Connecticut Historical Society
- Assets
- $72.7m
- Revenue
- $6.6m
- Investments
- $0.0
- Employees
- 48
- Location
- Hartford, CT
- Founding
- 10/1934
- Data as of
- 12/2021
- EIN
- 06-6026012
Organization Overview
Connecticut Historical Society is located in Hartford, CT. The organization was established in 1934. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Connecticut Historical Society employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Connecticut 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 12/2021, Connecticut Historical Society generated $6.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $3.9m during the year ending 12/2021. While expenses have increased by 4.9% 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 MISSION OF THE CHS IS TO CULTIVATE DEEP UNDERSTANDING OF THE HISTORY AND CULTURE OF CONNECTICUT, AND ITS ROLE IN AMERICA AND THE WORLD, THROUGH REFLECTION OF THE PAST, ACTIVE ENGAGEMENT WITH THE PRESENT, AND INNOVATION FOR THE FUTURE THROUGH OUR COLLECTIONS, RESEARCH, EDUCATIONAL PROGRAMS, AND EXHIBITIONS. THE CHSS VISION IS TO WORK WITH AN INCLUSIVE AUDIENCE TO PROMOTE HISTORICAL AND CULTURAL PERSPECTIVES AS ESSENTIAL TOOLS TO CONNECT WITH OTHERS, SHAPE COMMUNITIES, AND MAKE INFORMED DECISIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLECTIONS DEVELOPMENT - MANAGES THE DIVERSE COLLECTIONS MATERIALS (BOOKS, MANUSCRIPTS, FURNITURE, COSTUMES AND MANY OTHER OBJECTS) RELATED TO CONNECTICUT'S MATERIAL CULTURE FROM THE LATE 17TH CENTURY TO THE PRESENT.
EDUCATION - PROMOTES THE STUDY AND ENJOYMENT OF CONNECTICUT HISTORY THROUGH SCHOOL GROUP AND ADULT PROGRAMS, TOURS AND OUTREACH ACTIVITIES.
EXHIBITS AND PROGRAMS - DEVELOPS AND DISPLAYS THEMED EXHIBITIONS RELATED TO VARIOUS ASPECTS OF CONNECTICUT HISTORY, ALONG WITH ACCOMPANYING LECTURES AND BOOK TALKS.
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 |
|---|---|---|---|
Robert A Kret CEO | Officer | 50 | $182,932 |
Richard Tuchman Chief Adv. Officer | 50 | $136,499 | |
Kevin Hughes CFO | Officer | 50 | $122,140 |
Ilene Frank Chief Curator | 50 | $118,317 | |
David Klein Treasurer | OfficerTrustee | 2 | $0 |
Henry Zachs 2nd Vice Pres. | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Johnson Controls Security Security | 12/30/21 | $227,654 |
Community Counseling Service Consulting | 12/30/21 | $125,000 |
Reed Hilderbrand Architects | 12/30/21 | $138,163 |
Resources Management Corp Investment Managers | 12/30/21 | $159,227 |
Lord Cultural Resources Consulting | 12/30/21 | $104,976 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $64,935 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,204,909 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,249,829 |
| Noncash contributions included in lines 1a–1f | $9,028 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,519,673 |
| Total Program Service Revenue | $72,416 |
| Investment income | $940,292 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,029,428 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,307 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,569,476 |
| 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. | $311,479 |
| Compensation of current officers, directors, key employees. | $129,848 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,576,439 |
| Pension plan accruals and contributions | $81,844 |
| Other employee benefits | $91,970 |
| Payroll taxes | $141,864 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $19,888 |
| Fees for services: Accounting | $21,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $175,519 |
| Fees for services: Other | $0 |
| Advertising and promotion | $12,234 |
| Office expenses | $136,567 |
| Information technology | $69,903 |
| Royalties | $0 |
| Occupancy | $385,694 |
| Travel | $7,904 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,348 |
| Interest | $2,768 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $175,856 |
| Insurance | $6,783 |
| All other expenses | $89,510 |
| Total functional expenses | $3,938,568 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $982,039 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,143,915 |
| Accounts receivable, net | $3,719 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $46,331 |
| Prepaid expenses and deferred charges | $52,383 |
| Net Land, buildings, and equipment | $4,087,255 |
| Investments—publicly traded securities | $49,441,027 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $16,970,434 |
| Total assets | $72,727,103 |
| Accounts payable and accrued expenses | $220,467 |
| Grants payable | $0 |
| Deferred revenue | $6,400 |
| 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 | $286,889 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $513,756 |
| Net assets without donor restrictions | $26,480,732 |
| Net assets with donor restrictions | $45,732,615 |
| 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 | $72,727,103 |
Grants Recieved
Over the last fiscal year, we have identified 21 grants that Connecticut Historical Society has recieved totaling $1,101,142.
| Awarding Organization | Amount |
|---|---|
Charles G Woodward Tr Uw Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $491,312 |
Frederick S Bliss Estate Tr Uw Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $112,583 |
Hartford Foundation For Public Giving Hartford, CT PURPOSE: EDUCATION | $100,000 |
Hartford Foundation For Public Giving Hartford, CT PURPOSE: EDUCATION | $100,000 |
Hartford Foundation For Public Giving Hartford, CT PURPOSE: EDUCATION | $100,000 |
G E Bliss Trust Uw 1-3 Residue Fund 0719124 Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $74,804 |
Endowment Analysis
| Beg. Balance | $42,161,813 |
| Earnings | $7,981,351 |
| Net Contributions | $374,700 |
| Other Expense | $1,693,008 |
| Ending Balance | $48,824,856 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Preservation Society Of Newport County Newport, RI | $83,597,126 | $27,874,827 |
Friends Of The High Line Inc New York, NY | $106,621,000 | $20,114,000 |
World Monuments Fund Inc New York, NY | $56,711,356 | $20,259,179 |
Historic Hudson Valley Pocantico Hills, NY | $88,361,473 | $19,006,453 |
New England Historic Genealogical Society Inc Boston, MA | $58,526,477 | $13,569,592 |
Connecticut Trust For Historic Preservation Hamden, CT | $2,880,357 | $12,511,714 |
The Fort Ticonderoga Association Inc Ticonderoga, NY | $22,583,346 | $10,084,437 |
The Josef And Anni Albers Foundation Inc Bethany, CT | $32,115,057 | $7,525,828 |
Massachusetts Historical Society Boston, MA | $153,195,244 | $13,508,822 |
Statue Of Liberty Ellis Island Foundation Inc New York, NY | $69,211,443 | $8,809,212 |
Edward M Kennedy Institute For The United States Senate Inc Boston, MA | $123,530,650 | $3,733,081 |
Nantucket Historical Association Nantucket, MA | $54,222,410 | $8,695,480 |