Hill-Stead Museum

“Hill-stead museum made changes to our governance documents in 2024. The documents were updated to improve clarity and incorporate current language and references. The revised documents include our certificate of incorporation, bylaws, and code of ethics.”

“The organization has members.”

“The "bank" trustee and "colonial dames" trustee have the power to appoint the museum trustee. Persons other than trustees are elected to serve as governors by vote of the board of governors at its annual meeting.”

“While the board of governors plays a significant role in the control and management of the affairs and funds of hsm, all governance decisions ultimately lie with the three trustees.”

“In conjunction with the organization's annual audit process, the form 990 is prepared by hsm's external auditors, discussed with the finance director and further reviewed by the executive director, president and finance committee. Additionally, the form 990 is emailed to the full board upon completion of this initial review and prior to its filing with the irs.”

“Each year, hsm distributes its code of ethics and confict of interest policy to trustees, governors, and employees. Individuals are requested to complete a questionnaire to help identify situations that could lead to a conflict of interest and to sign a statement that he/she has read and understands the organization's policy. Hsm's executive director reviews all returned forms and, with the assistance from the board president and committee on governors, takes the necessary steps to resolve identified conflicts of interest by any trustee, governor, or employee having transactions with the organization or participating in policy-making decisions for the organization.”

“Form 990 part vi line 15a - compensation process for top official the process for reviewing the compensation for the executive director includes the following: 1)self-assessment of the executive director against performance goals 2) input from the trustees, board of governors and committee chairs, and 3) review of the compensation by the executive committee. After reviewing all data, the board president prepares and delivers a performance review and compensation package. Form 990, part vi, line 15b - compensation for officers and key employees other than the executive director, the museum's directors are not compensated, and there are no key employees as defined by the irs.”

“The museum's governing documents and conflict of interest policy are made available upon request. Financial statements are posted on the museum's website and are also made available upon written request.”

“The benefit of present and future generations”

“Equipment rental: program service expenses 5,032. Management and general expenses 202. Fundraising expenses 9,010. Total expenses 14,244. Catering: program service expenses 5,521. Management and general expenses 10,350. Fundraising expenses 59,790. Total expenses 75,661. Technical, artistic and educators: program service expenses 145,350. Management and general expenses 26,036. Fundraising expenses 14,493. Total expenses 185,879.”