Overview
What is Lyme Public Hall And Local History Archives Inc?
Lyme Public Hall and Local History Archives Inc is a historical nonprofit organization based in Lyme, Connecticut. Situated at PO Box 1056, this organization plays a significant role in preserving the town's history and traditions. It serves as a community center, offering a variety of events and exhibits that educate the public about the town's heritage. The Lyme Public Hall and Local History Archives Inc also maintains an archives facility, which is accessible for research purposes by community members and educational institutions. The organization's mission is to preserve the town's history and lifestyle, ensuring that future generations can learn about its past.
Official website here: www.lymepublichall.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57% (One-Star out of Four Stars)
Lyme Public Hall And Local History Archives Inc has received a One-Star rating from Charity Navigator, reflecting a score of 57%. This rating indicates some concerns regarding the organization’s accountability and financial practices. Notably, the organization has a strong governance structure with 100% independent board members and no material diversion of assets, which are positive indicators of its operational integrity.
Despite these strengths, the organization faces significant challenges, particularly in its policies and transparency. The absence of a conflict of interest policy, whistleblower policy, and document retention policy raises concerns about its governance practices. Additionally, the nonprofit has not posted its tax form on its website, which could hinder transparency for potential donors and stakeholders.
Financially, the organization exhibits a favorable liabilities to assets ratio of 0.00%, indicating strong financial health. However, the program expense ratio of 55.14% suggests that a smaller proportion of its budget is directed towards programmatic activities compared to operational costs. Overall, while there are commendable aspects to its governance, the lack of essential policies and transparency measures limits its overall rating.
This AI summary has been generated from information found on Charity Navigator.
Is Lyme Public Hall And Local History Archives Inc legitimate?
Lyme Public Hall And Local History Archives Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lyme Public Hall And Local History Archives 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.
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Official website here: www.lymepublichall.org
What is the mission statement of Lyme Public Hall And Local History Archives Inc?
Lyme Public Hall and Local History Archives Inc is an historical organization that serves a dual purpose. It preserves the history of a town and its traditions, and also functions as a community center. The organization's primary mission is to safeguard the town's history and way of life. It achieves this by hosting a variety of events and exhibits, focusing on the town's past and surrounding community. The town archives, maintained by the organization, is accessible for research by community members and for educational purposes.
Official website here: www.lymepublichall.org
Who is the CEO of Lyme Public Hall And Local History Archives Inc?
Rolf Wolfswinkel is the President of Lyme Public Hall And Local History Archives Inc.
Official website here: www.lymepublichall.org
What is the revenue of Lyme Public Hall And Local History Archives Inc?
Lyme Public Hall And Local History Archives Inc's revenue in 2022 was $75,831.
Official website here: www.lymepublichall.org
Who are the executives of Lyme Public Hall And Local History Archives Inc and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.lymepublichall.org
Where can I find the form 990 for Lyme Public Hall And Local History Archives Inc?
Lyme Public Hall And Local History Archives Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lymepublichall.org
Learn more at the official website: www.lymepublichall.org
Mission Statement of Lyme Public Hall And Local History Archives Inc
Lyme Public Hall and Local History Archives Inc, as a historical organization, serves a dual purpose. It is dedicated to preserving the rich history and lifestyle of its town, while also functioning as a community center. By maintaining an archive of town records, this nonprofit makes historical research accessible to community members and educational institutions. Beyond its historical preservation role, Lyme Public Hall and Local History Archives Inc hosts a variety of events and exhibits that celebrate the town's past and engage the local community.
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Impact
August, 2024
Lyme Public Hall And Local History Archives Inc plays a vital role in preserving the rich history of the town of Lyme and its way of life. By maintaining a community center that offers a variety of events and exhibits focused on the town's history and the surrounding community, the organization provides an educational and engaging platform for residents and visitors to learn about the area's heritage. The town archives, maintained by the organization, serve as a valuable resource for research purposes and contribute to the preservation of historical documentation. Overall, Lyme Public Hall And Local History Archives Inc's impact can be seen in its dedication to safeguarding and sharing the cultural legacy of Lyme for present and future generations.
This information is meant to be a general summary of Lyme Public Hall And Local History Archives 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: $44,883
- Gross Receipts: $75,831
Assets and Liabilities:
- Total Assets: $549,799
- Total Liabilities: $0
- Net Assets: $549,799
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Organization Details
Founding Year
1984
Phone
(860) 434-6115Principal Officer
Rolf Wolfswinkel
Main Address
PO BOX 1056, LYME, CT, 06371
Website
www.lymepublichall.orgNTEE Category
Code: A80 - Arts
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