Overview
What is Black River Historical Society?
The Black River Historical Society, operating under the name Black River Academy Museum, is a nonprofit organization based in Ludlow, Vermont. Their primary mission is to preserve the history of the region by maintaining a museum and a nationally significant building. They accomplish this mission through the organization of various educational, cultural, and historical programs. These events serve both an educational and entertainment purpose, including concerts, farmer's markets, and historical expos. The society's activities also involve covering related expenses such as refreshments, decorations, and printing costs for these programs. With a dedicated team of one individual, the Black River Historical Society plays a significant role in preserving the area's heritage.
Official website here: www.bramvt.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (50%)
The Black River Historical Society has received a low rating of 50%, which is classified as a One-Star rating. This score reflects serious concerns predominantly in the areas of accountability and finance. While the organization has strengths, such as having a fully independent board and no material diversion of assets, the overall financial health and operational transparency raise red flags.
The society's financial ratios indicate significant limitations, particularly with a program expense ratio of only 2.93%, suggesting that a minimal portion of its resources is allocated to its programs and services. Additionally, the organization has a liabilities to assets ratio of 1.71%, which may signal potential financial instability. While the nonprofit has policies for conflict of interest and document retention, it notably lacks a whistleblower policy, which could impact transparency and trust.
Given these factors, the Black River Historical Society may benefit from focusing on enhancing its financial stewardship and operational practices to improve its rating and effectiveness in fulfilling its mission. Overall, potential donors and supporters should consider these aspects before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Black River Historical Society legitimate?
Black River Historical Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Black River 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: $39,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.bramvt.org
What is the mission statement of Black River Historical Society?
The Black River Historical Society's mission is centered around preserving the history of a particular area. They carry out this mission by operating a museum, maintaining a nationally significant historic building, and organizing educational, cultural, and historical programs. Their primary goal is to keep the region's history alive, providing a platform for learning and entertainment through events such as concerts, farmers markets, and historical expos. The society's activities involve running these programs and ensuring they are well-presented, with expenses covering refreshments, decorations, and printing costs for each event.
Official website here: www.bramvt.org
Who is the CEO of Black River Historical Society?
Georgia Brehm is the Po Box 195, Ludlow, Vt 05149 of Black River Historical Society.
Official website here: www.bramvt.org
What is the revenue of Black River Historical Society?
Black River Historical Society's revenue in 2022 was $50,763.
Official website here: www.bramvt.org
Who are the executives of Black River Historical Society and what are their salaries?
The average compensation at Black River Historical Society during 2022 was $39,000. There is 1 employee and 2 volunteers at Black River Historical Society.
Here are 9 key members and their salaries:
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- Compensation: $39,000
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Official website here: www.bramvt.org
Where can I find the form 990 for Black River Historical Society?
Black River Historical Society's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bramvt.org
Learn more at the official website: www.bramvt.org
Mission Statement of Black River Historical Society
The Black River Historical Society is dedicated to preserving and celebrating the history of a particular region. This esteemed organization fulfills its mission by operating a museum, serving as a custodian of a nationally recognized historic building, and hosting a variety of educational, cultural, and historical programs. By doing so, the Black River Historical Society strives to keep the area's rich past alive and accessible to the community.
The museum serves as the heart of Black River Historical Society's activities. It offers seasonal programs designed for both education and entertainment, such as concerts, Farmer's Markets, and a Historical Expo. These events cater to a wide range of interests, fostering a deeper appreciation for the region's history among visitors. In addition to these events, the museum also incurs expenses related to refreshments, decorations, and printing costs to ensure each program is a memorable experience.
By operating a museum and hosting a variety of programs, the Black River Historical Society contributes to the preservation and dissemination of the area's history. The organization plays a vital role in keeping the past alive and engaging the community in a meaningful way, fostering a sense of pride and appreciation for the region's heritage.
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Impact
August, 2024
The Black River Historical Society's impact is deeply rooted in preserving the history of the Black River area, operating a museum, and maintaining a nationally historic building. Through their educational, cultural, and historic programs, they actively engage the community in learning about the rich heritage of the region. The society's efforts not only provide valuable insights into the past but also contribute to the cultural enrichment of the residents of Ludlow, VT. The museum's seasonal programs, including concerts, Farmer's Market, and Historical Expo, offer a range of experiences that educate and entertain visitors, further solidifying the society's role in keeping the area's history alive.
This information is meant to be a general summary of Black River 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: $155
- Program Service Revenue: $7,028
- Gross Receipts: $50,763
Assets and Liabilities:
- Total Assets: $727,047
- Total Liabilities: $12,501
- Net Assets: $714,546
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Museum programs & activities
Revenue
$7,028
Organization Details
Founding Year
1975
Phone
(802) 228-5050Principal Officer
Georgia Brehm
Main Address
PO Box 73, Ludlow, VT, 05149
Website
www.bramvt.orgNTEE Category
Code: A54 - Arts
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