Civic Intelligence

Hingham Historical Society Inc

EIN 04-6052033 • 501(c)3 • Hingham, MA

Profile

To promote a wide range of historical preservation activities in the town of hingham.

34 Main StreetHingham, MA 02043

www.hinghamhistorical.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

45th percentile

0.09x

Higher debt load relative to assets than 45% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

75th percentile

0.51x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

78th percentile

25%

Higher net margin than 78% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$106,000

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 8.1% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

54th percentile

5.3%

Faster asset growth than 54% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

80th percentile

38%

Faster revenue growth than 80% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets45th percentile

Assets

Up

$7,364,071

Up $372,409 (+5.3%) from 2023

Liabilities

Down

$671,524

Down $28,542 (-4.1%) from 2023

Net Assets

Up

$6,692,547

Up $400,951 (+6.4%) from 2023

Operations
Liabilities / Revenue75th percentileNet Margin78th percentile

Revenue

Up

$1,313,326

Up $361,034 (+38%) from 2023

Expenses

Up

$981,711

Up $16,072 (+1.7%) from 2023

Net Income

Up

$331,615

Up $344,962 (+2585%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth54th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $1,094,897Liabilities 2011: $17,751Net Assets 2011: $1,077,1462011Assets 2012: $1,152,291Liabilities 2012: $10,095Net Assets 2012: $1,142,1962012Assets 2013: $4,192,739Liabilities 2013: $24,817Net Assets 2013: $4,167,9222013Assets 2014: $4,470,551Liabilities 2014: $33,060Net Assets 2014: $4,437,4912014Assets 2015: $4,795,117Liabilities 2015: $21,090Net Assets 2015: $4,774,0272015Assets 2016: $6,850,914Liabilities 2016: $621,499Net Assets 2016: $6,229,4152016Assets 2017: $7,309,218Liabilities 2017: $907,611Net Assets 2017: $6,401,6072017Assets 2018: $7,170,832Liabilities 2018: $881,196Net Assets 2018: $6,289,6362018Assets 2019: $7,369,786Liabilities 2019: $853,466Net Assets 2019: $6,516,3202019Assets 2020: $7,013,734Liabilities 2020: $803,288Net Assets 2020: $6,210,4462020Assets 2021: $7,273,231Liabilities 2021: $794,904Net Assets 2021: $6,478,3272021Assets 2022: $6,932,141Liabilities 2022: $727,048Net Assets 2022: $6,205,0932022Assets 2023: $6,991,662Liabilities 2023: $700,066Net Assets 2023: $6,291,5962023Assets 2024: $7,364,071Liabilities 2024: $671,524Net Assets 2024: $6,692,5472024

Highlighted filing

2024

Assets$7,364,071
Liabilities$671,524
Net Assets$6,692,547
Open 2024 Filing

Operations Trend

Revenue Growth80th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $73,822Expenses 2011: $97,766Net Income 2011: -$23,9442011Expenses 2012: $233,0662012Revenue 2013: $3,292,583Expenses 2013: $266,857Net Income 2013: $3,025,7262013Revenue 2014: $549,881Expenses 2014: $280,312Net Income 2014: $269,5692014Revenue 2015: $626,100Expenses 2015: $289,564Net Income 2015: $336,5362015Revenue 2016: $1,846,737Expenses 2016: $414,499Net Income 2016: $1,432,2382016Revenue 2017: $800,617Expenses 2017: $531,005Net Income 2017: $269,6122017Revenue 2018: $443,445Expenses 2018: $555,416Net Income 2018: -$111,9712018Revenue 2019: $690,747Expenses 2019: $593,286Net Income 2019: $97,4612019Revenue 2020: $2,784,595Expenses 2020: $633,209Net Income 2020: $2,151,3862020Revenue 2021: $909,507Expenses 2021: $751,500Net Income 2021: $158,0072021Revenue 2022: $895,879Expenses 2022: $890,600Net Income 2022: $5,2792022Revenue 2023: $952,292Expenses 2023: $965,639Net Income 2023: -$13,3472023Revenue 2024: $1,313,326Expenses 2024: $981,711Net Income 2024: $331,6152024

