Morris County Historical Society
- Assets
- $3.1m
- Revenue
- $600.9k
- Investments
- $0.0
- Employees
- 8
- Location
- Morristown, NJ
- Founding
- 06/1965
- Data as of
- 12/2021
- EIN
- 22-6035573
Organization Overview
Morris County Historical Society is located in Morristown, NJ. The organization was established in 1965. 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, Morris County Historical Society employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Morris County 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, Morris County Historical Society generated $600.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $707.5k during the year ending 12/2021. While expenses have increased by 4.0% 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 MORRIS COUNTY HISTORICAL SOCIETY, AS THE REPRESENTATIVE OF A COUNTY WITH AN EXCITING AND UNIQUE PLACE IN THE HISTORY OF THE UNITED STATES, IS TO DISCOVER, PRESERVE AND MAKE KNOWN THE HISTORY OF MORRIS COUNTY THROUGH EXHIBITS, PROGRAMS, PUBLICATIONS, AND PRESERVATION ADVOCACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE EXEMPT PURPOSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy E Curry Executive Di | Officer | 45 | $75,816 |
Kathleen O Margiotta President | OfficerTrustee | 2 | $0 |
Gail Boertzel Vice Preside | OfficerTrustee | 2 | $0 |
Robert Alper Treasurer | OfficerTrustee | 2 | $0 |
Mary Hager Secretary | OfficerTrustee | 2 | $0 |
Joen Luy Ferrari Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $6,952 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $274,990 |
| All other contributions, gifts, grants, and similar amounts not included above | $218,656 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $500,598 |
| Total Program Service Revenue | $4,030 |
| Investment income | $33,172 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $65,757 |
| Net Income from Fundraising Events | -$2,722 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $600,867 |
| 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. | $75,816 |
| Compensation of current officers, directors, key employees. | $17,438 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $149,441 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $26,195 |
| Payroll taxes | $21,061 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $50 |
| Office expenses | $7,392 |
| Information technology | $2,554 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $36,423 |
| All other expenses | $16,524 |
| Total functional expenses | $707,466 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,988 |
| Savings and temporary cash investments | $726,139 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,392,360 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,148,487 |
| Accounts payable and accrued expenses | $96 |
| 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 | $96 |
| Net assets without donor restrictions | $2,996,871 |
| Net assets with donor restrictions | $151,520 |
| 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 | $3,148,487 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Morris County Historical Society has recieved totaling $10,049.
| Awarding Organization | Amount |
|---|---|
F M Kirby Foundation Inc Morristown, NJ PURPOSE: TOWARD SUPPORT OF PHASE I ARCHAEOLOGICAL INVESTIGATION OF ICEHOUSE/GREENHOUSE FOUNDATION | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $49 |
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 |