Civic Intelligence

Bridge Hampton Historical Society Inc

990 • Fiscal year 2020 • EIN 11-2250693

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 16, 2021

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

22nd percentile

0.00x

Higher debt load relative to assets than 22% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

36th percentile

0.06x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

25th percentile

-7.8%

Higher net margin than 25% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

72nd percentile

$107,516

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 31.0% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

41st percentile

2.8%

Faster asset growth than 41% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

16th percentile

-29%

Faster revenue growth than 16% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets22nd percentile

Assets

Up

$4,952,678

Up $133,947 (+2.8%) from 2019

Net Assets

Up

$4,931,663

Up $132,378 (+2.8%) from 2019

Liabilities

Up

$21,015

Up $1,569 (+8.1%) from 2019

Revenue And Expenses
Liabilities / Revenue36th percentileNet Margin25th percentile

Revenue

Down

$347,164

Down $144,524 (-29%) from 2019

Expenses

Down

$374,122

Down $10,372 (-2.7%) from 2019

Net Income

Down

-$26,958

Down $134,152 (-125%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth41st 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

2020

Assets$4,952,678
Liabilities$21,015
Net Assets$4,931,663
Open 2020 Filing

Operations Trend

Revenue Growth16th 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

2020

Revenue$347,164
Expenses$374,122
Net Income-$26,958
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 16, 2021
Return Version
2020v4.0
Gross Receipts
$385,414
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$2,855,535$2,923,798▲ $68,263
Investments in Publicly Traded Securities$1,622,178$1,773,785▲ $151,607
Savings and Temporary Cash Investments$285,286$133,464▼ $151,822
Cash and Non-Interest-Bearing Accounts$42,884$105,620▲ $62,736
Prepaid Expenses and Deferred Charges$11,351$11,011▼ $340
Accounts Receivable-$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$4,818,731$4,952,678▲ $133,947
Other Assets Total$1,497$0▼ $1,497
Liabilities
Other Liabilities$19,446$21,015▲ $1,569
Total Liabilities$19,446$21,015▲ $1,569
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,929,467$4,113,426▲ $183,959
Net Assets With Donor Restrictions$869,818$818,237▼ $51,581
Total Net Assets Fund Balance$4,799,285$4,931,663▲ $132,378
Total Liabilities and Net Assets / Fund Balance$4,818,731$4,952,678▲ $133,947

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,913,798$145,429-
Land$10,000--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$924,142---$924,142
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 Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
John EilertsenExecutive DirecFT$85,020$22,496$107,516

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$237,527
Program Service Revenue
$46,823
Investment Income
$60,115
Other Revenue
$2,699
All Other Contributions
$93,027
Change in Net Assets
$-26,958

Audited Revenue Reconciliation

Revenue per Audited Statements
$347,164
Revenue Not Reported on Form 990
$159,336
Total Revenue per Audited Statements
$506,500
Total Revenue per Form 990
$347,164
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$209,260
Other Expenses$164,862
Total Fundraising Expense$18,949
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$80,637$13,440$13,439$107,516
Other Salaries and Wages$70,864$17,608-$88,472
Occupancy$21,091--$21,091
Payroll Taxes$10,299$2,160$813$13,272
Fees for Services Accounting$8,697$1,864$1,864$12,425
Office Expenses$2,322$2,255$2,255$6,832
Depreciation Depletion$4,624$578$578$5,780
Other Expenses$3,100$3,507-$3,100
Advertising$2,834--$2,834
All Other Expenses$110$650-$760
Total Functional Expenses$313,111$42,062$18,949$374,122

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$374,122
Total Expenses per Audited Statements$374,122
Total Expenses per Form 990$374,122
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
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$17,674
Payroll Liabilities$3,333
Taxes Payable$8
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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 society, 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
Nina R Dec
Title
Director
Signed
2021-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nina R Dec
Formed
1956
Legal Domicile
Ny
Voting Board Members
14
Independent Board Members
14
Employees
3
Volunteers
5

Preparer

Firm
Sabel & Oplinger CPA Pc
Address
106 Prospect St, Southampton, NY 11968
Preparer
Robert J Strebel 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, 2020, no amounts have been recognized for uncertain income tax positions. The Organization's tax returns for the year 2017 and forward are subject to the usual review by the appropriate taxing authorities.”

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Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,952,678
Liabilities
$21,015
Net assets
$4,931,663
Revenue
$347,164
Expenses
$374,122
Net income
-$26,958
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
2020Detailed filing. Detailed filing data is available for this year.$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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • $1M-$5M nonprofits