Civic Intelligence

Henry L Ferguson Museum

990 • Fiscal year 2014 • EIN 11-6015380

Jan 01, 2014 to Dec 31, 2014 • Filed on Apr 13, 2015

PO Box 554Fishers Island, NY 06390

(631) 788-7239

Siviq Scores

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

Liabilities / Assets

7th percentile

0.00x

Higher debt load relative to assets than 7% of similar nonprofits.

2014 filings • NTEE A • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

8th percentile

0.00x

Higher debt load relative to revenue than 8% of similar nonprofits.

2014 filings • NTEE A • $5M-$10M nonprofits • Source year 2014

Net Margin

89th percentile

60%

Higher net margin than 89% of similar nonprofits.

2014 filings • NTEE A • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

25th percentile

$60,000

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 9.4% of source-year revenue.

2014 filings • NTEE A • $5M-$10M nonprofits • Source year 2014

Asset Growth

54th percentile

3.9%

Faster asset growth than 54% of similar nonprofits.

2014 filings • NTEE A • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

93rd percentile

134%

Faster revenue growth than 93% of similar nonprofits.

2014 filings • NTEE A • $5M-$10M nonprofits • Annualized from 2013 to 2014

Assets

Up

$9,940,434

Up $372,031 (+3.9%) from 2013

Net Assets

Up

$9,938,258

Up $376,158 (+3.9%) from 2013

Liabilities

Down

$2,176

Down $4,127 (-65%) from 2013

Revenue

Up

$637,259

Up $364,784 (+134%) from 2013

Expenses

Up

$253,132

Up $20,851 (+9.0%) from 2013

Net Income

Up

$384,127

Up $343,933 (+856%) from 2013

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2011: $9,095,988Liabilities 2011: $1,123Net Assets 2011: $9,094,8652011Assets 2012: $9,234,916Liabilities 2012: $756Net Assets 2012: $9,234,1602012Assets 2013: $9,568,403Liabilities 2013: $6,303Net Assets 2013: $9,562,1002013Assets 2014: $9,940,434Liabilities 2014: $2,176Net Assets 2014: $9,938,2582014Assets 2015: $9,942,276Liabilities 2015: $4,290Net Assets 2015: $9,937,9862015Assets 2016: $11,187,591Liabilities 2016: $2,510Net Assets 2016: $11,185,0812016Assets 2017: $12,754,317Liabilities 2017: $3,887Net Assets 2017: $12,750,4302017Assets 2018: $12,931,224Liabilities 2018: $0Net Assets 2018: $12,931,2242018Assets 2019: $13,683,733Liabilities 2019: $66,745Net Assets 2019: $13,616,9882019Assets 2020: $13,892,178Liabilities 2020: $81,176Net Assets 2020: $13,811,0022020Assets 2021: $14,604,102Liabilities 2021: $27,917Net Assets 2021: $14,576,1852021Assets 2022: $13,998,187Liabilities 2022: $8,276Net Assets 2022: $13,989,9112022Assets 2023: $9,763,103Liabilities 2023: $0Net Assets 2023: $9,763,1032023Assets 2024: $18,739,381Liabilities 2024: $2,954Net Assets 2024: $18,736,4272024

Highlighted filing

2014

Assets$9,940,434
Liabilities$2,176
Net Assets$9,938,258

Operations Trend

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

$5.0M$0-$5.0MRevenue 2011: $187,695Expenses 2011: $197,148Net Income 2011: -$9,4532011Revenue 2012: $207,473Expenses 2012: $202,495Net Income 2012: $4,9782012Revenue 2013: $272,475Expenses 2013: $232,281Net Income 2013: $40,1942013Revenue 2014: $637,259Expenses 2014: $253,132Net Income 2014: $384,1272014Revenue 2015: $543,981Expenses 2015: $264,881Net Income 2015: $279,1002015Revenue 2016: $1,295,056Expenses 2016: $296,861Net Income 2016: $998,1952016Revenue 2017: $1,835,357Expenses 2017: $378,475Net Income 2017: $1,456,8822017Revenue 2018: $696,379Expenses 2018: $376,137Net Income 2018: $320,2422018Revenue 2019: $771,252Expenses 2019: $428,783Net Income 2019: $342,4692019Revenue 2020: $769,389Expenses 2020: $446,169Net Income 2020: $323,2202020Revenue 2021: $965,512Expenses 2021: $657,872Net Income 2021: $307,6402021Revenue 2022: $701,678Expenses 2022: $671,182Net Income 2022: $30,4962022Revenue 2023: $0Expenses 2023: $4,226,808Net Income 2023: -$4,226,8082023Revenue 2024: $2,359,657Expenses 2024: $750,838Net Income 2024: $1,608,8192024

Highlighted filing

2014

Revenue$637,259
Expenses$253,132
Net Income$384,127
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Apr 13, 2015
Return Version
2014v5.0
Gross Receipts
$766,050
Mission and Program Overview

