Civic Intelligence

Bridge Hampton Historical Society Inc

990 • Fiscal year 2019 • EIN 11-2250693

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 15, 2020

Organization Profilewww.bridgehamptonhistoricalsociety.org
PO Box 977Bridgehampton, NY 11932

(631) 537-1088

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.00x

Higher debt load relative to assets than 23% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

36th percentile

0.04x

Higher debt load relative to revenue than 36% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

79th percentile

22%

Higher net margin than 79% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

60th percentile

$83,200

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 16.9% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

59th percentile

6.1%

Faster asset growth than 59% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

4th percentile

-53%

Faster revenue growth than 4% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets23rd percentile

Assets

Up

$4,818,731

Up $277,261 (+6.1%) from 2018

Net Assets

Up

$4,799,285

Up $297,787 (+6.6%) from 2018

Liabilities

Down

$19,446

Down $20,526 (-51%) from 2018

Revenue And Expenses
Liabilities / Revenue36th percentileNet Margin79th percentile

Revenue

Down

$491,688

Down $549,597 (-53%) from 2018

Expenses

Up

$384,494

Up $18,675 (+5.1%) from 2018

Net Income

Down

$107,194

Down $568,272 (-84%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth59th percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $1,992,718Liabilities 2010: $20,534Net Assets 2010: $1,972,1842010Assets 2011: $2,150,005Liabilities 2011: $31,412Net Assets 2011: $2,118,5932011Assets 2012: $2,287,222Liabilities 2012: $23,287Net Assets 2012: $2,263,9352012Assets 2013: $2,460,213Liabilities 2013: $5,086Net Assets 2013: $2,455,1272013Assets 2014: $2,550,428Liabilities 2014: $16,258Net Assets 2014: $2,534,1702014Assets 2015: $2,643,286Liabilities 2015: $7,956Net Assets 2015: $2,635,3302015Assets 2016: $2,944,988Liabilities 2016: $26,849Net Assets 2016: $2,918,1392016Assets 2017: $3,927,389Liabilities 2017: $29,479Net Assets 2017: $3,897,9102017Assets 2018: $4,541,470Liabilities 2018: $39,972Net Assets 2018: $4,501,4982018Assets 2019: $4,818,731Liabilities 2019: $19,446Net Assets 2019: $4,799,2852019Assets 2020: $4,952,678Liabilities 2020: $21,015Net Assets 2020: $4,931,6632020Assets 2021: $3,124,070Liabilities 2021: $4,680Net Assets 2021: $3,119,3902021Assets 2022: $2,587,908Liabilities 2022: $16,349Net Assets 2022: $2,571,5592022Assets 2023: $2,725,052Liabilities 2023: $12,978Net Assets 2023: $2,712,0742023Assets 2024: $2,768,136Liabilities 2024: $20,065Net Assets 2024: $2,748,0712024

Highlighted filing

2019

Assets$4,818,731
Liabilities$19,446
Net Assets$4,799,285
Open 2019 Filing

Operations Trend

Revenue Growth4th percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $271,1732010Expenses 2011: $289,2702011Expenses 2012: $276,7392012Revenue 2013: $458,537Expenses 2013: $314,719Net Income 2013: $143,8182013Revenue 2014: $415,760Expenses 2014: $345,427Net Income 2014: $70,3332014Revenue 2015: $509,435Expenses 2015: $401,190Net Income 2015: $108,2452015Revenue 2016: $591,765Expenses 2016: $326,419Net Income 2016: $265,3462016Revenue 2017: $1,274,350Expenses 2017: $345,451Net Income 2017: $928,8992017Revenue 2018: $1,041,285Expenses 2018: $365,819Net Income 2018: $675,4662018Revenue 2019: $491,688Expenses 2019: $384,494Net Income 2019: $107,1942019Revenue 2020: $347,164Expenses 2020: $374,122Net Income 2020: -$26,9582020Revenue 2021: $1,461,349Expenses 2021: $453,706Net Income 2021: $1,007,6432021Revenue 2022: $238,484Expenses 2022: $465,917Net Income 2022: -$227,4332022Revenue 2023: $283,997Expenses 2023: $419,312Net Income 2023: -$135,3152023Revenue 2024: $355,299Expenses 2024: $577,018Net Income 2024: -$221,7192024

