Laurel Historical Society Inc
- Assets
- $1.4m
- Revenue
- $135.3k
- Investments
- $0.0
- Employees
- 4
- Location
- Laurel, MD
- Founding
- 07/1991
- Data as of
- 06/2021
- EIN
- 52-1713516
Organization Overview
Laurel Historical Society Inc is located in Laurel, MD. The organization was established in 1991. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2021, Laurel Historical Society Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Laurel 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 06/2021, Laurel Historical Society Inc generated $135.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (14.4%) each year. All expenses for the organization totaled $156.6k during the year ending 06/2021. 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 MISSION OF THE LAUREL HISTORICAL SOCIETY IS TO ENCOURAGE THE UNDERSTANDING AND PRESERVATION OF THE HISTORY AND CULTURAL HERITAGE OF LAUREL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LAUREL HISTORICAL SOCIETY HAD AN EXHIBIT TO THE PUBLIC ON UNPACKING LAURELS PAST: ARTIFACTS TELL THE STORIES, HOSTED A SUMMER CAMP, AND HAD SEVERAL WEBINARS.
PUBLIC PROGRAMMING WAS HELD IN THE FORM OF PROGRAMS THROUGHOUT THE PERIOD ON LAURELS HISTORY OPEN TO THE PUBLIC, AND A SPEAKERS BUREAU PROVIDING CONTENT RICH PROGRAMMING TO GROUPS THROUGHOUT LAUREL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann Bennett Executive Director | 40 | $54,012 | |
Monica Sturdivant Assistnat To The Director | Officer | 20 | $17,862 |
Karen Lubieniecki Chairwoman | OfficerTrustee | 1 | $0 |
Alicia Fields Vice-President | OfficerTrustee | 1 | $0 |
Lesley Brinton Treasurer | OfficerTrustee | 1 | $0 |
Jhanna Levin President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,221 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $39,055 |
| All other contributions, gifts, grants, and similar amounts not included above | $66,600 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $106,876 |
| Total Program Service Revenue | $8,434 |
| Investment income | $17,080 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $2,433 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $135,303 |
| 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. | $52,614 |
| Compensation of current officers, directors, key employees. | $5,281 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $17,674 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,654 |
| Payroll taxes | $5,719 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,823 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,045 |
| Advertising and promotion | $0 |
| Office expenses | $12,562 |
| Information technology | $523 |
| Royalties | $0 |
| Occupancy | $32,550 |
| 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 | $1,148 |
| Insurance | $4,123 |
| All other expenses | $4,000 |
| Total functional expenses | $156,631 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,700 |
| Savings and temporary cash investments | $96,187 |
| 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 | $13,056 |
| Prepaid expenses and deferred charges | $4,111 |
| Net Land, buildings, and equipment | $2,732 |
| Investments—publicly traded securities | $1,275,404 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,435,190 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $14,195 |
| 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 | $13,787 |
| Total liabilities | $27,982 |
| Net assets without donor restrictions | $1,228,340 |
| Net assets with donor restrictions | $178,868 |
| 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 | $1,435,190 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Laurel Historical Society Inc has recieved totaling $69.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $69 |
Endowment Analysis
| Beg. Balance | $156,129 |
| Ending Balance | $156,129 |
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|---|---|---|
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United Planning Organization Washington, DC | $21,957,692 | $39,543,643 |
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Jewish Social Service Agency Rockville, MD | $78,004,250 | $40,027,018 |
American Action Network Inc Washington, DC | $3,726,560 | $29,638,224 |
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