Overview
What is Wayland Historical Society?
The Wayland Historical Society is a nonprofit organization devoted to safeguarding the heritage of the Wayland community. Their primary objective involves the collection and safeguarding of historical artifacts that hold significance to the area. Through their programs, they meticulously preserve these historical treasures, ensuring they are passed down for future generations to appreciate and learn from. By doing so, the Society plays a vital role in maintaining the community's rich history and identity.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star Rating
The Wayland Historical Society has earned a Three-Star rating from Charity Navigator due to its solid performance in the accountability and finance beacon. This rating reflects a commitment to transparency and responsible financial management, with a focus on maintaining an independent board and effectively managing resources.
The organization demonstrates strong governance, with 100% of its board members being independent and a well-documented conflict of interest policy in place. Additionally, the Society has a favorable liabilities to assets ratio of only 0.82%, indicating good financial stability, and a high program expense ratio of 81.55%, showing that a significant portion of its funds is directed toward its programs.
However, the rating is solely based on the accountability and finance metrics, and there may be other areas of performance that are not accounted for in this score. While the organization appears to be financially sound and well-governed, potential donors may want to consider further aspects of its impact and outreach.
This AI summary has been generated from information found on Charity Navigator.
Is Wayland Historical Society legitimate?
Wayland Historical Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wayland 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.
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What is the mission statement of Wayland Historical Society?
The Wayland Historical Society is dedicated to the mission of collecting and preserving historical artifacts that pertain to the community of Wayland. Their primary objective is to safeguard these historical items through various programs, ensuring their continued significance for future generations. The society's activities are geared towards preserving the community's history, ensuring its continuity and enriching public understanding of its past. By preserving these historical items, the Wayland Historical Society contributes to a deeper appreciation of the community's heritage, fostering a sense of pride and identity within its citizens.
Who is the CEO of Wayland Historical Society?
Jerry Fultz is the Director of Wayland Historical Society.
What is the revenue of Wayland Historical Society?
Wayland Historical Society's revenue in 2022 was $477,516.
Who are the executives of Wayland Historical Society and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Wayland Historical Society?
Wayland Historical Society's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Wayland Historical Society
The Wayland Historical Society, as a nonprofit organization, is dedicated to the mission of collecting and preserving historical items that are significant to the community of Wayland. This mission is carried out through various programs that serve to safeguard these precious pieces of history. By doing so, the Society contributes to the preservation of Wayland's rich cultural heritage for future generations to appreciate and learn from.
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Impact
July, 2024
The Wayland Historical Society's impact can be seen in its dedication to collecting and preserving historical items related to the community of Wayland. Through their programs, they ensure that these items of history are safeguarded for future generations to learn from and appreciate. By maintaining a repository of historical artifacts, the Wayland Historical Society contributes to the preservation and celebration of the community's heritage and culture.
This information is meant to be a general summary of Wayland 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.
- Gross Receipts: $490,181
Assets and Liabilities:
- Total Assets: $447,258
- Total Liabilities: $3,704
- Net Assets: $443,554
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Organization Details
Founding Year
1991
Principal Officer
Jerry Fultz
Main Address
PO BOX 349, Wayland, KY, 41666
NTEE Category
Code: A54 - Arts
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