Highlighted filing

2019

Revenue$491,688
Expenses$384,494
Net Income$107,194
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 15, 2020
Return Version
2019v5.0
Gross Receipts
$502,960
Mission and Program Overview

Mission

The mission of the bridge hampton historical society is to inspire the documentation,preservation and interpretation of the history and cultural traditions of bridgehampton and its surrounding communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,817,027$2,855,535▲ $38,508
Investments in Publicly Traded Securities$1,161,396$1,622,178▲ $460,782
Savings and Temporary Cash Investments$512,493$285,286▼ $227,207
Cash and Non-Interest-Bearing Accounts$38,868$42,884▲ $4,016
Prepaid Expenses and Deferred Charges$6,686$11,351▲ $4,665
Accounts Receivable$5,000$0▼ $5,000
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$4,541,470$4,818,731▲ $277,261
Other Assets Total-$1,497-
Liabilities
Accounts Payable and Accrued Expenses$26,551--
Other Liabilities$13,421$19,446▲ $6,025
Total Liabilities$39,972$19,446▼ $20,526
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,577,356$3,929,467▲ $352,111
Net Assets With Donor Restrictions$924,142$869,818▼ $54,324
Total Net Assets Fund Balance$4,501,498$4,799,285▲ $297,787
Total Liabilities and Net Assets / Fund Balance$4,541,470$4,818,731▲ $277,261

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,845,535$139,649-
Land$10,000--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$924,142$54,600-$108,924$869,818
2018$1,000,000$21,703-$97,561$924,142
2017-$1,000,000--$1,000,000
Compensation and Service Providers
Top Officer Pay60th percentile

Employees

NameTitleFull / Part TimeBaseTotal
John EilertsenExecutive DirecFT$83,200$83,200

Board Members and Trustees

NameTitle
Walter MillerPresident
Judy MusnickiVice President
Ana DanielTrustee
Andrea MadaioTrustee
Bill CampbellTrustee
Marilee FosterTrustee
Nancy Walter-yvertesTrustee
Paul BrennanTrustee
Peter SughrueTrustee
Phyllis DavisTrustee
Preston T PhillipsTrustee
Robert MorrowTrustee
Shira KalishTrustee
Ed WesnofskiTreas., Secty.
Revenue and Support

Revenue Composition

Contributions and Grants
$310,640
Program Service Revenue
$46,471
Investment Income
$41,570
Other Revenue
$93,007
All Other Contributions
$220,640
Change in Net Assets
$107,194

Audited Revenue Reconciliation

Revenue per Audited Statements
$491,688
Revenue Not Reported on Form 990
$201,865
Total Revenue per Audited Statements
$693,553
Total Revenue per Form 990
$491,688
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$227,526
Other Expenses$156,968
Total Fundraising Expense$16,626
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$82,589$17,199-$99,788
Current Officers, Directors, Trustees, and Key Employees$62,400$10,400$10,400$83,200
Occupancy$31,252--$31,252
Other Employee Benefits$24,190$4,788$1,260$30,238
Payroll Taxes$11,287$2,223$790$14,300
Fees for Services Accounting$9,312$1,995$1,995$13,302
Advertising$10,464--$10,464
All Other Expenses$1,818$7,716-$9,534
Other Expenses$6,440--$6,440
Depreciation Depletion$4,757$595$595$5,947
Office Expenses$1,635$1,586$1,586$4,807
Total Functional Expenses$321,366$46,502$16,626$384,494

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$395,766
Expenses per Audited Statements$384,494
Total Expenses per Form 990$384,494
Expenses Not Reported on Form 990$11,272
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$58,494
Fundraising Direct Expenses$10,932
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Other Special Events$42,894$42,894$10,932$31,962
Cocktail Party$15,600$15,600-$15,600
Total Events$58,494$58,494$10,932$47,562
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Prepaid Membership Dues$15,759
Payroll Liabilities$3,664
Taxes Payable$23
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
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, Part VI, Line 11B: Form 990 Review Process

