Ventfort Hall Association Inc
- Assets
- $4.3m
- Revenue
- $466.6k
- Investments
- $0.0
- Employees
- 15
- Location
- Lenox, MA
- Founding
- 04/1997
- Data as of
- 12/2021
- EIN
- 04-3246666
Organization Overview
Ventfort Hall Association Inc is located in Lenox, MA. The organization was established in 1997. 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, Ventfort Hall Association Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ventfort Hall Association 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, Ventfort Hall Association Inc generated $466.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $414.7k during the year ending 12/2021. While expenses have increased by 5.6% 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 THE VENTFORT HALL GILDED AGE MANSION, A BUILDING ON THE NATIONAL REGISTER OF HISTORICAL PLACES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MANSION TOURS - BOTH GUIDED AND SELF-GUIDED TOURS ARE OFFERED DAILY AND YEAR-ROUND. THE PURPOSE IS TO TEACH PEOPLE THE HISTORY OF VENTFORT HALL, TO TEACH PEOPLE ABOUT THE GILDED AGE, AND TO INTERPRET OUR EXHIBITS, RESTORATION AND ARCHITECTURE. THIS IS OUR MAJOR SOURCE OF EARNED INCOME.
LECTURES AND VICTORIAN TEA - LECTURES ARE PERFORMED AT VENTFORT HALL TO TEACH PEOPLE ABOUT THE GILDED AGE. TICKETS ARE SOLD IN ADVANCE OR AT THE DOOR.
PLAYS & EVENTS - VENTFORT HALL'S PLAYS AND EVENTS ARE PRODUCED BY VENTFORT HALL AND IN COOPERATION WITH VARIOUS ARTS ORGANIZATIONS. PERFORMANCES RUN FROM THE END OF JUNE THROUGH LABOR DAY WEEKEND AND DURING THE WINTER. REVENUE IS GENERATED VIA TICKETS SOLD IN ADVANCE AND AT THE DOOR. PLAYS AND EVENTS TAKE PLACE IN THE GREAT HALL WHERE A STAGE IS CONSTRUCTED AND ON THE MANSION'S SURROUNDING GROUNDS. THE PURPOSE IS TO HELP FULFILL OUR MISSION TO TEACH PEOPLE ABOUT THE GILDED AGE AND TO DO SO THROUGH AN ENGAGING AND ENTERTAINING FORMAT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Blau President | OfficerTrustee | 0.5 | $0 |
Holly Dobbins Vice President & Treasurer | OfficerTrustee | 0.5 | $0 |
Karen Spies Former Treasurer & Clerk | OfficerTrustee | 0.5 | $0 |
Susan Lynch Secretary | OfficerTrustee | 0.5 | $0 |
Tjasa Sprague Founder Emeritus/historian | OfficerTrustee | 0.5 | $0 |
Lucille Landa Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $33,100 |
| All other contributions, gifts, grants, and similar amounts not included above | $241,420 |
| Noncash contributions included in lines 1a–1f | $74,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $274,520 |
| Total Program Service Revenue | $166,997 |
| Investment income | $174 |
| 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 | $9,901 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $466,594 |
| 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. | $33,150 |
| Compensation of current officers, directors, key employees. | $17,914 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $62,926 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10,370 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $140 |
| Fees for services: Accounting | $7,230 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,116 |
| Advertising and promotion | $12,564 |
| Office expenses | $16,028 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $57,688 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $26,399 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $148,949 |
| Insurance | $12,410 |
| All other expenses | $0 |
| Total functional expenses | $414,740 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,016 |
| Savings and temporary cash investments | $137,080 |
| 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 | $5,399 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $4,168,157 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,331,652 |
| Accounts payable and accrued expenses | $5,158 |
| 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 | $462,634 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $467,792 |
| Net assets without donor restrictions | $3,764,060 |
| Net assets with donor restrictions | $99,800 |
| 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 | $4,331,652 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ventfort Hall Association Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Non Nobis Solum Foundation Inc Canaan, NY PURPOSE: CHARITABLE | $1,000 |
Endowment Analysis
| Beg. Balance | $57,500 |
| Ending Balance | $57,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hamilton-Madison House Inc New York, NY | $11,830,050 | $17,173,913 |
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 |
Marthas Vineyard Museum Inc Vineyard Haven, MA | $28,426,122 | $2,586,449 |
Florence Griswold Museum Inc Old Lyme, CT | $32,307,778 | $2,875,061 |
Friends Of Hildene Inc Manchester, VT | $15,529,063 | $5,299,027 |
Sakonnet Preservation Assoc Inc Little Compton, RI | $7,767,895 | $3,666,448 |
Mattatuck Historical Society Waterbury, CT | $30,372,011 | $3,496,557 |
Edith Wharton Restoration Inc Lenox, MA | $18,245,381 | $3,306,294 |
Rhode Island Historical Society Providence, RI | $30,696,643 | $3,629,513 |
Galvan Initiatives Foundation New York, NY | $45,061,487 | $6,375,160 |
Concord Antiquarian Society Concord, MA | $23,141,155 | $2,972,281 |