Mission

Maintain and operate a museum and nature trails and sanctuary properties on fishers island, new york.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,271,464$7,303,019▲ $31,555
Investments in Publicly Traded Securities$1,712,133$2,005,768▲ $293,635
Savings and Temporary Cash Investments$479,649$375,469▼ $104,180
Cash and Non-Interest-Bearing Accounts$85,597$233,618▲ $148,021
Accounts Receivable-$0-
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-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$9,568,403$9,940,434▲ $372,031
Other Assets Total$19,560$22,560▲ $3,000
Liabilities
Accounts Payable and Accrued Expenses$6,303$2,176▼ $4,127
Total Liabilities$6,303$2,176▼ $4,127
Net Assets / Fund Balance
Permanently Rstr Net Assets$6,215,039$6,215,039→ $0
Unrestricted Net Assets$3,291,589$3,466,811▲ $175,222
Temporarily Rstr Net Assets$55,472$256,408▲ $200,936
Total Net Assets Fund Balance$9,562,100$9,938,258▲ $376,158
Total Liabilities and Net Assets / Fund Balance$9,568,403$9,940,434▲ $372,031

Asset Categories

AssetBook ValueDepreciationBasis
Land$6,215,039-$6,215,039
Buildings$1,037,182$426,987$1,464,169
Leasehold Improvements$23,789$96,430$120,219
Other Land Buildings$18,140$4,304$22,444
Equipment$8,869$12,095$20,964
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Pierce RaffertyExecutive DirectorFT$60,000$60,000

Board Members and Trustees

NameTitle
Penelope C SharpPresident
Bagley ReidVice President
Elizabeth H CookVice President
Robert J MillerVice President
Audrey LudemannBoard Member
B Scott ReidBoard Member
Barry BryanBoard Member
Carrie CoolidgeBoard Member
Heather F BurnhamBoard Member
Jeffrey EdwardsBoard Member
Ken Edwards SrBoard Member
Marnie F BriggsBoard Member
Steven MalinowskiBoard Member
Thomas B ParkerBoard Member
Virginia ThorsBoard Member
Wendy O'NeilBoard Member
Henry Ferguson IIISecretary
John S W SpoffordTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$427,947
Program Service Revenue
$0
Investment Income
$207,585
Other Revenue
$1,727
All Other Contributions
$427,947
Change in Net Assets
$384,127
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$188,132
Salaries, Compensation, and Employee Benefits$65,000
Total Fundraising Expense$40,692
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$30,000$18,000$12,000$60,000
Depreciation Depletion$21,960$13,176$8,784$43,920
Insurance$12,101$7,260$4,840$24,201
Fees for Service Investment Mgmnt Fees$11,236$6,741$4,494$22,471
All Other Expenses$9,483$3,166$1,730$14,379
Occupancy$4,240$2,544$1,696$8,480
Fees for Services Other$5,317--$5,317
Payroll Taxes$2,500$1,500$1,000$5,000
Other Expenses$4,761$1,522$1,015$4,761
Fees for Services Accounting$1,041$625$416$2,082
Office Expenses$526$316$210$1,052
Advertising$214$128$86$428
Travel$179$107$72$358
Total Functional Expenses$150,832$61,608$40,692$253,132
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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
No
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Elizabeth h. Cook, vice president, daughter is elizabeth c. Reed. Both are board membershenry l. Ferguson iii, secretary, daughter is heather f. Burnham. Both are board membersl.bagley reid, vice president, son is b. Scott reid. Both are board membersjeffery edwards is a cousin, once removed, of ken edwards, sr. Both are board members.

Form 990, Part VI, Line 11B: Form 990 Review Process

Form 990 is reviwed by president, treasurer, and executive director.

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

Treasurer and president review compensation with approval of board of trustees

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

Upon request and guidestar

Filing and Contact Details

Filer

Filer Name
Henry L Ferguson Museum
EIN
11-6015380
Phone
6317887239
Address
PO Box 554, Fishers Island, NY 06390

Signing Officer

Name
John S W Spofford
Title
Treasurer
Signed
2015-04-13
Discuss with paid preparer
Yes

Organization Details

Formed
1967
Legal Domicile
Ny
Voting Board Members
19
Independent Board Members
19
Employees
1
Volunteers
40

Preparer

Firm
Doherty Beals & Banks PC
Address
187 Williams St, New London, CT 06320
Preparer
Audrey A Leone CPA
Phone
8604432033
Supplemental Narrative

Financial Statement Notes

Part II, Line 9: Organization Reporting of conservation easements.

Conservation easements are capitalized if a fee is paid. If donated not recorded because henry l. Ferguson museum reports on the modified cash basis.

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

The Henry Ferguson Museum maintains art collections that have been donated to the museum by fishers island residents. The art work is historically significant representation of the history of the fishers island community. The Henry Ferguson Museum reports on a modified cash basis. As such, art work that has been donated to the museum are not reported on the revenue statement or balance sheet.

