Civic Intelligence

Laconia Museum Society Inc.

990 • Fiscal year 2018 • EIN 02-0472532

Jan 01, 2018 to Dec 31, 2018 • Filed on Apr 09, 2019

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

59th percentile

0.00x

Higher debt load relative to assets than 59% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

87th percentile

0.18x

Higher debt load relative to revenue than 87% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

2nd percentile

-536%

Higher net margin than 2% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

30th percentile

-9.1%

Faster asset growth than 30% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

4th percentile

-81%

Faster revenue growth than 4% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$333,238

Down $33,173 (-9.1%) from 2017

Net Assets

Down

$332,205

Down $30,006 (-8.3%) from 2017

Liabilities

Down

$1,033

Down $3,167 (-75%) from 2017

Revenue

Down

$5,601

Down $24,570 (-81%) from 2017

Expenses

Up

$35,607

Up $7,792 (+28%) from 2017

Net Income

Down

-$30,006

Down $32,362 (-1374%) from 2017

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

2018

Assets$333,238
Liabilities$1,033
Net Assets$332,205

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

2018

Revenue$5,601
Expenses$35,607
Net Income-$30,006
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Apr 9, 2019
Return Version
2018v3.1
Gross Receipts
$49,654
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$289,043$278,384▼ $10,659
Savings and Temporary Cash Investments$74,583$52,069▼ $22,514
Inventories for Sale or Use$2,785$2,785→ $0
Total Assets$366,411$333,238▼ $33,173
Liabilities
Escrow Account Liability$4,200$533▼ $3,667
Other Liabilities-$500-
Total Liabilities$4,200$1,033▼ $3,167
Net Assets / Fund Balance
Unrestricted Net Assets$359,189$329,181▼ $30,008
Temporarily Rstr Net Assets$3,022$3,024▲ $2
Total Net Assets Fund Balance$362,211$332,205▼ $30,006
Total Liabilities and Net Assets / Fund Balance$366,411$333,238▼ $33,173

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$278,384$144,068$422,452
Compensation and Service Providers

Board Members and Trustees

NameTitle
Pamela ClarkPresident
Brenda KeanBoard Member
Deborah Frawley DrakeBoard Member
Dr Olga MinukhinBoard Member
Ernest BolducBoard Member
Ethan WoodBoard Member
Gerald BourgeoisBoard Member
NORMAN O'NEILBoard Member
Robin MoyerBoard Member
Sherry WeeksBoard Member
Theresa DoucetBoard Member
Benjamin PerkinsSecretary
Warren HuseTreasurer
John PerleyVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$30,286
Program Service Revenue
$4,887
Investment Income
$32
Other Revenue
$-29,604
All Other Contributions
$26,689
Change in Net Assets
$-30,006
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$24,050
Other Expenses$11,557
Total Fundraising Expense$2,702
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$16,620$3,240$2,160$22,020
Information Technology$1,150$1,151-$2,301
Payroll Taxes$1,523$304$203$2,030
Insurance-$1,610-$1,610
Fees for Services Accounting-$1,585-$1,585
Advertising-$730$244$974
Office Expenses$189$95$95$379
Other Expenses$624$175-$175
All Other Expenses-$168-$168
Total Functional Expenses$23,461$9,444$2,702$35,607
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Payroll Taxes$500
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
6035246593
Signed
2019-04-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Warren Huse
Formed
1998
Legal Domicile
Nh
Voting Board Members
14
Independent Board Members
14
Employees
2
Volunteers
20

Preparer

Firm
Denoncourt Waldron & Sullivan Pa
Address
67 WATER STREET SUITE 201, LACONIA, NH 03246-3300
Preparer
Sean C 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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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03750
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1498
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2385
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3254
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03750
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1498
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2385
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3254
IRS990/ProgSrvcAccomActy2Grp/Desc0PRODUCTION OF MONTHLY PROGRAM ON VARIOUS LOCAL HISTORICAL ISSUES PRESENTED TO THE PUBLIC AND AIRED ON LOCAL PUBLIC ACCESS TELEVISION.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt08863
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0883
IRS990/ProgSrvcAccomActy3Grp/Desc0PRESERVE, CATALOG AND DISPLAY COLLECTION OF HISTORICAL ITEMS RELATIVE TO LACONIA, NH.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt012217
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt027881
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt035
IRS990/PYOtherExpensesAmt08452
IRS990/PYOtherRevenueAmt0-2792
IRS990/PYProgramServiceRevenueAmt05047
IRS990/PYRevenuesLessExpensesAmt02356
IRS990/PYSalariesCompEmpBnftPaidAmt019363
IRS990/PYTotalExpensesAmt027815
IRS990/PYTotalRevenueAmt030171
IRS990/ReconcilationRevenueExpnssAmt0-30006
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0-34128
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt04004
IRS990/SavingsAndTempCashInvstGrp/BOYAmt074583
IRS990/SavingsAndTempCashInvstGrp/EOYAmt052069
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt01,309
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt030286
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt027881
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt035611
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt030478
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt039620
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0163876
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt09925
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt042425
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt041600
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt028011
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt039750
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0161711
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt022524
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt04524
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0330
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt087
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0422
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0470
IRS990ScheduleA/OtherIncome170Grp/TotalAmt05833
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.49450
IRS990ScheduleA/PublicSupportPY170Pct00.65020
IRS990ScheduleA/PublicSupportTotal170Amt0163876
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt030286
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt027881
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt035611
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt030478
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt039620
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0163876
IRS990ScheduleA/TotalSupportAmt0331420
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0278384
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0144068
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0422452
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED PAYROLL TAXES
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/TotalBookValueLandBuildingsAmt0278384
IRS990ScheduleD/TotalLiabilityAmt0500
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/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt03022
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt03024
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0366411
IRS990/TotalAssetsEOYAmt0333238
IRS990/TotalAssetsGrp/BOYAmt0366411
IRS990/TotalAssetsGrp/EOYAmt0333238
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt030286
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt02702
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt09444
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt023461
IRS990/TotalFunctionalExpensesGrp/TotalAmt035607
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04200
IRS990/TotalLiabilitiesEOYAmt01033
IRS990/TotalLiabilitiesGrp/BOYAmt04200
IRS990/TotalLiabilitiesGrp/EOYAmt01033
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0362211
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0332205
IRS990/TotalProgramServiceExpensesAmt023461
IRS990/TotalProgramServiceRevenueAmt04887
IRS990/TotalRevenueGrp/ExclusionAmt0-29604
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04919
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05601
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0366411
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0333238
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0359189
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0329181
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0252 PLEASANT ST

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
2018Detailed filing. Detailed filing data is available for this year.$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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