santa Monica Historical Society Inc is located in Santa Monica, CA. The organization was established in 1992. 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, Santa Monica Historical Society Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Santa Monica Historical Society Inc 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, Santa Monica Historical Society Inc generated $235.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $257.3k during the year ending 12/2021. While expenses have increased by 3.7% 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
THE SOCIETY OPERATES A MUSEUM AND PROVIDES ACTIVITIES TO PRESERVE THE HISTORY OF SANTA MONICA, CA
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOCIETY OPERATES A MUSEUM OF THE HISTORY OF SANTA MONICA, CA. IT PROVIDES TOURS, LECTURES AND SPECIAL EXHIBITS, ALL OPEN TO THE GENERAL PUBLIC. IT ALSO RESTORES, PRESERVES, CATALOGS AND DIGITALLY STORES HISTORIC DOCUMENTS. ALL EXHIBITS AND DOCUMENTS ARE AVAILABLE FOR SCHOLARLY ENDEAVORS. PLEASE NOTE THERE WERE NUMEROUS GOVERNMENT SHUTDOWNS AND RESTRICTIONS IN 2021 DUE TO THE COVID-19 VIRUS, WHICH SEVERELY CURTAILED PROGRAM SERVICE REVENUE AND OTHER MUSEUM ACTIVITY FOR 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Gabriel Potter President & CEO | Officer | 5 | $0 |
Terri Decker Vice-Chair | Trustee | 5 | $0 |
George Collins Director | Trustee | 2 | $0 |
Earl Clarkston Director | Trustee | 2 | $0 |
Lesley Kawaguchi Director | Trustee | 2 | $0 |
Karen Wise Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,570 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $24,536 |
| All other contributions, gifts, grants, and similar amounts not included above | $51,074 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $78,180 |
| Total Program Service Revenue | $3,128 |
| Investment income | $46,829 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $125 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,787 |
| Net Income from Fundraising Events | $103,904 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $234,953 |
| 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 | $116,151 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,396 |
| Payroll taxes | $12,969 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,512 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $16,043 |
| Fees for services: Other | $16,467 |
| Advertising and promotion | $435 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $43,438 |
| Insurance | $11,038 |
| All other expenses | $11,160 |
| Total functional expenses | $257,317 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $196,892 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,126,252 |
| Investments—publicly traded securities | $1,329,726 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $29,832 |
| Total assets | $2,682,702 |
| 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 | $3,032 |
| Total liabilities | $3,032 |
| 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 | $2,679,670 |
| Total liabilities and net assets/fund balances | $2,682,702 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Santa Monica Historical Society Inc has recieved totaling $25,028.
| Awarding Organization | Amount |
|---|---|
California Humanities Oakland, CA PURPOSE: CORE PROGRAMS | $25,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $28 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Filoli Center Woodside, CA | $25,536,430 | $12,805,929 |
Ebell Of Los Angeles A Corp Los Angeles, CA | $0 | $4,120,329 |
Arizona Historical Society Tucson, AZ | $4,905,511 | $5,450,544 |
Balboa Park Conservancy San Diego, CA | $0 | $0 |
Pioneer Courthouse Square Of Portland Inc Portland, OR | $2,433,302 | $2,453,569 |
California Historical Society San Francisco, CA | $4,682,304 | $1,015,761 |
San Mateo County Historical Association Redwood City, CA | $17,041,726 | $2,189,539 |
San Diego Historical Society San Diego, CA | $5,956,806 | $1,548,156 |
Santa Barbara Historical Museum Santa Barbara, CA | $11,048,211 | $1,546,553 |
La Jolla Historical Society La Jolla, CA | $4,824,303 | $1,847,731 |
Gay Lesbian Bisexual Transgender Historical Society San Francisco, CA | $850,305 | $1,392,606 |
Maricopa County Historical Society Wickenburg, AZ | $19,800,198 | $1,675,075 |