Part III, Line 4: Description of organization'S collections and how it furthers its purpose.

The museum displays collections pertaining to local flora and fauna, history and archaeology for the education and benefit of the general public without charge.

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IRS990/Form990PartVIISectionAGrp/PersonNm0Penelope C Sharp
IRS990/Form990PartVIISectionAGrp/PersonNm1John S W Spofford
IRS990/Form990PartVIISectionAGrp/PersonNm2Elizabeth H Cook
IRS990/Form990PartVIISectionAGrp/PersonNm3Barry Bryan
IRS990/Form990PartVIISectionAGrp/PersonNm4Robert J Miller
IRS990/Form990PartVIISectionAGrp/PersonNm5Henry Ferguson III
IRS990/Form990PartVIISectionAGrp/PersonNm6B Scott Reid
IRS990/Form990PartVIISectionAGrp/PersonNm7Heather F Burnham
IRS990/Form990PartVIISectionAGrp/PersonNm8Marnie F Briggs
IRS990/Form990PartVIISectionAGrp/PersonNm9Jeffrey Edwards
IRS990/Form990PartVIISectionAGrp/PersonNm10Ken Edwards Sr
IRS990/Form990PartVIISectionAGrp/PersonNm11Bagley Reid
IRS990/Form990PartVIISectionAGrp/PersonNm12Carrie Coolidge
IRS990/Form990PartVIISectionAGrp/PersonNm13Audrey Ludemann
IRS990/Form990PartVIISectionAGrp/PersonNm14Steven Malinowski
IRS990/Form990PartVIISectionAGrp/PersonNm15Wendy O'Neil
IRS990/Form990PartVIISectionAGrp/PersonNm16Thomas B Parker
IRS990/Form990PartVIISectionAGrp/PersonNm17Virginia Thors
IRS990/Form990PartVIISectionAGrp/PersonNm18Pierce Rafferty
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IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt5Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt10Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt11Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt12Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt13Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt14Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt15Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt16Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt17Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt18Executive Dir.
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IRS990/Form990TFiledInd0false
IRS990/FormationYr01967
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IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt070388
IRS990/GamingActivitiesInd0false
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IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
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IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0197681
IRS990/GrossReceiptsAmt0766050
IRS990/GrossSalesOfInventoryAmt03136
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IRS990/InsuranceGrp/ManagementAndGeneralAmt07260
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IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
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IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
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IRS990/MinutesOfCommitteesInd0true
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IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt01638
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IRS990/OperateHospitalInd0false
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IRS990/OtherExpensesGrp/Desc2Printing and Publications
IRS990/OtherExpensesGrp/Desc3Programs
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IRS990/OtherExpensesGrp/FundraisingAmt11015
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11522
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IRS990/OtherExpensesGrp/ProgramServicesAmt22537
IRS990/OtherExpensesGrp/ProgramServicesAmt34761
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IRS990/OtherExpensesGrp/TotalAmt117085
IRS990/OtherExpensesGrp/TotalAmt25074
IRS990/OtherExpensesGrp/TotalAmt34761
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous Revenue
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IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0MAINTAIN NATURE TRAILS IN THE MUSEUM'S SEVERAL SANCTUARY PROPERTIES FOR THE PROTECTION AND CONSERVATION OF NATURE AND WILDLIFE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt016779
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt08745
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0177899
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt094656
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0167838
IRS990/PYOtherRevenueAmt0-80
IRS990/PYRevenuesLessExpensesAmt040194

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.7$0.00$18.7$2.36$0.75$1.61
2023Detailed filing. Detailed filing data is available for this year.$9.76$0.00$9.76$0.00$4.23$4.23
2022Detailed filing. Detailed filing data is available for this year.$14.0$0.01$14.0$0.70$0.67$0.03
2021Detailed filing. Detailed filing data is available for this year.$14.6$0.03$14.6$0.97$0.66$0.31
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.9$0.08$13.8$0.77$0.45$0.32
2019Detailed filing. Detailed filing data is available for this year.$13.7$0.07$13.6$0.77$0.43$0.34
2018Detailed filing. Detailed filing data is available for this year.$12.9$0.00$12.9$0.70$0.38$0.32
2017Detailed filing. Detailed filing data is available for this year.$12.8$0.00$12.8$1.84$0.38$1.46
2016Detailed filing. Detailed filing data is available for this year.$11.2$0.00$11.2$1.30$0.30$1.00
2015Detailed filing. Detailed filing data is available for this year.$9.94$0.00$9.94$0.54$0.26$0.28
2014Detailed filing. Detailed filing data is available for this year.$9.94$0.00$9.94$0.64$0.25$0.38
2013Summary only. Only limited summary data is available for this year.$9.57$0.01$9.56$0.27$0.23$0.04
2012Summary only. Only limited summary data is available for this year.$9.23$0.00$9.23$0.21$0.20$0.00
2011Summary only. Only limited summary data is available for this year.$9.10$0.00$9.09$0.19$0.20$0.01