Walpole Historical Society Inc
- Assets
- $381.7k
- Revenue
- $28.5k
- Investments
- $279.0k
- Employees
- 0
- Location
- Walpole, MA
- Founding
- 01/1974
- Data as of
- 03/2023
- EIN
- 23-7357148
Organization Overview
Walpole Historical Society Inc is located in Walpole, MA. The organization was established in 1974. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Walpole Historical Society 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 03/2023, Walpole Historical Society Inc generated $28.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $15.2k during the year ending 03/2023. While expenses have increased by 12.8% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESERVATION OF HISTORIC BOOKS
MEETINGS AND HISTORICAL INFORMATION
MAINTENANCE OF HISTORICAL BUILDING
SCHOLARSHIPS ENCOURAGING HISTORICAL STUDIES AND MONUMENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John R Anderson President | 10 | $0 | |
Susan Cosman Vice President | 2 | $0 | |
Betsey Dexter Dyer Corresponding Secretary | 2 | $0 | |
James Langmead Treasurer | 3 | $0 | |
Kathleen Birtwell Recording Secretary | 2 | $0 | |
Susan Anderson Librariancurator | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,380 |
| Interest on Savings | $3 |
| Dividends & Interest | $9,393 |
| Net Rental Income | $1,484 |
| Net Gain on Sale of Assets | $5,759 |
| Capital Gain Net Income | $5,759 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $800 |
| Other Income | $0 |
| Total Revenue | $28,535 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $601 |
| Depreciation | $0 |
| Occupancy | $5,716 |
| Travel, conferences, and meetings | $2,340 |
| Printing and publications | $0 |
| Other expenses | $1,592 |
| Total operating and administrative expenses | $10,874 |
| Contributions, gifts, grants paid | $4,328 |
| Total expenses and disbursements | $15,202 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $55,749 |
| Savings and temporary cash investments | $44,692 |
| 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 | $2,185 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $381,651 |
| Accounts payable and accrued expenses | $625 |
| 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 | $0 |
| Total liabilities | $625 |