“The treasurer and president review the 990 and present to the board for approval prior to filing.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“The board has adopted a conflict of interest policy and requires all board memebrs to approve it annually.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“The executive committee consisting of independent individuals approves the compensation of the executive director using comparative data.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“Board reviewed and approved each year”

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

“A copy of the 990 can be found on www.guidestar.org”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Available upon written request to bridge hampton historical socieaty, po box 977, bridgehampton, ny 11932”

Filing and Contact Details

Filer

Filer Name
Bridge Hampton Historical Society
EIN
11-2250693
Phone
6315371088
Address
PO BOX 977, BRIDGEHAMPTON, NY 11932

Signing Officer

Name
John Eilertsen
Title
Executive Director
Signed
2020-10-15
Discuss with paid preparer
Yes

Organization Details

Formed
1956
Legal Domicile
Ny
Voting Board Members
14
Independent Board Members
14
Employees
5
Volunteers
5

Preparer

Firm
Sabel & Oplinger CPA Pc
Address
PO BOX 1307, SOUTHAMPTON, NY 11969-1307
Preparer
Mary Ann Mendel CPA
Phone
6312832370
Supplemental Narrative

Financial Statement Notes

Part III, Line 1A: If organization elected under SFAS 116 to not report are, historical treasures, O

“The society's collections are made up of artifacts of historical significance and art objects that are held for educational and curatorial purposes. The collections which were acquired since the society's inception, are not recognized as assets on the statements of financial position. In 2003, the society adopted a policy to capitalize future collections.”

Part X : FIN48 Footnote

“The Society has been classified by the Internal Revenue Service as a publicly supported tax exempt charity pursuant to IRC Section 501 (c) (3) and as a not-for-profit corporation under the laws of New York State. Accordingly, no provision for Federal or State income taxes is required. As of December 31, 2019, no amounts have been recognized for uncertain income tax positions. The Organization's tax returns for the year 2016 and forward are subject to the usual review by the appropriate taxing authorities.”

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

“special events direct expenses $11272”

Part XII, Line 2D: Other expenses and losses per audited F/S

“special events direct expenses $11272”

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IRS990/Form990PartVIISectionAGrp/TitleTxt1Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt2President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt4Treas., Secty.
IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt7Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt8Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt9Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt10Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt11Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt12Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt13Trustee
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IRS990/MinutesOfCommitteesInd0true
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IRS990/MissionDesc0THE MISSION OF THE BRIDGE HAMPTON HISTORICAL SOCIETY IS TO INSPIRE THE DOCUMENTATION,PRESERVATION AND INTERPRETATION OF THE HISTORY AND CULTURAL TRADITIONS OF BRIDGEHAMPTON AND ITS SURROUNDING COMMUNITIES.
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IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
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IRS990/OtherExpensesGrp/Desc2FOLK ART EXP
IRS990/OtherExpensesGrp/Desc3LANDSCAPING
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IRS990/OtherExpensesGrp/ProgramServicesAmt116113
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IRS990/OtherRevenueTotalAmt00
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt082589
IRS990/OtherSalariesAndWagesGrp/TotalAmt099788
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IRS990/PayrollTaxesGrp/ProgramServicesAmt011287
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Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,818,731
Liabilities
$19,446
Net assets
$4,799,285
Revenue
$491,688
Expenses
$384,494
Net income
$107,194
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.77$0.02$2.75$0.36$0.58$0.22
2023Detailed filing. Detailed filing data is available for this year.$2.73$0.01$2.71$0.28$0.42$0.14
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.59$0.02$2.57$0.24$0.47$0.23
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.12$0.00$3.12$1.46$0.45$1.01
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.95$0.02$4.93$0.35$0.37$0.03
2019Detailed filing. Detailed filing data is available for this year.$4.82$0.02$4.80$0.49$0.38$0.11
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.54$0.04$4.50$1.04$0.37$0.68
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.93$0.03$3.90$1.27$0.35$0.93
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.94$0.03$2.92$0.59$0.33$0.27
2015Detailed filing. Detailed filing data is available for this year.$2.64$0.01$2.64$0.51$0.40$0.11
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$2.55$0.02$2.53$0.42$0.35$0.07
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$2.46$0.01$2.46$0.46$0.31$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.29$0.02$2.26$0.28
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.15$0.03$2.12$0.29
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.99$0.02$1.97$0.27