Overview
What is The Connecticut Historical Society?
The Connecticut Historical Society, located at ONE ELIZABETH STREET, HARTFORD, CT 06105, is a dedicated nonprofit organization that preserves and showcases Connecticut's rich history and culture. Their primary focus involves managing a diverse range of materials related to the state's material culture, encompassing items such as books, manuscripts, furniture, costumes, and various other objects, dating from the late 17th century up until the present. Their mission is to foster a deep comprehension of Connecticut's historical and cultural significance, both in the American context and globally. They achieve this by engaging with the present and innovating for the future through their extensive collections, rigorous research, educational programs, and thought-provoking exhibitions. The Connecticut Historical Society also aims to reach out to a broad audience, promoting historical and cultural perspectives as vital tools for connection, community shaping, and informed decision-making. Currently, they employ a team of 55 individuals dedicated to this cause.
Official website here: www.chs.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Stars)
The Connecticut Historical Society has earned a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization has a majority independent board, ensuring unbiased governance, and it has demonstrated strong practices in areas such as document retention, conflict of interest, and whistleblower policies. They have achieved perfect scores in audit oversight and asset management, highlighting their commitment to transparency.
However, there are some areas of concern as reflected in the financial metrics. The program expense ratio stands at 57.29%, which may suggest that a significant portion of their budget is not allocated directly to programs, and the fundraising efficiency ratio of $0.33 may indicate challenges in their fundraising strategies. While their liabilities to assets ratio is impressively low, these financial indicators could benefit from improvement to enhance overall organizational effectiveness.
Overall, while The Connecticut Historical Society demonstrates strong governance and transparency, potential supporters may want to consider the organization's financial ratios when evaluating its operational effectiveness and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is The Connecticut Historical Society legitimate?
The Connecticut Historical Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Connecticut 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: $362,469
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,789,194
For more financial information, click here
Official website here: www.chs.org
What is the mission statement of The Connecticut Historical Society?
The Connecticut Historical Society's mission is centered around fostering a comprehensive understanding of Connecticut's history and culture, both locally and globally. This is achieved by reflecting on the past, engaging with the present, and innovating for the future. The society accomplishes this through its collection of historical artifacts, research initiatives, educational programs, and exhibitions. The Connecticut Historical Society aims to collaborate with a diverse audience, utilizing historical and cultural perspectives as means to foster connections, shape communities, and aid in making informed decisions. Their vision is to promote the significance of these perspectives as indispensable tools for engagement and decision-making.
Official website here: www.chs.org
Who is the CEO of The Connecticut Historical Society?
Robert A Kret is the Ceo of The Connecticut Historical Society. The CEO's salary of The Connecticut Historical Society is $220,648 and their total compensation is $238,416.
Official website here: www.chs.org
What is the revenue of The Connecticut Historical Society?
The Connecticut Historical Society's revenue in 2022 was $4,448,224.
Official website here: www.chs.org
Who are the executives of The Connecticut Historical Society and what are their salaries?
The average compensation at The Connecticut Historical Society during 2022 was $39,121. There are 55 employees and 175 volunteers at The Connecticut Historical Society.
Here are 29 key members and their salaries (The Connecticut Historical Society's CEO's salary is $220,648 and their total compensation is $238,416):
- Compensation: $220,648
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- Other: $17,768
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- Other: $7,443
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Official website here: www.chs.org
Where can I find the form 990 for The Connecticut Historical Society?
The Connecticut Historical Society's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chs.org
Learn more at the official website: www.chs.org
Mission Statement of The Connecticut Historical Society
The Connecticut Historical Society, in its mission, strives to foster a comprehensive understanding of Connecticut's history and its influence on America and the world. This is achieved by delving into the past, engaging with the present, and innovating for the future. Through its extensive collections, rigorous research, educational programs, and exhibitions, the organization encourages reflection and encourages active participation from a diverse audience. By doing so, it aims to promote historical and cultural perspectives as indispensable resources for fostering connections, shaping communities, and making informed decisions. In essence, the Connecticut Historical Society's mission is to inspire and educate, using the lens of history to illuminate the present and inform the future.
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Impact
July, 2024
The Connecticut Historical Society plays a vital role in cultivating a deep understanding of the history and culture of Connecticut within the broader context of America and the world. Through its collections, research, educational programs, and exhibitions, the society actively engages with the past, present, and future to promote historical and cultural perspectives as essential tools for connecting with others, shaping communities, and making informed decisions. The management of diverse collection materials related to Connecticut's material culture, ranging from books and manuscripts to furniture and costumes, allows the society to offer valuable insights into the state's rich heritage from the late 17th century to the present. In doing so, The Connecticut Historical Society contributes significantly to preserving and sharing the unique story of Connecticut and its people.
This information is meant to be a general summary of The Connecticut 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: $1,496,785
- Program Service Revenue: $132,584
- Gross Receipts: $8,666,073
Assets and Liabilities:
- Total Assets: $59,235,873
- Total Liabilities: $1,164,159
- Net Assets: $58,071,714
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COLLECTION ACC./RES. CTR.
Revenue
$18,113
EDUCATION
Revenue
$95,887
EXHIBITS AND PROGRAMS
Revenue
$18,584
Organization Details
Founding Year
1825
Phone
(860) 236-5621Principal Officer
Robert A Kret
Main Address
ONE ELIZABETH STREET, HARTFORD, CT, 06105
Website
www.chs.orgNTEE Category
Code: A800 - Arts
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