Overview
What is Talbot Historical Society Inc?
The Talbot Historical Society Inc, situated in Easton, Maryland, is a dedicated nonprofit organization with a mission to preserve, communicate, and celebrate the rich heritage of Talbot County. They achieve this by educating both residents and visitors through various means, such as exhibitions, tours, and special events. The society, with a modest workforce of three individuals, works tirelessly to uphold the county's history and heritage, ensuring that future generations can appreciate and learn from its past.
Official website here: www.hstc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
The Talbot Historical Society Inc has received a Three-Star rating from Charity Navigator, indicating a score of 76%. This rating is derived entirely from their Accountability & Finance metrics, reflecting a solid level of financial health and governance practices within the organization. The highlight of their evaluation includes a perfectly independent board, with all 16 members being independent, which contributes to strong decision-making processes.
Strengths of the organization include a lack of material diversion of assets and a conflict of interest policy in place, both of which are crucial for maintaining trust and transparency. Additionally, the society's liabilities to assets ratio is impressively low at 0.59%, indicating a strong financial position relative to their assets. They also provide documented board meeting minutes, demonstrating accountability to their stakeholders.
However, there are noted limitations, particularly concerning the absence of a whistleblower policy and a document retention and destruction policy, which could raise concerns about internal controls. Furthermore, their program expense ratio is 64.59%, which, while respectable, suggests there may be room for improvement in programmatic spending versus administrative costs. Overall, while the Talbot Historical Society Inc shows commendable financial practices, addressing the identified gaps could enhance its governance framework further.
This AI summary has been generated from information found on Charity Navigator.
Is Talbot Historical Society Inc legitimate?
Talbot Historical Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Talbot 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: $41,899
Professional Fundraising Fees: $0
Other Salaries and Wages: $28,424
For more financial information, click here
Official website here: www.hstc.org
What is the mission statement of Talbot Historical Society Inc?
The Talbot Historical Society Inc's mission is centered around preserving, communicating, and celebrating the rich heritage of Talbot County, Maryland. They achieve this by educating both local residents and visitors. This is carried out through various means, such as organizing exhibitions, conducting tours, and hosting special events. These activities aim to increase understanding and appreciation of the county's history, thereby fostering a sense of community and shared identity.
Official website here: www.hstc.org
Who is the CEO of Talbot Historical Society Inc?
Richard Trippe is the President of Talbot Historical Society Inc.
Official website here: www.hstc.org
What is the revenue of Talbot Historical Society Inc?
Talbot Historical Society Inc's revenue in 2022 was $490,021.
Official website here: www.hstc.org
Who are the executives of Talbot Historical Society Inc and what are their salaries?
The average compensation at Talbot Historical Society Inc during 2022 was $23,441. There are 3 employees and 52 volunteers at Talbot Historical Society Inc.
Here are 17 key members and their salaries:
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Official website here: www.hstc.org
Where can I find the form 990 for Talbot Historical Society Inc?
Talbot Historical Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hstc.org
Learn more at the official website: www.hstc.org
Mission Statement of Talbot Historical Society Inc
The Talbot Historical Society Inc, situated in Maryland, is dedicated to preserving, communicating, and celebrating the rich heritage of Talbot County. Their mission is to educate both residents and visitors about this heritage, ensuring that the county's past is not forgotten. They accomplish this by organizing exhibitions, tours, and special events that showcase Talbot County's history, fostering a sense of pride and connection among its people. Through these initiatives, the Talbot Historical Society Inc plays a vital role in maintaining the cultural identity of the community, enriching the lives of its members, and fostering a deep appreciation for the county's rich past.
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Impact
July, 2024
The Talbot Historical Society Inc plays a vital role in preserving the rich heritage of Talbot County, Maryland. Through exhibitions, tours, and special events, the society educates residents and visitors about the history of the county, fostering a deeper understanding of its culture and traditions. By safeguarding historical artifacts and providing educational programs, the society helps bridge the past with the present, ensuring that the legacy of Talbot County is cherished and celebrated for generations to come.
This information is meant to be a general summary of Talbot 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: $110,462
- Gross Receipts: $647,160
Assets and Liabilities:
- Total Assets: $2,762,997
- Total Liabilities: $15,971
- Net Assets: $2,747,026
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Organization Details
Founding Year
1954
Phone
(410) 822-0773Principal Officer
Richard Trippe
Main Address
30 S WASHINGTON ST, EASTON, MD, 21601
Website
www.hstc.orgNTEE Category
Code: A80 - Arts
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