Civic Intelligence

Laconia Museum Society Inc.

990 • Fiscal year 2014 • EIN 02-0472532

Jan 01, 2014 to Dec 31, 2014 • Filed on Jul 20, 2015

PO Box 1126Laconia, NH 03247

(603) 527-1278

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

62nd percentile

0.01x

Higher debt load relative to assets than 62% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

80th percentile

0.09x

Higher debt load relative to revenue than 80% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

7th percentile

-52%

Higher net margin than 7% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

34th percentile

-5.9%

Faster asset growth than 34% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

4th percentile

-79%

Faster revenue growth than 4% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Down

$383,367

Down $24,171 (-5.9%) from 2013

Net Assets

Down

$379,367

Down $24,171 (-6.0%) from 2013

Liabilities

Flat

$4,000

Flat from 2013

Revenue

Down

$46,915

Down $173,661 (-79%) from 2013

Expenses

Up

$71,086

Up $31,006 (+77%) from 2013

Net Income

Down

-$24,171

Down $204,667 (-113%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2010: $417,520Liabilities 2010: $159,661Net Assets 2010: $257,8592010Assets 2011: $398,862Liabilities 2011: $151,255Net Assets 2011: $247,6072011Assets 2012: $376,404Liabilities 2012: $153,362Net Assets 2012: $223,0422012Assets 2013: $407,538Liabilities 2013: $4,000Net Assets 2013: $403,5382013Assets 2014: $383,367Liabilities 2014: $4,000Net Assets 2014: $379,3672014Assets 2015: $354,827Liabilities 2015: $4,200Net Assets 2015: $350,6272015Assets 2016: $364,055Liabilities 2016: $4,200Net Assets 2016: $359,8552016Assets 2017: $366,411Liabilities 2017: $4,200Net Assets 2017: $362,2112017Assets 2018: $333,238Liabilities 2018: $1,033Net Assets 2018: $332,2052018Assets 2019: $325,945Liabilities 2019: $44,991Net Assets 2019: $280,9542019Assets 2020: $322,573Liabilities 2020: $48,821Net Assets 2020: $273,7522020Assets 2021: $333,672Liabilities 2021: $47,193Net Assets 2021: $286,4792021Assets 2022: $332,460Liabilities 2022: $45,915Net Assets 2022: $286,5452022Assets 2023: $319,555Liabilities 2023: $43,752Net Assets 2023: $275,8032023Assets 2024: $329,274Liabilities 2024: $41,997Net Assets 2024: $287,2772024

Highlighted filing

2014

Assets$383,367
Liabilities$4,000
Net Assets$379,367

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2010: $112,088Expenses 2010: $95,373Net Income 2010: $16,7152010Expenses 2011: $48,5842011Expenses 2012: $44,9412012Revenue 2013: $220,576Expenses 2013: $40,080Net Income 2013: $180,4962013Revenue 2014: $46,915Expenses 2014: $71,086Net Income 2014: -$24,1712014Revenue 2015: $20,626Expenses 2015: $49,366Net Income 2015: -$28,7402015Revenue 2016: $44,944Expenses 2016: $35,716Net Income 2016: $9,2282016Revenue 2017: $30,171Expenses 2017: $27,815Net Income 2017: $2,3562017Revenue 2018: $5,601Expenses 2018: $35,607Net Income 2018: -$30,0062018Revenue 2019: $47,579Expenses 2019: $92,629Net Income 2019: -$45,0502019Revenue 2020: $52,614Expenses 2020: $59,816Net Income 2020: -$7,2022020Revenue 2021: $63,016Expenses 2021: $50,289Net Income 2021: $12,7272021Revenue 2022: $59,773Expenses 2022: $59,707Net Income 2022: $662022Revenue 2023: $56,320Expenses 2023: $67,063Net Income 2023: -$10,7432023Revenue 2024: $82,324Expenses 2024: $70,850Net Income 2024: $11,4742024

Highlighted filing

2014

Revenue$46,915
Expenses$71,086
Net Income-$24,171
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jul 20, 2015
Return Version
2014v5.0
Gross Receipts
$83,032
Mission and Program Overview

Mission

The laconia historical and museum society is dedicated to the preservation and interpretation of all aspects of the history and culture of the city of laconia, new hampshire and surrounding environs from its earliest inhabitants to the present day.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$331,678$321,019▼ $10,659
Savings and Temporary Cash Investments$72,566$59,117▼ $13,449
Inventories for Sale or Use$3,194$3,131▼ $63
Cash and Non-Interest-Bearing Accounts$100$100→ $0
Total Assets$407,538$383,367▼ $24,171
Liabilities
Escrow Account Liability$4,000$4,000→ $0
Total Liabilities$4,000$4,000→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$375,257$357,747▼ $17,510
Temporarily Rstr Net Assets$28,281$21,620▼ $6,661
Total Net Assets Fund Balance$403,538$379,367▼ $24,171
Total Liabilities and Net Assets / Fund Balance$407,538$383,367▼ $24,171

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$321,019$101,433$422,452
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$39,620
Program Service Revenue
$3,123
Investment Income
$69
Other Revenue
$4,103
All Other Contributions
$33,510
Change in Net Assets
$-24,171
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$49,585
Other Expenses$21,501
Total Fundraising Expense$5,208
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$33,835$6,767$4,511$45,113
Other Employee Benefits$3,354$671$447$4,472
Information Technology$598$598-$1,196
Office Expenses$445$271$174$890
All Other Expenses$103$419-$522
Other Expenses$404$400-$400
Advertising-$229$76$305
Conferences and Meetings-$27-$27
Total Functional Expenses$56,496$9,382$5,208$71,086
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Form 990 is reviewed by the president, treasurer and executive director to ensure information is complete and accurate.

