Overview
What is Watertown Historical Society?
The Watertown Historical Society is a nonprofit organization situated at 919 Charles Street, Watertown, Wisconsin. Its primary mission revolves around preserving and showcasing local history through the operation of a museum. This museum is a distinctive three-story octagon house, which was constructed in 1854. The society's dedicated workforce of six individuals is committed to maintaining this historical landmark, providing visitors with insights into Watertown's past.
Official website here: www.watertownhistory.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 36%, Zero-Star out of Four Star rating.
The Watertown Historical Society has received a score of 36%, which indicates significant concerns in its financial accountability and transparency. While the organization demonstrates strong governance with a fully independent board and no material diversion of assets, it lacks essential policies around conflict of interest and whistleblower protections, which are critical for operational integrity.
Moreover, the charity's program expense ratio is alarmingly low at 0.00%, suggesting that it may not be effectively allocating funds towards its primary mission. This raises questions about how resources are utilized and the overall impact of its programs. Despite a few positive governance metrics, the absence of key policies and transparent financial practices limits the organization’s credibility and effectiveness in fulfilling its mission.
In summary, while the Watertown Historical Society has strengths in board independence and governance, the significant weaknesses in financial management and policy implementation have resulted in a poor overall rating. Stakeholders might consider these aspects carefully when engaging with or supporting the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Watertown Historical Society legitimate?
Watertown Historical Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Watertown 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: $2,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $22,545
For more financial information, click here
Official website here: www.watertownhistory.com
What is the mission statement of Watertown Historical Society?
The Watertown Historical Society's mission revolves around operating a museum. Specifically, they manage a distinctive three-story octagon house constructed in 1854, which serves as the focal point of their operations. The society's role primarily focuses on preserving and showcasing historical artifacts and information, providing visitors with an insight into the past. The museum likely offers educational programs, exhibits, and resources to encourage an appreciation for historical heritage and promote knowledge sharing. The exact details of their mission beyond operating the museum may vary, but their primary focus is on historical preservation and education.
Official website here: www.watertownhistory.com
Who is the CEO of Watertown Historical Society?
Thomas O'Connor is the President of Watertown Historical Society.
Official website here: www.watertownhistory.com
What is the revenue of Watertown Historical Society?
Watertown Historical Society's revenue in 2022 was $77,604.
Official website here: www.watertownhistory.com
Who are the executives of Watertown Historical Society and what are their salaries?
The average compensation at Watertown Historical Society during 2022 was $4,224. There are 6 employees and 30 volunteers at Watertown Historical Society.
Here are 12 key members and their salaries:
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Official website here: www.watertownhistory.com
Where can I find the form 990 for Watertown Historical Society?
Watertown Historical Society's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.watertownhistory.com
Learn more at the official website: www.watertownhistory.com
Mission Statement of Watertown Historical Society
The Watertown Historical Society is dedicated to preserving and showcasing historical artifacts and information. They accomplish this mission by operating a museum housed in a three-story octagon building, which was constructed in 1854. This institution serves as a testament to the past, providing visitors with a glimpse into the rich history that has shaped the community. By maintaining this museum, the Watertown Historical Society ensures that future generations can appreciate and learn from the historical significance of this architectural marvel.
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Impact
August, 2024
The Watertown Historical Society's impact is evident through its preservation of local history and culture. By operating a museum housed within a three-story octagon house built in 1854, the society provides a tangible link to the past for residents and visitors alike. Through exhibits, educational programs, and events, the society plays a vital role in promoting an appreciation for Watertown's heritage and contributing to the community's sense of identity and pride.
This information is meant to be a general summary of Watertown 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: $3,547
- Gross Receipts: $82,690
Assets and Liabilities:
- Total Assets: $890,559
- Total Liabilities: $0
- Net Assets: $890,559
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Organization Details
Phone
(920) 261-2796Principal Officer
Thomas O'Connor
Main Address
919 Charles Street, Watertown, WI, 53094
Website
www.watertownhistory.comNTEE Category
Code: W99 - Public benefit
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