Hingham Historical Society
- Assets
- $7.0m
- Revenue
- $952.3k
- Investments
- $0.0
- Employees
- 17
- Location
- Hingham, MA
- Founding
- 11/1950
- Data as of
- 12/2023
- EIN
- 04-6052033
Organization Overview
Hingham Historical Society is located in Hingham, MA. The organization was established in 1950. 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 12/2023, Hingham Historical Society employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hingham Historical Society 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 12/2023, Hingham Historical Society generated $952.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $965.6k during the year ending 12/2023. 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 PROMOTE A WIDE RANGE OF HISTORICAL PRESERVATION ACTIVITIES IN THE TOWN OF HINGHAM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY OUTREACH-IN 2023, COMMUNITY OUTREACH INCLUDED AN OUTDOOR PRESCHOOL STORY HOUR, LINCOLN DAY, SPRINGHAM.
EDUCATION-IN 2023, THERE WERE LECTURES OVER TWO SEPARATE SERIES: NATIVE HOMELAND/SETTLER COLONIALISM THROUGH APRIL 2023 AND THEN SUBURBIA: THE AMERICAN DREAM FROM SEPTEMBER THROUGH DECEMBER. FIELD TRIPS FOR STUDENTS IN 3RD, 5TH, AND 11TH GRADERS WERE HELD THROUGHOUT THE YEAR.
MEMBERSHIP EVENTS IN 2023 INCLUDED A NEW MEMBER RECEPTION, THE HARVEST SUPPER AND A HOLIDAY TEA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deirdre Anderson Executive Director | Officer | 40 | $104,000 |
James Conroy Director | Trustee | 2 | $0 |
Deborah Edmundson Director | Trustee | 1 | $0 |
Cynthia Galko Director | Trustee | 1 | $0 |
Dorothy Galo Director | Trustee | 1 | $0 |
Eileen Mcintyre Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $98,879 |
| Fundraising events | $76,206 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $578,480 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $753,565 |
| Total Program Service Revenue | $64,274 |
| Investment income | $26,029 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $15,500 |
| Net Gain/Loss on Asset Sales | $49,919 |
| Net Income from Fundraising Events | $40,266 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$42 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $952,292 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,066 |
| 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. | $104,000 |
| Compensation of current officers, directors, key employees. | $34,667 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $260,072 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $656 |
| Payroll taxes | $32,776 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $39,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,415 |
| Fees for services: Other | $77,538 |
| Advertising and promotion | $179 |
| Office expenses | $69,965 |
| Information technology | $2,100 |
| Royalties | $0 |
| Occupancy | $113,937 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $25,851 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $131,890 |
| Insurance | $43,706 |
| All other expenses | $2,275 |
| Total functional expenses | $965,639 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $148,263 |
| Savings and temporary cash investments | $202,406 |
| Pledges and grants receivable | $139,000 |
| 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 | $4,485,386 |
| Investments—publicly traded securities | $2,016,607 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,991,662 |
| Accounts payable and accrued expenses | $36,748 |
| Grants payable | $0 |
| Deferred revenue | $7,250 |
| 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 | $656,068 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $700,066 |
| Net assets without donor restrictions | $5,001,451 |
| Net assets with donor restrictions | $1,290,145 |
| 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 | $6,991,662 |