Overview
What is Montgomery County Historical Society Inc?
Montgomery County Historical Society Inc, situated in Rockville, MD, is a dedicated nonprofit organization. Their primary objective is to preserve and disseminate the rich histories of all Montgomery County residents and communities. They accomplish this through various programs, including collecting historical artifacts, publishing relevant materials, engaging in museum activities, and offering educational initiatives. By doing so, Montgomery History ensures that the stories and heritage of the county's inhabitants are not lost to time.
Official website here: www.montgomeryhistory.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
The Montgomery County Historical Society Inc has received a solid Three-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The organization scored 88% overall, with its rating entirely based on the Accountability & Finance beacon, highlighting its financial health and governance practices.
One of the significant strengths of the society is its governance structure, featuring a fully independent board with 12 members, which enhances its credibility. The society also demonstrates sound financial practices, as indicated by a program expense ratio of 80.98%, ensuring that a substantial portion of its resources is directed towards its mission-related activities. Furthermore, the absence of material asset diversion adds to its reliability.
However, there are some limitations noted in the evaluation. The organization is missing key policies, such as a whistleblower policy and a document retention and destruction policy, which could raise concerns about transparency and risk management. Additionally, the tax form is not posted on its website, which may limit access to financial information for donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Montgomery County Historical Society Inc legitimate?
Montgomery County Historical Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montgomery 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $117,846
Professional Fundraising Fees: $0
Other Salaries and Wages: $303,326
For more financial information, click here
Official website here: www.montgomeryhistory.org
What is the mission statement of Montgomery County Historical Society Inc?
The Montgomery County Historical Society Inc's mission is centered around the collection, preservation, interpretation, and sharing of historical narratives. This encompasses the histories of all residents and communities within Montgomery County. Their activities extend to various realms, including collections, publications, and educational programs, aiming to foster a deeper understanding of the past.
Official website here: www.montgomeryhistory.org
Who is the CEO of Montgomery County Historical Society Inc?
Matthew B Logan is the Executive Dir. of Montgomery County Historical Society Inc.
Official website here: www.montgomeryhistory.org
What is the revenue of Montgomery County Historical Society Inc?
Montgomery County Historical Society Inc's revenue in 2022 was $697,579.
Official website here: www.montgomeryhistory.org
Who are the executives of Montgomery County Historical Society Inc and what are their salaries?
The average compensation at Montgomery County Historical Society Inc during 2022 was $46,797. There are 9 employees and 228 volunteers at Montgomery County Historical Society Inc.
Here are 10 key members and their salaries:
- Compensation: $121,346
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- Other: $0
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- Other: $0
Official website here: www.montgomeryhistory.org
Where can I find the form 990 for Montgomery County Historical Society Inc?
Montgomery County Historical Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.montgomeryhistory.org
Learn more at the official website: www.montgomeryhistory.org
Mission Statement of Montgomery County Historical Society Inc
Montgomery History, as the Montgomery County Historical Society Inc. is formally known, is dedicated to an essential mission. This mission involves the collection, preservation, interpretation, and dissemination of the histories of all residents and communities within Montgomery County. The organization's primary objective is to ensure that the rich tapestry of stories, experiences, and cultural heritage from various Montgomery County communities is safeguarded, understood, and shared with others. Montgomery History achieves this through its diverse programs, encompassing collections, publications, museum activities, and educational endeavors. By undertaking these tasks, the organization contributes significantly to fostering a deeper appreciation and understanding of the past, present, and potential futures of Montgomery County.
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Impact
July, 2024
Montgomery County Historical Society Inc, known as Montgomery History, has a significant impact on the community. Through collecting, preserving, interpreting, and sharing the histories of all Montgomery County residents and communities, Montgomery History plays a vital role in preserving the cultural heritage of the area. Their programs, which include collections, publications, museum activities, and educational initiatives, contribute to enhancing the understanding of the county's past and present. By engaging with the history of the region, Montgomery History helps foster a sense of pride and connection among residents, ensuring that the stories of the past are passed down to future generations.
This information is meant to be a general summary of Montgomery 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 2022.
- Investment Income: $121,759
- Program Service Revenue: $26,317
- Gross Receipts: $746,272
Assets and Liabilities:
- Total Assets: $4,020,799
- Total Liabilities: $91,226
- Net Assets: $3,929,573
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HISTORY CONFERENCE
Revenue
$15,409
LIBRARY AND EDUCATION
Revenue
$35
OTHER REVENUE
Revenue
$5,419
PROGRAM ACTIVITY
Revenue
$5,454
Organization Details
Founding Year
1951
Phone
(301) 340-2825Principal Officer
Matthew B Logan
Main Address
111 WEST MONTGOMERY AVENUE, ROCKVILLE, MD, 20850
Website
www.montgomeryhistory.orgNTEE Category
Code: A82Z - Arts
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