Overview
What is Historical Society Of Old Newbury?
The Historical Society of Old Newbury, situated at 98 High Street, Newburyport, Massachusetts 01950, is a nonprofit organization dedicated to preserving and showcasing the rich history of Old Newbury, encompassing Newbury, Newburyport, and West Newbury. They achieve this mission through various means, including the operation of the Cushing House Museum. This museum houses a collection of historic buildings, artwork, artifacts, documents, furniture, and photographs that offer insights into the area's past. To engage the community and spread historical knowledge, the society hosts lectures, exhibits, educational programs, and school tours. They also maintain a research library, publish relevant materials, and collaborate with organizations interested in local history. By doing so, the Historical Society of Old Newbury seeks to preserve and interpret the history of Old Newbury, providing a valuable resource for both locals and visitors. With a team of 9 dedicated individuals, this nonprofit plays a crucial role in preserving and celebrating the area's heritage.
Official website here: www.newburyhistory.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
The Historical Society Of Old Newbury has received an 83% rating from Charity Navigator, reflecting a strong emphasis on accountability and finance. This rating is based entirely on their performance in these areas, indicating that the organization is managing its financial practices responsibly. Notably, the society boasts a fully independent board and maintains comprehensive financial oversight, which are critical factors contributing to its positive score.
Strengths highlighted in the evaluation include the organization’s rigorous adherence to governance practices, such as having a conflict of interest policy and a whistleblower policy in place. The society also demonstrates a solid financial structure with a low liabilities-to-assets ratio of 0.44%, which points to sound financial health. Furthermore, their program expense ratio of 59.46%, while slightly lower in the scoring criteria, indicates that a significant portion of their expenditure is directed toward mission-related activities.
However, the program expense ratio received a somewhat lower score of 12 out of 25 points, suggesting that there may be room for improvement in terms of allocating more resources directly to programs. This could enhance their overall impact and effectiveness in furthering their charitable mission. Overall, the Historical Society Of Old Newbury presents a sound financial profile accompanied by strong governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Historical Society Of Old Newbury legitimate?
Historical Society Of Old Newbury is a legitimate nonprofit organization registered as a 501(c)(3) entity. Historical Society Of Old Newbury 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: $87,550
Professional Fundraising Fees: $0
Other Salaries and Wages: $76,110
For more financial information, click here
Official website here: www.newburyhistory.org
What is the mission statement of Historical Society Of Old Newbury?
The Historical Society of Old Newbury's mission is centered around preserving and interpreting the history of the region, encompassing Newbury, Newburyport, and West Newbury from its inception until the present day. To accomplish this, they engage in various activities such as preserving historical artifacts, artwork, documents, furniture, photographs, and more. They operate the Cushing House Museum for this purpose, utilizing lectures, exhibits, educational programs, school tours, publications, a research library, and collaborations with like-minded organizations. Their goal is to share and promote the area's rich historical heritage.
Official website here: www.newburyhistory.org
Who is the CEO of Historical Society Of Old Newbury?
Les Ferlazzo is the Director of Historical Society Of Old Newbury.
Official website here: www.newburyhistory.org
What is the revenue of Historical Society Of Old Newbury?
Historical Society Of Old Newbury's revenue in 2023 was $644,231.
Official website here: www.newburyhistory.org
Who are the executives of Historical Society Of Old Newbury and what are their salaries?
The average compensation at Historical Society Of Old Newbury during 2023 was $18,184. There are 9 employees and 137 volunteers at Historical Society Of Old Newbury.
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- Compensation: $85,000
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- Other: $2,550
Official website here: www.newburyhistory.org
Where can I find the form 990 for Historical Society Of Old Newbury?
Historical Society Of Old Newbury's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.newburyhistory.org
Learn more at the official website: www.newburyhistory.org
Mission Statement of Historical Society Of Old Newbury
The Historical Society of Old Newbury, a distinguished organization, is dedicated to preserving and interpreting the rich history of Old Newbury, an area encompassing Newbury, Newburyport, and West Newbury. This mission is carried out through various means, including the conservation and exhibition of historical artifacts, such as buildings, artwork, documents, furniture, and photographs, relevant to the area. The society achieves this by operating the Cushing House Museum, where lectures, exhibits, educational programs, school tours, publications, a research library, and collaborations with like-minded historical organizations take place. By engaging in these activities, the Historical Society of Old Newbury plays a significant role in fostering a deeper understanding of the area's history, thereby contributing to the preservation and interpretation of Old Newbury's past from its settlement until the present.
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Impact
July, 2024
The Historical Society Of Old Newbury plays a crucial role in preserving and interpreting the rich history of Old Newbury, encompassing Newbury, Newburyport, and West Newbury from their settlements to the present day. Through the operation of the Cushing House Museum, this organization conserves and exhibits historic buildings, artwork, artifacts, documents, furniture, and photographs relevant to the area. Their impact is felt through engaging lectures, exhibits, educational programs, school tours, publications, a research library, and collaborative efforts with other entities interested in local history. This dedication to historical preservation ensures that the legacy and heritage of Old Newbury are accessible and appreciated by current and future generations.
This information is meant to be a general summary of Historical Society Of Old Newbury. 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 2023.
- Investment Income: $49,137
- Program Service Revenue: $22,979
- Gross Receipts: $674,296
Assets and Liabilities:
- Total Assets: $2,969,438
- Total Liabilities: $13,072
- Net Assets: $2,956,366
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program fees
Museum activity
Revenue
$22,979
Organization Details
Founding Year
1877
Phone
(978) 462-2681Principal Officer
Les Ferlazzo
Main Address
98 High Street, Newburyport, MA, 019503053
Website
www.newburyhistory.orgNTEE Category
Code: A800 - Arts
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