Townsend Society Of America
- Assets
- $1.3m
- Revenue
- $86.1k
- Investments
- $1.3m
- Employees
- 0
- Location
- Oyster Bay, NY
- Founding
- 02/2002
- Data as of
- 12/2021
- EIN
- 23-7171119
Organization Overview
Townsend Society Of America is located in Oyster Bay, NY. The organization was established in 2002. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Townsend Society Of America 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, Townsend Society Of America generated $86.1k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 22.2% each year . All expenses for the organization totaled $42.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF ARCHIVES AND GENEALOGICAL SOCIETY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lewis Townsend President | 0 | $0 | |
Liane T Fenimore 1st Vice Pre | 0 | $0 | |
Richard Townsend 2nd Vice Pre | 0 | $0 | |
William Perks Treasurer | 0 | $0 | |
Kimberly A Townsend Spangrude Trustee | 0 | $0 | |
Jim Townsend Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1 |
| Dividends & Interest | $24,652 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $55,961 |
| Capital Gain Net Income | $1,217 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,495 |
| Total Revenue | $86,109 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $18,022 |
| Total operating and administrative expenses | $41,970 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $41,970 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $547 |
| Savings and temporary cash investments | $67 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $672,749 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,346,112 |
| Accounts payable and accrued expenses | $2,909 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $405,848 |
| Total liabilities | $408,757 |
Peer Organizations
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|---|---|---|
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Lower East Side Tenement Museum New York, NY | $36,923,048 | $8,687,426 |
Historic Deerfield Inc Deerfield, MA | $76,973,698 | $8,334,092 |
Heritage Plantation Of Sandwich Inc Sandwich, MA | $34,658,032 | $6,604,835 |
Genesee Country Museum Mumford, NY | $24,289,826 | $5,606,616 |
Fenimore Art Museum New York, NY | $63,527,114 | $3,838,046 |
Farmers Museum Inc New York, NY | $82,300,614 | $4,849,865 |
Scottish Rite Masonic Museum & Library Inc Lexington, MA | $63,564,259 | $9,227,595 |
General Society Of Mayflower Descendants Plymouth, MA | $8,416,506 | $2,797,450 |
The Long Island Museum Of American Art History & Carriages Stony Brook, NY | $25,489,639 | $2,528,641 |
The Mark Twain Memorial Hartford, CT | $16,236,418 | $4,258,653 |
National Coast Guard Museum Association Inc New London, CT | $17,635,253 | $4,459,044 |