Overview
What is Yarmouth Historical Society?
The Yarmouth Historical Society is a nonprofit organization located in Yarmouth, Maine. Its primary mission is to foster appreciation and awareness of the town's heritage. They achieve this by acquiring, preserving, and showcasing artifacts of historical significance. The society carries out various activities, such as hosting a lecture series, publishing newsletters, and presenting exhibits annually. They also engage in scholarly programs and provide assistance to researchers. The Yarmouth History Center serves as their museum, housing exhibit spaces and offices. The society employs a full-time curator/director, a full-time development officer, and part-time staff. Honoraria may be given to non-member presenters for the lecture series, while other activities are managed by volunteer members.
Official website here: www.yarmouthmehistory.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 50% (One-Star out of Four Stars)
The Yarmouth Historical Society has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its financial accountability and transparency. The organization scored 50% overall, reflecting particularly low performance in areas critical to financial health, such as the liabilities to assets ratio and program expense ratio, which suggests that a substantial portion of its expenses may not be allocated effectively toward its mission.
Despite these weaknesses, the organization shows strengths in governance practices. The board is entirely independent, and the society has robust policies in place regarding conflict of interest and whistleblowing. Additionally, the documentation of board meeting minutes and the inclusion of its website on tax forms suggest a commitment to maintaining good governance practices.
However, the nonprofit's failure to post its tax form on its website and the concerning ratio of liabilities to assets could deter potential donors and stakeholders from supporting its mission. Improving financial management and enhancing transparency could help the Yarmouth Historical Society strengthen its reputation and operational effectiveness in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Yarmouth Historical Society legitimate?
Yarmouth Historical Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yarmouth Historical Society 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: $76,193
Professional Fundraising Fees: $0
Other Salaries and Wages: $56,259
For more financial information, click here
Official website here: www.yarmouthmehistory.org
What is the mission statement of Yarmouth Historical Society?
The Yarmouth Historical Society's mission is to foster an understanding and appreciation for the town's history. They aim to accomplish this by acquiring, preserving, and exhibiting artifacts of historical significance. The society actively promotes awareness of Yarmouth's history through various means, such as a lecture series, newsletters, exhibits, and programs within the scholarly system. They also provide assistance to researchers and conduct events of historical interest. The society's activities are primarily carried out by member volunteers, although some honoraria may be given to non-member presenters for the lecture series and programs. The Yarmouth History Center serves as their headquarters, housing museum exhibit space and offices.
Official website here: www.yarmouthmehistory.org
Who is the CEO of Yarmouth Historical Society?
Eric Leinwand is the Trustee of Yarmouth Historical Society.
Official website here: www.yarmouthmehistory.org
What is the revenue of Yarmouth Historical Society?
Yarmouth Historical Society's revenue in 2022 was $494,453.
Official website here: www.yarmouthmehistory.org
Who are the executives of Yarmouth Historical Society and what are their salaries?
The average compensation at Yarmouth Historical Society during 2022 was $44,151. There are 3 employees and 15 volunteers at Yarmouth Historical Society.
Here are 18 key members and their salaries:
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- Compensation: $76,710
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- Other: $5,307
Official website here: www.yarmouthmehistory.org
Where can I find the form 990 for Yarmouth Historical Society?
Yarmouth Historical Society's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.yarmouthmehistory.org
Learn more at the official website: www.yarmouthmehistory.org
Mission Statement of Yarmouth Historical Society
The Yarmouth Historical Society is dedicated to fostering and propagating an understanding of the town of Yarmouth's history. Their mission encompasses three main objectives: acquiring, preserving, and showcasing artifacts of historical significance. By carrying out these tasks, the society aims to cultivate appreciation for the town's past.
In pursuit of their mission, the Yarmouth Historical Society sponsors a lecture series, publishes newsletters, and presents numerous exhibits annually. They also offer programs within the scholarly system, staff their museum, provide assistance to researchers, and conduct events of historical interest. The society's activities are primarily driven by member volunteers, although they may offer small honorariums to non-member lecturers and program presenters.
The Yarmouth Historical Society's headquarters, the Yarmouth History Center, houses both museum exhibit space and offices. The center serves as a hub for the society's activities, providing a physical space where they can preserve and display historical artifacts for public viewing and research. The society's commitment to promoting Yarmouth's history and preserving its heritage is evident in their wide range of activities and initiatives.
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Impact
July, 2024
Yarmouth Historical Society plays a significant role in developing and promoting awareness of the history of Yarmouth. By acquiring, preserving, and exhibiting artifacts of historical significance, the society enriches the community's understanding and appreciation of its past. Through various activities such as sponsoring lecture series, publishing newsletters, presenting exhibits, and conducting historical programs, the society actively engages with both residents and visitors to ensure the preservation and celebration of Yarmouth's heritage. The Yarmouth History Center, which serves as the society's hub, provides a space for museum exhibits, offices, and a place for historical events and research assistance. Overall, the impact of Yarmouth Historical Society extends beyond just preserving artifacts; it fosters a sense of pride and connection to the town's rich history.
This information is meant to be a general summary of Yarmouth Historical Society. 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: $419,922
- Gross Receipts: $1,209,209
Assets and Liabilities:
- Total Assets: $5,560,530
- Total Liabilities: $521
- Net Assets: $5,560,009
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Organization Details
Founding Year
1960
Phone
(207) 846-6259Principal Officer
Eric Leinwand
Main Address
PO BOX 107 118 EAST ELM STREET, YARMOUTH, ME, 04096
Website
www.yarmouthmehistory.orgNTEE Category
Code: A80 - Arts
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