Highlighted filing

2024

Revenue$1,313,326
Expenses$981,711
Net Income$331,615
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$7,364,071
Liabilities
$671,524
Net assets
$6,692,547
Revenue
$1,313,326
Expenses
$981,711
Net income
$331,615
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.36$0.67$6.69$1.31$0.98$0.33
2023Detailed filing. Detailed filing data is available for this year.$6.99$0.70$6.29$0.95$0.97$0.01
2022Detailed filing. Detailed filing data is available for this year.$6.93$0.73$6.21$0.90$0.89$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.27$0.79$6.48$0.91$0.75$0.16
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.01$0.80$6.21$2.78$0.63$2.15
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.37$0.85$6.52$0.69$0.59$0.10
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.17$0.88$6.29$0.44$0.56$0.11
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.31$0.91$6.40$0.80$0.53$0.27
2016Summary only. Only limited summary data is available for this year.$6.85$0.62$6.23$1.85$0.41$1.43
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.80$0.02$4.77$0.63$0.29$0.34
2014Detailed filing. Detailed filing data is available for this year.$4.47$0.03$4.44$0.55$0.28$0.27
2013Detailed filing. Detailed filing data is available for this year.$4.19$0.02$4.17$3.29$0.27$3.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.15$0.01$1.14$0.23
2011Summary only. Only limited summary data is available for this year.$1.09$0.02$1.08$0.07$0.10$0.02
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2023 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 8, 2024
Return Version
2023v5.1
Gross Receipts
$1,022,973
Mission and Program Overview

Mission

The hingham historical society, founded in 1914, is a member-supported non-profit dedicated to collecting, preserving, exhibiting, and interpreting the history of the town of hingham, massachusetts.

To promote a wide range of historical preservation activities in the town of hingham.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,332,611$4,485,386▲ $152,775
Investments in Publicly Traded Securities$1,086,471$2,016,607▲ $930,136
Savings and Temporary Cash Investments$1,246,109$202,406▼ $1,043,703
Cash and Non-Interest-Bearing Accounts$215,770$148,263▼ $67,507
Pledges and Grants Receivable$51,180$139,000▲ $87,820
Total Assets$6,932,141$6,991,662▲ $59,521
Liabilities
Mortgage Notes Payable Secured by Investment Property$699,941$656,068▼ $43,873
Accounts Payable and Accrued Expenses$27,107$36,748▲ $9,641
Deferred Revenue-$7,250-
Total Liabilities$727,048$700,066▼ $26,982
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,797,630$5,001,451▲ $203,821
Net Assets With Donor Restrictions$1,407,463$1,290,145▼ $117,318
Total Net Assets Fund Balance$6,205,093$6,291,596▲ $86,503
Total Liabilities and Net Assets / Fund Balance$6,932,141$6,991,662▲ $59,521

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$3,266,088$1,129,997$4,396,085
Buildings$460,256$76,859$537,115
Land$517,900-$517,900
Other Land Buildings$229,955$12,571$242,526
Equipment$11,187$26,216$37,403

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$2,332,580$33,423▲ $171,383$318,373$2,219,013
2022$2,428,957$135,326▼ $179,389$52,314$2,332,580
2021$1,943,284$292,466▲ $211,485$18,278$2,428,957
2020$990,743$911,003▲ $119,459$77,921$1,943,284
2019$742,997$76,986▲ $175,766$5,006$990,743
Compensation and Service Providers
Top Officer Pay40th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Deirdre AndersonExecutive DirectorFT$104,000$104,000

Board Members and Trustees

NameTitle
James TaylorDirector/president A/o 04/2023
Paula BaggerDirector/president Thru 04/2023
Caroline CounselmanDirector/vice President
Cynthia GalkoDirector
Deborah EdmundsonDirector
Dorothy GaloDirector
Eileen McintyreDirector
Erin WhitmoreDirector
Gary Tondorf-dickDirector
Gordon CarrDirector
James ConroyDirector
Karen JohnsonDirector
Kathleen LelandDirector
Kenneth ForasteDirector
Lara Cogliano ThompsonDirector
Matthew TorreyDirector
Warren PelissierDirector
Jennifer HuntDirector A/o 04/2023
Lauren MahoneyDirector A/o 04/2023
Matt MacdonaldDirector A/o 04/2023
Craig BromleyDirector Thru 04/2023
Kathleen CurleyDirector Thru 07/2023
Cheryl BierwirthDirector/secretary
Robert MosherDirector/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Wilcox CorporationBuilding Contractor36 NORTH STREET, Hingham, MA 02043$112,041
Revenue and Support

