Overview
What is Islesboro Historical Society Inc?
The Islesboro Historical Society Inc, based in Islesboro, Maine, is a nonprofit organization dedicated to preserving and promoting the history of the town and its residents. They accomplish this by collecting, safeguarding, and showcasing various historical materials such as documents, paintings, photographs, maps, artifacts, and buildings. Their mission extends beyond just preservation; they also aim to interpret and celebrate the town's culture through hosted events and activities. In 2022, they focused on maintaining their building and museum, investing $13,017 in routine maintenance, security, and operational costs. The society's efforts are sustained by a small team of one dedicated individual.
Official website here: www.islesborohistorical.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 36% (Zero-Star out of Four Star rating)
The Islesboro Historical Society Inc has received a low rating of 36% from Charity Navigator, indicating significant concerns regarding its accountability and financial management practices. While the organization does have a fully independent board, which scores well in areas like board size and the proper documentation of meeting minutes, it falls short in several key areas critical for transparency and governance.
Particularly troubling is the lack of a conflict of interest policy and a whistleblower policy, both of which received zero points. Additionally, the organization has failed to meet important financial benchmarks, including a poor program expense ratio and a concerning liabilities to assets ratio, suggesting that financial health and operational effectiveness may be compromised.
Overall, while the Islesboro Historical Society demonstrates some strengths in governance, the absence of essential policies and poor financial metrics raises serious questions about its operational integrity and effectiveness. Without substantial improvements in these areas, the organization may struggle to gain the trust of its stakeholders and fulfill its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Islesboro Historical Society Inc legitimate?
Islesboro Historical Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Islesboro Historical Society Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,375
For more financial information, click here
Official website here: www.islesborohistorical.org/
What is the mission statement of Islesboro Historical Society Inc?
The Islesboro Historical Society Inc's mission is centered around uniting individuals with an interest in the town's history. Their primary objective is to amass and safeguard documents, records, paintings, photographs, maps, objects, artifacts, and buildings that reflect Islesboro's history and its inhabitants. Additionally, the society aims to preserve, promote, and interpret the local culture by sponsoring and supporting events that celebrate and sustain it in various forms. These activities help in showcasing and upholding Islesboro's past and its significance in local, regional, and national history.
Official website here: www.islesborohistorical.org/
Who is the CEO of Islesboro Historical Society Inc?
Patrick O' Bannon is the President of Islesboro Historical Society Inc.
Official website here: www.islesborohistorical.org/
What is the revenue of Islesboro Historical Society Inc?
Islesboro Historical Society Inc's revenue in 2022 was $55,486.
Official website here: www.islesborohistorical.org/
Who are the executives of Islesboro Historical Society Inc and what are their salaries?
The average compensation at Islesboro Historical Society Inc during 2022 was $9,375. There is 1 employee and 40 volunteers at Islesboro Historical Society Inc.
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Official website here: www.islesborohistorical.org/
Where can I find the form 990 for Islesboro Historical Society Inc?
Islesboro Historical Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.islesborohistorical.org/
Learn more at the official website: www.islesborohistorical.org/
Mission Statement of Islesboro Historical Society Inc
The Islesboro Historical Society Inc is an organization dedicated to fostering a sense of community among individuals who share an interest in the town's history. Its primary mission is to gather, conserve, and showcase materials that shed light on Islesboro's past, its significance at the local, regional, and national levels. These materials encompass a wide range of items, such as manuscripts, photographs, paintings, maps, artifacts, and buildings related to the town and its residents.
Beyond its preservation efforts, the Islesboro Historical Society Inc also seeks to safeguard and celebrate the culture of the town and its people. It accomplishes this by sponsoring, hosting, and supporting events that honor and uphold the diverse aspects of Islesboro's heritage. By doing so, the Society aims to engage the community and promote an appreciation for the town's rich history and unique identity. In short, the Islesboro Historical Society Inc serves as a platform for individuals to connect and learn about their shared past, while fostering a sense of pride and continuity in the town's culture.
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Impact
August, 2024
The Islesboro Historical Society Inc plays a crucial role in preserving the history and culture of Islesboro. By collecting, preserving, and promoting materials related to the town's history, including documents, records, artifacts, and buildings, the Society ensures that future generations have access to their rich heritage. Additionally, through hosting and supporting activities and events that celebrate Islesboro's culture, the Society helps to sustain and promote the unique identity of the town and its residents. Its dedication to historical preservation and cultural promotion contributes to a deeper understanding and appreciation of Islesboro's place in local, regional, and national history.
This information is meant to be a general summary of Islesboro Historical Society Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $21,831
- Gross Receipts: $67,506
Assets and Liabilities:
- Total Assets: $557,503
- Total Liabilities: $4,301
- Net Assets: $553,202
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Organization Details
Founding Year
1964
Phone
(207) 734-6733Principal Officer
Patrick O' Bannon
Main Address
PO Box 301, Islesboro, ME, 04848
Website
www.islesborohistorical.org/NTEE Category
Code: A80 - Arts
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