Harriet Beecher Stowe Center Inc is located in Hartford, CT. The organization was established in 1953. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Harriet Beecher Stowe Center Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Harriet Beecher Stowe Center 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 12/2022, Harriet Beecher Stowe Center Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $1.6m during the year ending 12/2022. While expenses have increased by 1.3% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
HARRIET BEECHER STOWE CENTER USES THE 19TH CENTURY AUTHOR STOWE TO INSPIRE POSITIVE CHANGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTAIN AND OPERATE THE HARRIET BEECHER STOWE CENTER, A MUSEUM, RESEARCH LIBRARY AND PROGRAM CENTER.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sean Genden Treasurer | OfficerTrustee | 2 | $0 |
Cheryl Greenberg Trustee | Trustee | 2 | $0 |
Dr Joan D Hedrick Trustee | Trustee | 2 | $0 |
Dave Jenkins Board Chair | OfficerTrustee | 2 | $0 |
Jeffrey O G Ogbar Trustee | Trustee | 2 | $0 |
Carolyn Treiss Board Vice Chair | OfficerTrustee | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $4,655 |
| Fundraising events | $121,371 |
| Related organizations | $0 |
| Government grants | $303,544 |
| All other contributions, gifts, grants, and similar amounts not included above | $269,253 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $698,823 |
| Total Program Service Revenue | $88,635 |
| Investment income | $528,152 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$80,997 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $15,540 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,250,153 |
| 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. | $155,798 |
| Compensation of current officers, directors, key employees. | $54,529 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $428,006 |
| Pension plan accruals and contributions | $4,138 |
| Other employee benefits | $18,210 |
| Payroll taxes | $38,415 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $48,660 |
| Fees for services: Accounting | $181,426 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $25,000 |
| Fees for services: Other | $205,887 |
| Advertising and promotion | $56,417 |
| Office expenses | $29,110 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $45,693 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,676 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $97,022 |
| Insurance | $56,538 |
| All other expenses | $0 |
| Total functional expenses | $1,572,588 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $230,908 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $77,187 |
| 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 | $21,134 |
| Prepaid expenses and deferred charges | $6,736 |
| Net Land, buildings, and equipment | $2,248,508 |
| Investments—publicly traded securities | $15,015,248 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $17,599,721 |
| Accounts payable and accrued expenses | $126,973 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $200,000 |
| Other liabilities | $0 |
| Total liabilities | $326,973 |
| Net assets without donor restrictions | $16,868,027 |
| Net assets with donor restrictions | $404,721 |
| 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 | $17,599,721 |