Putney Historical Society Inc
- Assets
- $893.1k
- Revenue
- $6.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Putney, VT
- Founding
- 04/1995
- Data as of
- 07/2022
- 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 07/2022, Putney Historical Society Inc generated $6.7k 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 (34.3%) each year. All expenses for the organization totaled $33.3k during the year ending 07/2022. 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
2022
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 FILES ON PUTNEY HISTORY FOR THE PUBLIC TO REVIEW. IT ALSO MAINTAINS A COLLECTION OF LOCAL ARTIFACTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Jamison President | OfficerTrustee | 2 | $0 |
Tim Ragle Vice President | OfficerTrustee | 2 | $0 |
Lindley Speers Secretary | OfficerTrustee | 2 | $0 |
Lyssa Papazian Treasurer | OfficerTrustee | 2 | $0 |
Ruth Barton Trustee | Trustee | 2 | $0 |
Betsy Macisaac Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $880 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,745 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,625 |
| Total Program Service Revenue | $0 |
| Investment income | $31 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,218 |
| 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 | $833 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,707 |
| 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 | $201 |
| 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 | $327 |
| Information technology | $108 |
| Royalties | $0 |
| Occupancy | $750 |
| 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 | $30,169 |
| Insurance | $1,285 |
| All other expenses | $0 |
| Total functional expenses | $33,300 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,524 |
| Savings and temporary cash investments | $32,144 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $395 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,893 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $829,118 |
| Investments—publicly traded securities | $25,000 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $893,074 |
| 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 | $133,539 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $137,372 |
| Net assets without donor restrictions | $707,655 |
| Net assets with donor restrictions | $48,047 |
| 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 | $893,074 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Putney Historical Society Inc has recieved totaling $13.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $13 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
George Eastman Museum Rochester, NY | $59,825,841 | $12,306,953 |
Naismith Memorial Basketball Hall Of Fame Inc 1150 West Columbus Ave Springfield, MA | $33,159,743 | $5,379,532 |
National Museum Of Mathematics New York, NY | $42,218,242 | $9,885,068 |
Shelburne Museum Incorporated Shelburne, VT | $56,455,494 | $11,449,784 |
Amigos Del Museo Del Barrio New York, NY | $18,789,462 | $15,193,674 |
American Museum Of The Moving Image Astoria, NY | $5,870,489 | $5,453,055 |
Rockwell Museum Corning, NY | $8,339,616 | $5,240,521 |
Museum Of Chinese In The America New York, NY | $11,986,346 | $14,599,749 |
American Folk Art Museum New York, NY | $12,095,077 | $3,818,559 |
Seaport Museum New York New York, NY | $25,331,264 | $3,990,883 |
American Kennel Club Museum Of The Dog New York, NY | $19,543,798 | $3,681,348 |
National Museum Of Racing Inc Saratoga Springs, NY | $28,834,904 | $3,891,904 |