Overview
What is Bar Harbor Historical Society Inc?
Bar Harbor Historical Society Inc is a dedicated nonprofit organization situated in Bar Harbor, Maine. Committed to preserving the city's historical landmarks and documents, they aim to make these valuable resources accessible to the public. During the spring, summer, and fall seasons, visitors are welcome to explore the La Rochelle Mansion and Museum, where temporary exhibitions from other nonprofits are also featured. The Society's mission is to showcase Bar Harbor's rich past through their unique collection, ensuring the proper interpretation of the mansion's design, content, and history. Their efforts have led to the expansion of exhibitions, utilizing a significant portion of the museum's second and third floors. With a team of five dedicated individuals, the Bar Harbor Historical Society Inc serves to educate and engage the community in the city's historical heritage.
Official website here: www.barharborhistorical.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star Rating
The Bar Harbor Historical Society Inc has received an impressive rating of 97% from Charity Navigator, which reflects its strong accountability and financial health. This high score is derived entirely from the organization's accountability and finance metrics, signaling that it effectively manages its resources and is committed to transparency.
Among the strengths highlighted, the Society boasts a fully independent board with 13 members, ensuring unbiased governance. It also has robust policies in place, including a conflict of interest policy and a whistleblower policy, which contribute to its ethical standards. Additionally, the organization demonstrates fiscal responsibility with an excellent program expense ratio of 81.15%, indicating that a significant portion of its funding is directed toward its programs.
While the data does not point to any notable limitations, the financial health reflected in a liabilities to assets ratio of just 21.39% suggests that the organization maintains a strong balance sheet. Overall, the Bar Harbor Historical Society Inc appears to be a well-managed nonprofit, dedicated to its mission while ensuring accountability to its donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Bar Harbor Historical Society Inc legitimate?
Bar Harbor Historical Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bar Harbor 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: $45,263
Other Salaries and Wages: $52,701
For more financial information, click here
Official website here: www.barharborhistorical.org
What is the mission statement of Bar Harbor Historical Society Inc?
The Bar Harbor Historical Society Inc's mission is centered around preserving historical landmarks, documents, and other related materials. They aim to make these resources accessible to the public for educational and enjoyment purposes. The society strives to showcase Bar Harbor's rich past through its unique collection, providing accurate interpretations of the design, content, and history of certain landmarks. Furthermore, they ensure that the community has opportunities to engage with and learn from this historical material. The society is currently expanding its collections care and digitizing its archives to increase public access to Bar Harbor's history. During the spring, summer, and fall seasons, visitors are welcome to explore the La Rochelle Mansion and Museum, and nonprofits are occasionally hosted for exhibitions. Exhibitions have grown in scope, now utilizing the entire second floor and part of the third floor of the museum.
Official website here: www.barharborhistorical.org
Who is the CEO of Bar Harbor Historical Society Inc?
Becky Heden is the Director of Bar Harbor Historical Society Inc.
Official website here: www.barharborhistorical.org
What is the revenue of Bar Harbor Historical Society Inc?
Bar Harbor Historical Society Inc's revenue in 2022 was $470,064.
Official website here: www.barharborhistorical.org
Who are the executives of Bar Harbor Historical Society Inc and what are their salaries?
The average compensation at Bar Harbor Historical Society Inc during 2022 was $10,540. There are 5 employees and 41 volunteers at Bar Harbor Historical Society Inc.
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Official website here: www.barharborhistorical.org
Where can I find the form 990 for Bar Harbor Historical Society Inc?
Bar Harbor Historical Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.barharborhistorical.org
Learn more at the official website: www.barharborhistorical.org
Mission Statement of Bar Harbor Historical Society Inc
Bar Harbor Historical Society Inc is dedicated to preserving historical landmarks, documents, and other artifacts, and making them accessible to the public. Their primary mission is to effectively showcase and preserve Bar Harbor's rich history through their unique collection. The society strives to accurately interpret the design, content, and history of La Rochelle, ensuring that it serves as a source of enjoyment and education for all. To achieve this, they are actively working on expanding the digitization of their archives, aiming to provide wider public access to Bar Harbor's history. During the spring, summer, and fall seasons, visitors are welcome to explore the La Rochelle Mansion and Museum, which also serves as a venue for other nonprofit organizations to host exhibitions. The exhibitions have grown in scope, now utilizing the entire second floor and part of the third floor of the museum.
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Impact
July, 2024
The Bar Harbor Historical Society Inc has a significant impact on preserving the historical landmarks, documents, and artifacts of Bar Harbor. Through their museum, they are able to advance collections care and expand the digitization of their archives, providing greater public access to the history of the region. Visitors are welcomed to the La Rochelle Mansion and Museum during the spring, summer, and fall seasons, where they can explore exhibitions that showcase the rich past of Bar Harbor. By effectively displaying and preserving the history of the area, the Bar Harbor Historical Society Inc ensures that all individuals have access to educational opportunities and can enjoy the unique collection housed at the museum.
This information is meant to be a general summary of Bar Harbor 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: $7,981
- Program Service Revenue: $122,769
- Gross Receipts: $499,763
Assets and Liabilities:
- Total Assets: $4,914,114
- Total Liabilities: $1,051,406
- Net Assets: $3,862,708
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$92,271
EVENT NET REVENUE
Revenue
$30,498
Organization Details
Founding Year
1976
Phone
(207) 288-0000Principal Officer
Becky Heden
Main Address
127 WEST STREET, BAR HARBOR, ME, 04609
Website
www.barharborhistorical.orgNTEE Category
Code: A80 - Arts
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