New Jersey Historical Society
- Assets
- $5.7m
- Revenue
- $536.7k
- Investments
- $0.0
- Employees
- 5
- Location
- Newark, NJ
- Founding
- 06/1926
- Data as of
- 12/2021
- EIN
- 22-1506302
Organization Overview
New Jersey Historical Society is located in Newark, NJ. The organization was established in 1926. 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, New Jersey Historical Society employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Jersey 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, New Jersey Historical Society generated $536.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $410.8k during the year ending 12/2021. 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 NEW JERSEY HISTORICAL SOCIETY COLLECTS, PRESERVES, TEACHES, AND INTERPRETS NEW JERSEY HISTORY THROUGH OUR ARCHIVES, RESEARCH LIBRARY, AND EDUCATIONAL PROGRAMS. WE DO SO IN THE BELIEF THAT AN UNDERSTANDING AND APPRECIATION OF HISTORICAL ISSUES, DECISIONS, AND ACTIONS CAN INFORM AND INSPIRE THE PEOPLE OF NEW JERSEY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSEUM - CURATE EXHIBITS AND DEVELOP PROGRAMS THAT EDUCATE THE PUBLIC AND PRESERVE THE PAST, PRESENT AND FUTURE OF NEW JERSEY.
LIBRARY - MAINTAIN THE SOCIETY'S LIBRARY WHICH IS ONE OF THE LARGEST REPOSITORIES OF NEW JERSEY HISTORY.
EDUCATION - TO INCREASE THE UNDERSTANDING OF NEW JERSEY HISTORY TO CHILDREN, FAMILIES, STUDENTS, ORGANIZATIONS, SCHOLARS AND THE GENERAL PUBLIC THROUGH EDUCATIONAL PROGRAMS.
PUBLICATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Parker Vice Chair | OfficerTrustee | $0 | |
Vera Mccants Secretary | OfficerTrustee | $0 | |
Steve Tettamanti Assistant Tr | OfficerTrustee | $0 | |
John Zinn Chairman | OfficerTrustee | $0 | |
Ross Wisnewski Vice Chair | OfficerTrustee | $0 | |
Roger Brody Trustee | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $7,652 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $72,583 |
| All other contributions, gifts, grants, and similar amounts not included above | $340,709 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $420,944 |
| Total Program Service Revenue | $1,636 |
| Investment income | $41,272 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $43,830 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $177 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $536,735 |
| 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 | $135,007 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $13,492 |
| Payroll taxes | $15,439 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,490 |
| 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 | $92 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,983 |
| 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 | $176,400 |
| Insurance | $28,763 |
| All other expenses | $1,324 |
| Total functional expenses | $410,820 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $147,532 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $39,871 |
| 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 | $6,670 |
| Net Land, buildings, and equipment | $2,829,453 |
| Investments—publicly traded securities | $2,667,563 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,691,089 |
| Accounts payable and accrued expenses | $20,426 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $20,426 |
| Net assets without donor restrictions | $5,529,163 |
| Net assets with donor restrictions | $141,500 |
| 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 | $5,691,089 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that New Jersey Historical Society has recieved totaling $10,500.
| Awarding Organization | Amount |
|---|---|
Turrell Fund Montclair, NJ PURPOSE: PROGRAM SUPPORT | $10,000 |
Healey Family Foundation Morristown, NJ PURPOSE: GENERAL SUPPORT | $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 |
Historical Society Of Pennsylvania Philadelphia, PA | $29,519,223 | $5,864,620 |
Bucks County Historical Society Mercer Museum Doylestown, PA | $25,757,784 | $3,151,386 |
Galvan Initiatives Foundation New York, NY | $45,061,487 | $6,375,160 |
Lake George Association Inc Lake George, NY | $20,500,954 | $6,877,319 |
Lancasterhistory Org Lancaster, PA | $21,295,803 | $1,939,476 |
Royal Oak Foundation Inc New York, NY | $7,446,621 | $2,765,681 |
Partners For Sacred Places Inc Philadelphia, PA | $5,285,974 | $2,628,300 |
Historic Morven Inc Princeton, NJ | $24,966,023 | $2,239,709 |
Adirondack Railway Preservation Society Utica, NY | $2,682,180 | $3,406,896 |