Revenue Composition

Contributions and Grants
$753,565
Program Service Revenue
$64,274
Investment Income
$75,948
Other Revenue
$58,505
All Other Contributions
$578,480
Change in Net Assets
$-13,347

Audited Revenue Reconciliation

Revenue per Audited Statements
$947,877
Revenue Not Reported on Financial Statements
$4,415
Revenue Not Reported on Form 990
$166,064
Total Revenue per Audited Statements
$1,113,941
Total Revenue per Form 990
$952,292
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$566,069
Salaries, Compensation, and Employee Benefits$397,504
Total Fundraising Expense$214,704
Grants and Similar Amounts Paid$2,066
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$139,891$61,518$58,663$260,072
Depreciation Depletion$79,134$26,378$26,378$131,890
Occupancy$68,363$22,787$22,787$113,937
Current Officers, Directors, Trustees, and Key Employees$34,666$34,667$34,667$104,000
Fees for Services Other$61,993$6,740$8,805$77,538
Office Expenses$27,718$21,917$20,330$69,965
Insurance$27,858$8,741$7,107$43,706
Fees for Services Accounting-$39,500-$39,500
Payroll Taxes$15,715$8,659$8,402$32,776
Interest$15,511$5,170$5,170$25,851
Fees for Service Investment Mgmnt Fees-$4,415-$4,415
Other Expenses$2,397-$2,308$2,308
All Other Expenses$2,275--$2,275
Information Technology$1,260$420$420$2,100
Grants to Domestic Orgs$2,066--$2,066
Other Employee Benefits$315$173$168$656
Advertising$134$45-$179
Total Functional Expenses$509,805$241,130$214,704$965,639

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,027,438
Total Expenses per Form 990$965,639
Expenses per Audited Statements$961,224
Expenses Not Reported on Form 990$66,214
Expenses Not Reported on Financial Statements$4,415
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$92,542
Fundraising Direct Expenses$52,276
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Tavern Night$139,365$68,537$31,487$37,050
House Tour$29,383$24,005$8,339$15,666
Total Events$168,748$92,542$52,276$40,266
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
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1A

“The executive committee is made up of the officers, chair of the finance committee and two directors-at-large.”

Form 990, Part VI, Section A, Line 6

“Hingham historical society, inc. Has members.”

Form 990, Part VI, Section A, Line 7A

“The bylaws provide that hingham historical society members elect the society's officers and directors.”

Form 990, Part VI, Section A, Line 7B

“The bylaws provide that members approve any amendments to the bylaws and have the authority to call special meetings of the society and board of directors.”

Form 990, Part VI, Section B, Line 11B

“Form 990 is circulated to and reviewed by the finance committee of which the board president is a member. A complete copy of the form 990 is not provided to the board before it is filed.”

Form 990, Part VI, Section B, Line 12C

“Every new director goes through an orientation program which includes gaining understanding of the conflict of interest policy and all board members must complete and sign a disclosure form annually.”

Form 990, Part VI, Section B, Line 15

“The executive director's compensation is proposed in the annual payroll budget and then determined by executive committee during her annual review. The committee uses an industry standard (nema salary survey) to determine the increases. The discussions are documented. The executive director takes the same approach to establishing a benchmarked salary range to hire for staff positions. The process described here was last completed in 2024.”

