Peabody Historical Society
- Assets
- $3.9m
- Revenue
- $668.1k
- Investments
- $0.0
- Employees
- 6
- Location
- Peabody, MA
- Founding
- 10/1974
- Data as of
- 04/2021
- EIN
- 23-7401209
Organization Overview
Peabody Historical Society is located in Peabody, 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. As of 04/2022, Peabody Historical Society employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peabody 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 04/2021, Peabody Historical Society generated $668.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $396.4k during the year ending 04/2021. 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
PRESERVATION OF HISTORICAL SITES AND MAINTENANCE OF HISTORICAL DATA IN PEABODY, MA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESERVATION OF HISTORICAL SITES AND MAINTENANCE OF HISTORICAL DATA IN PEABODY, MA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Zellen Treasurer | OfficerTrustee | 1 | $0 |
Richard St Pierre Vice President | OfficerTrustee | 1 | $0 |
Daniel Doucette Librarian | OfficerTrustee | 1 | $0 |
Dianne Marchese Clerk | OfficerTrustee | 1 | $0 |
Ann Birkner Secretary | OfficerTrustee | 16 | $0 |
Margaret Abbott Vice President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $101,360 |
| Investment income | $93,985 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $45,000 |
| Net Gain/Loss on Asset Sales | $23,034 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$2,979 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $668,140 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $168,228 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,574 |
| Payroll taxes | $18,257 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,040 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,585 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| 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 | $1,290 |
| Interest | $90 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $68,898 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $396,406 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $356,538 |
| Savings and temporary cash investments | $0 |
| 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 | $13,612 |
| Investments—publicly traded securities | $1,991,220 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,867,258 |
| Accounts payable and accrued expenses | $15,553 |
| Grants payable | $0 |
| Deferred revenue | $276,318 |
| 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 | $291,871 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $3,575,387 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Peabody Historical Society has recieved totaling $31.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $31 |
Endowment Analysis
| Beg. Balance | $376,500 |
| Ending Balance | $376,500 |
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 |
Marthas Vineyard Museum Inc Vineyard Haven, MA | $28,426,122 | $2,586,449 |
Florence Griswold Museum Inc Old Lyme, CT | $32,307,778 | $2,875,061 |
Friends Of Hildene Inc Manchester, VT | $15,529,063 | $5,299,027 |
Sakonnet Preservation Assoc Inc Little Compton, RI | $7,767,895 | $3,666,448 |
Mattatuck Historical Society Waterbury, CT | $30,372,011 | $3,496,557 |
Edith Wharton Restoration Inc Lenox, MA | $18,245,381 | $3,306,294 |
Rhode Island Historical Society Providence, RI | $30,696,643 | $3,629,513 |
Galvan Initiatives Foundation New York, NY | $45,061,487 | $6,375,160 |
Concord Antiquarian Society Concord, MA | $23,141,155 | $2,972,281 |