Form 990, Page 6, Part VI, Line 15A

The compensation of the society's executive director is set by the board of directors annually.

Form 990, Page 6, Part VI, Line 19

All of the society's governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Laconia Historical & Museum
EIN
02-0472532
Phone
6035271278
Address
PO BOX 1126, LACONIA, NH 03247

Signing Officer

Name
Warren Huse
Title
Treasurer
Phone
6035271278
Signed
2015-07-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Pamela Clark
Formed
1998
Legal Domicile
Nh
Voting Board Members
15
Independent Board Members
15
Employees
1
Volunteers
100

Preparer

Firm
Denoncourt Waldron & Sullivan Pa
Address
67 WATER STREET SUITE 201, LACONIA, NH 03246-3300
Preparer
Sean Sullivan
Phone
6035249065
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The laconia historical and museum society is dedicated to the preservation and interpretation of all aspects of the history and culture of the city of laconia, new hampshire and surrounding environs from its earliest inhabitants to the present day.

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

The organization maintains an escrow account for the rental deposits it holds.

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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt039620
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0223987
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt023304
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt046626
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt067891
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0401428
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt039750
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt038800
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt034050
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt034950
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt035200
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0182750
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt03192
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0470
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0496
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0998
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt01956
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0489
IRS990ScheduleA/OtherIncome170Grp/TotalAmt04409
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.68200
IRS990ScheduleA/PublicSupportPY170Pct00.68660
IRS990ScheduleA/PublicSupportTotal170Amt0401428
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt039620
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0223987
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt023304
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt046626
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt067891
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0401428
IRS990ScheduleA/TotalSupportAmt0588587
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0321019
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0101433
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0422452
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION MAINTAINS AN ESCROW ACCOUNT FOR THE RENTAL DEPOSITS IT HOLDS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART IV, LINE 2B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0321019
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE LACONIA HISTORICAL AND MUSEUM SOCIETY IS DEDICATED TO THE PRESERVATION AND INTERPRETATION OF ALL ASPECTS OF THE HISTORY AND CULTURE OF THE CITY OF LACONIA, NEW HAMPSHIRE AND SURROUNDING ENVIRONS FROM ITS EARLIEST INHABITANTS TO THE PRESENT DAY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY THE PRESIDENT, TREASURER AND EXECUTIVE DIRECTOR TO ENSURE INFORMATION IS COMPLETE AND ACCURATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE COMPENSATION OF THE SOCIETY'S EXECUTIVE DIRECTOR IS SET BY THE BOARD OF DIRECTORS ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL OF THE SOCIETY'S GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NH
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt028281
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt021620
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0407538
IRS990/TotalAssetsEOYAmt0383367
IRS990/TotalAssetsGrp/BOYAmt0407538
IRS990/TotalAssetsGrp/EOYAmt0383367
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt039620
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt05208
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt09382
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt056496
IRS990/TotalFunctionalExpensesGrp/TotalAmt071086
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04000
IRS990/TotalLiabilitiesEOYAmt04000
IRS990/TotalLiabilitiesGrp/BOYAmt04000
IRS990/TotalLiabilitiesGrp/EOYAmt04000
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0403538
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0379367
IRS990/TotalProgramServiceExpensesAmt056496
IRS990/TotalProgramServiceRevenueAmt03123
IRS990/TotalRevenueGrp/ExclusionAmt04103
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03192
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt046915
IRS990/TotalVolunteersCnt0100
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0407538
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0383367
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0375257
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0357747
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0WWW.LACONIAHISTORICAL.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WARREN HUSE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06035271278
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-07-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LACONIA HISTORICAL & MUSEUM
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0SOCIETY INC
ReturnHeader/Filer/BusinessNameControlTxt0LACO
ReturnHeader/Filer/EIN0020472532
ReturnHeader/Filer/PhoneNum06035271278
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1126
ReturnHeader/Filer/USAddress/CityNm0LACONIA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NH
ReturnHeader/Filer/USAddress/ZIPCd003247
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0020388203
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DENONCOURT WALDRON & SULLIVAN PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt067 WATER STREET SUITE 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LACONIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0032463300
ReturnHeader/PreparerPersonGrp/PhoneNum06035249065
ReturnHeader/PreparerPersonGrp/PreparationDt02015-07-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SEAN SULLIVAN
ReturnHeader/ReturnTs02015-07-20T06:15:53-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.29$0.42$2.87$0.82$0.71$0.11
2023Detailed filing. Detailed filing data is available for this year.$3.20$0.44$2.76$0.56$0.67$0.11
2022Detailed filing. Detailed filing data is available for this year.$3.32$0.46$2.87$0.60$0.60$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.34$0.47$2.86$0.63$0.50$0.13
2020Detailed filing. Detailed filing data is available for this year.$3.23$0.49$2.74$0.53$0.60$0.07
2019Detailed filing. Detailed filing data is available for this year.$3.26$0.45$2.81$0.48$0.93$0.45
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.33$0.01$3.32$0.06$0.36$0.30
2017Detailed filing. Detailed filing data is available for this year.$3.66$0.04$3.62$0.30$0.28$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.64$0.04$3.60$0.45$0.36$0.09
2015Summary only. Only limited summary data is available for this year.$3.55$0.04$3.51$0.21$0.49$0.29
2014Detailed filing. Detailed filing data is available for this year.$3.83$0.04$3.79$0.47$0.71$0.24
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$4.08$0.04$4.04$2.21$0.40$1.80
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.76$1.53$2.23$0.45
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.99$1.51$2.48$0.49
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.18$1.60$2.58$1.12$0.95$0.17
Peer Organizations

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