Putney Historical Society Inc
- Assets
- $851.2k
- Revenue
- $18.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Putney, VT
- Founding
- 04/1995
- Data as of
- 07/2023
- EIN
- 03-0301185
Organization Overview
Putney Historical Society Inc is located in Putney, VT. The organization was established in 1995. According to its NTEE Classification (A50) the organization is classified as: Museums, 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. Putney 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 07/2023, Putney Historical Society Inc generated $18.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (55.2%) each year. All expenses for the organization totaled $32.5k during the year ending 07/2023. As we would expect to see with falling revenues, expenses have declined by (49.9%) per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO BRING TOGETHER THOSE PERSONS INTERESTED IN THE HISTORY OF THE TOWN OF PUTNEY VERMONT; TO COLLECT ANY MATERIALS PERTINENT TO THE HISTORY OF PUTNEY; TO ACQUIRE PROPERTY IN ORDER TO PRESERVE HISTORIC RESOURCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUTNEY HISTORICAL SOCIETY OWNS THE PUTNEY GENERAL STORE BUILDING AND RENTS IT TO A STORE OPERATOR.
PUTNEY HISTORICAL SOCIETY MAINTAINS A COLLECTION OF LOCAL ARTIFACTS AND DOCUMENTS USED IN RESEARCH.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Jamison President | OfficerTrustee | 2 | $0 |
Tim Ragle Vice President | OfficerTrustee | 2 | $0 |
Lyssa Papazian Treasurer | OfficerTrustee | 2 | $0 |
Lindley Speers Secretary | OfficerTrustee | 2 | $0 |
Ruth Barton Trustee | Trustee | 2 | $0 |
Laurel Ellis Controller | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,323 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,121 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,444 |
| Total Program Service Revenue | $0 |
| Investment income | $14 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $15,305 |
| 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 | $1,092 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $18,868 |
| 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 | $200 |
| 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 | $311 |
| Information technology | $119 |
| 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 | $30,016 |
| Insurance | $1,119 |
| All other expenses | $0 |
| Total functional expenses | $32,511 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,359 |
| Savings and temporary cash investments | $16,084 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $676 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,825 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $800,810 |
| Investments—publicly traded securities | $24,468 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $851,222 |
| Accounts payable and accrued expenses | $33 |
| Grants payable | $0 |
| Deferred revenue | $3,800 |
| 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 | $121,587 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $125,420 |
| Net assets without donor restrictions | $694,014 |
| Net assets with donor restrictions | $31,788 |
| 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 | $851,222 |