Overview
What is The Broome County Historical Society Inc?
The Broome County Historical Society Inc, located at 185 Court Street, Binghamton, NY 13901, is a dedicated nonprofit organization that actively promotes and encourages historical research in Broome County, New York, and its surrounding areas. They have a substantial collection of over 142,000 items housed at the Broome County Local History & Genealogy Center, which typically attracts over 20,000 researchers annually. However, due to the pandemic, the center had to close in March 20XX, and their services have shifted to correspondence and electronic inquiries. Despite the challenges, the society continues to serve as a significant partner in the operation of this historical center.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)
The Broome County Historical Society Inc has received a two-star rating from Charity Navigator, indicating that while the organization performs adequately in accountability and finance, significant areas require attention. With a score of 100% in accountability, the organization demonstrates a solid commitment to financial practices, including an impressive program expense ratio of 97.02%, ensuring funds are directed towards their mission.
Despite these strengths, the organization has notable weaknesses, particularly in governance policies. The absence of conflict of interest, whistleblower, and document retention policies detracts from its overall rating. While the board composition is strong with full accountability scores, the lack of necessary policies may raise concerns about transparency and ethical governance practices.
The organization also fails to make its tax form available on its website, which is a critical aspect of financial transparency for nonprofits. Overall, while the Broome County Historical Society Inc shows promise in financial management, addressing its governance deficiencies will be essential for improving its rating and community trust.
This AI summary has been generated from information found on Charity Navigator.
Is The Broome County Historical Society Inc legitimate?
The Broome County Historical Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Broome County 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.
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What is the mission statement of The Broome County Historical Society Inc?
The Broome County Historical Society Inc's mission is focused on encouraging and fostering original historical research within Broome County, New York, and its surrounding areas. This organization actively works towards promoting historical studies, serving as a significant partner in the operation of the Broome County Local History & Genealogy Center, which houses a comprehensive collection of over 142,000 items. The society's efforts have attracted over 20,000 researchers annually, although these physical visits were significantly reduced due to the pandemic. Despite the center's closure, the society continues to engage in correspondence and electronic inquiries regarding historical information.
What is the revenue of The Broome County Historical Society Inc?
The Broome County Historical Society Inc's revenue in 2024 was $68,914.
Who are the executives of The Broome County Historical Society Inc and what are their salaries?
Here are 16 key members and their salaries:
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Where can I find the form 990 for The Broome County Historical Society Inc?
The Broome County Historical Society Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of The Broome County Historical Society Inc
The Broome County Historical Society Inc is committed to encouraging and fostering original historical research within Broome County, New York, and its surrounding areas. Their mission is twofold: firstly, they strive to promote historical research, and secondly, they aim to support this endeavor. Through their efforts, they contribute significantly to the Broome County Local History & Genealogy Center, which houses a substantial collection of over 142,000 items. This center attracts over 20,000 researchers annually, providing a valuable resource for historical research and knowledge. Although the center had to close temporarily due to the pandemic, the society continues to engage with researchers through correspondence and electronic inquiries.
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Impact
August, 2024
The impact of the Broome County Historical Society Inc is significant in promoting and encouraging original historical research in Broome County, NY and its surrounding areas. Through its library services, the Society supports and partners in operating the Broome County Local History & Genealogy Center, which houses a vast collection of 142,000 items. Prior to the pandemic, the Center had an annual attendance of over 20,000 researchers. Although the physical center closed in March due to the pandemic, the Society continues to engage with researchers through correspondence and electronic inquiries. This dedication to preserving and sharing local history contributes to the cultural enrichment of the community and fosters a deeper understanding of the region's heritage.
This information is meant to be a general summary of The Broome County 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: $11,967
- Program Service Revenue: $10,601
- Gross Receipts: $68,914
Assets and Liabilities:
- Total Assets: $706,156
- Total Liabilities: $0
- Net Assets: $706,156
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PUBLICATIONS - R
Revenue
$10,281
LIBRARY SERVICE
Revenue
$320
Organization Details
Founding Year
1919
Principal Officer
Gerald Smith
NTEE Category
Code: A80 - Arts
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