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Peabody Historical Society & Museum

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237401209 ✦ Peabody, MA ✦ Designated as a 501(c)(3)

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Overview

What is Peabody Historical Society & Museum?

The Peabody Historical Society & Museum, situated in Peabody, Massachusetts, serves as a vital preservationist for the region's historical sites and data. With a dedicated team of seven individuals, this nonprofit organization meticulously safeguards and maintains historical artifacts, providing a rich and informative tapestry of Peabody's past for locals and visitors alike. Their mission is intrinsically linked to the preservation and upkeep of historical sites, ensuring that the region's cultural legacy thrives for generations to come.


Official website here: www.peabodyhistorical.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 88% (Three-Star out of Four Star rating)

The Peabody Historical Society & Museum has achieved a respectable Three-Star rating from Charity Navigator, reflecting an overall score of 88%. This rating indicates strong performance, primarily in the Accountability & Finance category, which is crucial for donor trust. The organization demonstrates a commitment to transparency and governance, as evidenced by its 100% independent board and thorough financial oversight.

Strengths in the organization's operations include a high program expense ratio of 90.17%, suggesting that a significant portion of its funding is allocated directly to its programs rather than administrative overhead. Additionally, the museum has implemented key governance policies, such as a conflict of interest policy and a commitment to publishing board meeting minutes, which enhances its accountability to stakeholders.

However, the organization does have some areas for improvement. It is noted that the whistleblower policy and document retention and destruction policies are currently missing, which could pose risks in terms of compliance and governance. Strengthening these policies may further enhance the organization’s accountability and overall rating in the future.


This AI summary has been generated from information found on Charity Navigator.

Is Peabody Historical Society & Museum legitimate?

Peabody Historical Society & Museum is a legitimate nonprofit organization registered as a 501(c)(3) entity. Peabody Historical Society & Museum 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: $184,966

For more financial information, click here


Official website here: www.peabodyhistorical.org

What is the mission statement of Peabody Historical Society & Museum?

The Peabody Historical Society & Museum is committed to preserving historical sites and maintaining historical data within its jurisdiction. This mission is pivotal in ensuring the preservation of the past for future generations. Through their efforts, they aim to safeguard historical artifacts, buildings, and stories, providing a valuable resource for historical study and appreciation. Their primary focus is on the area of Peabody, Massachusetts, where they meticulously collect, document, and exhibit historical information. The society's mission is essential in fostering a deeper understanding of the past and promoting historical consciousness.


Official website here: www.peabodyhistorical.org

Who is the CEO of Peabody Historical Society & Museum?

Michael Bonfanti is the President of Peabody Historical Society & Museum.


Official website here: www.peabodyhistorical.org

What is the revenue of Peabody Historical Society & Museum?

Peabody Historical Society & Museum's revenue in 2023 was $681,612.


Official website here: www.peabodyhistorical.org

Who are the executives of Peabody Historical Society & Museum and what are their salaries?

The average compensation at Peabody Historical Society & Museum during 2023 was $26,424. There are 7 employees at Peabody Historical Society & Museum.


Here are 12 key members and their salaries:


Michael Bonfanti (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard St Pierre (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Abbott (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Zellen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Birkner (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Doucette (Librarian)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ginny Argeros (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheila D'Ambrosio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Perry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Quinn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Roderick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Greene (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.peabodyhistorical.org

Where can I find the form 990 for Peabody Historical Society & Museum?

Peabody Historical Society & Museum's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.peabodyhistorical.org

Learn more at the official website: www.peabodyhistorical.org

Mission Statement of Peabody Historical Society & Museum

The Peabody Historical Society & Museum is dedicated to the preservation and upkeep of historical sites and data within the community. This nonprofit organization's mission is centered around safeguarding the rich historical heritage of Peabody, ensuring that future generations can continue to learn and appreciate the past. Through their efforts, they meticulously maintain historical data, ensuring its accuracy and accessibility for all. By undertaking this crucial role, the Peabody Historical Society & Museum plays a significant part in nurturing a sense of cultural identity and continuity within the community.

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Impact




July, 2024

The Peabody Historical Society & Museum plays a crucial role in preserving the historical heritage and maintaining significant historical data in Peabody, MA. Through its extensive efforts in documenting and safeguarding historical sites, the society contributes to the preservation of the city's rich cultural legacy for future generations. Additionally, its focus on maintaining historical records and artifacts ensures that the community has access to valuable insights into Peabody's past, fostering a sense of connection and appreciation for the city's history.




This information is meant to be a general summary of Peabody Historical Society & Museum. 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.

Revenue
$681,612 (2023)
Expenses
$537,953 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $14,677
  • Gross Receipts: $3,844,115

Assets and Liabilities:

  • Total Assets: $3,876,379
  • Total Liabilities: $309,943
  • Net Assets: $3,566,436

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Organization Details

Founding Year

1896

Principal Officer

Michael Bonfanti

Main Address

35 WASHINGTON STREET, PEABODY, MA, 01960

NTEE Category

Code: A82Z - Arts

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