Form 990, Part VI, Section C, Line 19

“The governing documents, conflict of interest policy and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Hingham Historical Society Inc
EIN
04-6052033
Phone
7817497721
Address
34 MAIN STREET, HINGHAM, MA 02043

Signing Officer

Name
James Taylor
Title
President
Phone
7817497721
Signed
2024-10-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Taylor
Formed
1914
Legal Domicile
Ma
Voting Board Members
21
Independent Board Members
21
Employees
17
Volunteers
200

Preparer

Firm
Cliftonlarsonallen Llp
Address
4 BATTERYMARCH PARK SUITE 100, QUINCY, MA 02169
Preparer
Shannon Crowley
Phone
7819821001
Supplemental Narrative

Financial Statement Notes

PART III, LINE 1A:

“Collections consist of a variety of historical treasurers and works of art. As permitted by accounting standards, the society does not capitalize donated or purchased collection items; therefore, they are not recognized as assets on the statements of financial position or contribution revenue on the statements of activities. Each of the items is cataloged, preserved and cared for and activities verifying their existence and assessing their condition are performed continuously. Purchases of collection items are recorded as decreases in net assets without donor restrictions in the year in which the items are acquired or as net assets with donor restrictions if a donor makes a contribution intended to fund the subsequent purchase of collections. It is the policy of the society that proceeds from the sale of any collection items are to be used to purchase additional collection items and for the direct care of collection items. The society considers direct care to entail actions that enhance the life, usefulness, or quality of the collection items to ensure they will continue to benefit the public.”

PART III, LINE 4:

“The organization's collections consist of historical treasures and works of art of local historical significance in keeping with the purpose of the organization to promote the history of the town of hingham, ma and the surrounding area.”

PART V, LINE 4:

“The endowment funds are permanent funds with income only to be used for either unrestricted or donor restricted purposes.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Museum shop expenses 13,938. Fundraising expenses 52,276.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Museum shop expenses 13,938. Fundraising expenses 52,276.”

Raw XML AppendixShowing 400 of 703 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/OfficerInd0X
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt240
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IRS990/Form990PartVIISectionAGrp/PersonNm2DEBORAH EDMUNDSON
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IRS990/Form990PartVIISectionAGrp/PersonNm4DOROTHY GALO
IRS990/Form990PartVIISectionAGrp/PersonNm5EILEEN MCINTYRE
IRS990/Form990PartVIISectionAGrp/PersonNm6WARREN PELISSIER
IRS990/Form990PartVIISectionAGrp/PersonNm7LARA COGLIANO THOMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm8GARY TONDORF-DICK
IRS990/Form990PartVIISectionAGrp/PersonNm9MATTHEW TORREY
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IRS990/Form990PartVIISectionAGrp/PersonNm13ERIN WHITMORE
IRS990/Form990PartVIISectionAGrp/PersonNm14GORDON CARR
IRS990/Form990PartVIISectionAGrp/PersonNm15CRAIG BROMLEY
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IRS990/Form990PartVIISectionAGrp/PersonNm17MATT MACDONALD
IRS990/Form990PartVIISectionAGrp/PersonNm18LAUREN MAHONEY
IRS990/Form990PartVIISectionAGrp/PersonNm19JENNIFER HUNT
IRS990/Form990PartVIISectionAGrp/PersonNm20ROBERT MOSHER
IRS990/Form990PartVIISectionAGrp/PersonNm21CHERYL BIERWIRTH
IRS990/Form990PartVIISectionAGrp/PersonNm22JAMES TAYLOR
IRS990/Form990PartVIISectionAGrp/PersonNm23PAULA BAGGER
IRS990/Form990PartVIISectionAGrp/PersonNm24CAROLINE COUNSELMAN
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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR THRU 04/2023
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR THRU 07/2023
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR A/O 04/2023
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR A/O 04/2023
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR A/O 04/2023
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR/SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR/PRESIDENT A/O 04/2023
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR/PRESIDENT THRU 04/2023
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR/VICE PRESIDENT
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IRS990/MissionDesc0THE HINGHAM HISTORICAL SOCIETY, FOUNDED IN 1914, IS A MEMBER-SUPPORTED NON-PROFIT DEDICATED TO COLLECTING, PRESERVING, EXHIBITING, AND INTERPRETING THE HISTORY OF THE TOWN OF HINGHAM, MASSACHUSETTS.
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IRS990/OtherExpensesGrp/Desc0FOOD SERVICES
IRS990/OtherExpensesGrp/Desc1EVENT SUPPLIES
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IRS990/OtherExpensesGrp/Desc3EVENT EQUIPMENT
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IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
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