Overview
What is Watertown Historical Society Inc?
The Watertown Historical Society Inc, established in 1945, is a nonprofit organization situated at 401 MAIN STREET, WATERTOWN, CT 06795. Their primary objective is to preserve Watertown's rich history, aiming to foster a strong connection between the community, its past, current members, and future generations. The society operates the Watertown History Museum and engages in various activities to achieve this mission, including collecting and safeguarding historical artifacts and documents. By doing so, the Watertown Historical Society Inc fosters a sense of community pride and promotes a deeper understanding of the area's heritage.
Official website here: www.watertownhistorymuseum.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star Rating)
The Watertown Historical Society Inc has earned a 79% rating, indicating a level of accountability and financial health. This rating is derived solely from its performance in accountability and finance, showcasing the organization's strong commitment to responsible management. Notably, the organization scored perfectly on several key metrics, including having a completely independent board and no material diversion of assets.
While the Society demonstrates strengths in transparency and financial management, there are some limitations in its governance practices. The absence of a conflict of interest policy, whistleblower policy, and document retention and destruction policies were highlighted as areas needing improvement, which could affect the organization's overall governance framework. Despite these gaps, the Society's program expense ratio indicates that it allocates all its expenses directly to its programs, reflecting a strong mission-driven focus.
Overall, the Watertown Historical Society Inc has established a solid foundation in financial accountability, though it would benefit from enhancing its governance policies to further improve its operational integrity. Continued attention to these governance issues could bolster its reputation and effectiveness in the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Watertown Historical Society Inc legitimate?
Watertown Historical Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Watertown 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: $0
For more financial information, click here
Official website here: www.watertownhistorymuseum.org
What is the mission statement of Watertown Historical Society Inc?
The Watertown Historical Society Inc's mission is focused on preserving the town's history and fostering a strong connection between the community, its past, and its future. By doing so, the society aims to bring people closer to one another, thereby enhancing their collective understanding and appreciation of their shared past. Established in 1945, the Watertown Historical Society Inc, along with the Watertown History Museum, collects and safeguards local historical artifacts and information, contributing to a deeper understanding of Watertown's past and its evolution over time.
Official website here: www.watertownhistorymuseum.org
What is the revenue of Watertown Historical Society Inc?
Watertown Historical Society Inc's revenue in 2024 was $115,777.
Official website here: www.watertownhistorymuseum.org
Who are the executives of Watertown Historical Society Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.watertownhistorymuseum.org
Where can I find the form 990 for Watertown Historical Society Inc?
Watertown Historical Society Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.watertownhistorymuseum.org
Learn more at the official website: www.watertownhistorymuseum.org
Mission Statement of Watertown Historical Society Inc
The Watertown Historical Society Inc, established in 1945, is dedicated to preserving the rich history of Watertown. Their primary mission is to foster a strong connection between the community and its past, promoting unity among its members and instilling a sense of shared future. By collecting and safeguarding local historical data, the Society seeks to enrich the community's understanding of its heritage and inspire a sense of pride in its ancestry. Through this endeavor, the Watertown Historical Society Inc aims to strengthen the bonds that unite its people, fostering a sense of community and shared identity.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
The Watertown Historical Society Inc's impact can be seen in its dedicated efforts to preserve Watertown history and strengthen the community's connection to the past, present, and future. Through its activities and the Watertown History Museum, the society plays a crucial role in collecting and safeguarding local history for future generations. By promoting an appreciation for the town's heritage, the Watertown Historical Society Inc fosters a sense of community pride and unity among residents. Additionally, through its cultural initiatives and educational programs, the society enriches the arts and historical landscape of the city.
This information is meant to be a general summary of Watertown 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 2024.
- Investment Income: $3,333
- Program Service Revenue: $9,484
- Gross Receipts: $115,777
Assets and Liabilities:
- Total Assets: $691,731
- Total Liabilities: $0
- Net Assets: $691,731
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$9,484
Organization Details
Founding Year
1945
Principal Officer
Ivan Cyr
NTEE Category
Code: A80 - Arts
If you are a representative of Watertown Historical Society Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.