Civic Intelligence

Henry L Ferguson Museum

990 • Fiscal year 2019 • EIN 11-6015380

Jan 01, 2019 to Dec 31, 2019 • Filed on May 05, 2022

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

20th percentile

0.00x

Higher debt load relative to assets than 20% of similar nonprofits.

2019 filings • NTEE A • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

31st percentile

0.09x

Higher debt load relative to revenue than 31% of similar nonprofits.

2019 filings • NTEE A • $10M-$25M nonprofits • Source year 2019

Net Margin

86th percentile

44%

Higher net margin than 86% of similar nonprofits.

2019 filings • NTEE A • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

19th percentile

$83,355

Higher top officer pay than 19% of similar nonprofits.

Top officer pay equals 10.8% of source-year revenue.

2019 filings • NTEE A • $10M-$25M nonprofits • Source year 2019

Asset Growth

62nd percentile

5.8%

Faster asset growth than 62% of similar nonprofits.

2019 filings • NTEE A • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

63rd percentile

11%

Faster revenue growth than 63% of similar nonprofits.

2019 filings • NTEE A • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Up

$13,683,733

Up $752,509 (+5.8%) from 2018

Net Assets

Up

$13,616,988

Up $685,764 (+5.3%) from 2018

Liabilities

Up

$66,745

Up $66,745 from 2018

Revenue

Up

$771,252

Up $74,873 (+11%) from 2018

Expenses

Up

$428,783

Up $52,646 (+14%) from 2018

Net Income

Up

$342,469

Up $22,227 (+6.9%) from 2018

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

2019

Assets$13,683,733
Liabilities$66,745
Net Assets$13,616,988

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

2019

Revenue$771,252
Expenses$428,783
Net Income$342,469
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 5, 2022
Return Version
2019v5.0
Gross Receipts
$830,495
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$9,978,301$9,937,192▼ $41,109
Investments in Publicly Traded Securities$2,431,578$3,296,574▲ $864,996
Cash and Non-Interest-Bearing Accounts$353,315$283,865▼ $69,450
Savings and Temporary Cash Investments$144,635$126,102▼ $18,533
Pledges and Grants Receivable-$40,000-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$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$12,931,224$13,683,733▲ $752,509
Other Assets Total$23,395$0▼ $23,395
Liabilities
Deferred Revenue-$62,765-
Accounts Payable and Accrued Expenses-$3,980-
Total Liabilities$0$66,745▲ $66,745
Net Assets / Fund Balance
Net Assets With Donor Restrictions$6,551,928$8,186,192▲ $1,634,264
Net Assets Without Donor Restrictions$6,379,296$5,430,796▼ $948,500
Total Net Assets Fund Balance$12,931,224$13,616,988▲ $685,764
Total Liabilities and Net Assets / Fund Balance$12,931,224$13,683,733▲ $752,509

Asset Categories

AssetBook ValueDepreciationBasis
Land$8,540,039-$8,540,039
Leasehold Improvements$1,305,535$751,474$2,057,009
Other Land Buildings$87,961$64,138$152,099
Equipment$3,657$22,856$26,513
Buildings-$26,457$26,457

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$2,688,713$325,684▲ $452,577$44,298$3,422,676
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Pierce RaffertyExecutive DirectorFT$77,500$5,855$83,355

Board Members and Trustees

NameTitle
Elizabeth McCancePresident
L Bagley ReidVice President
Alice Cary BrownBoard Member
Audrey LudemannBoard Member
Barbara C RiegelBoard Member
Barry BryanBoard Member
Carrie CoolidgeBoard Member
Eugenie TrevorBoard Member
Heather F BurnhamBoard Member
Jeffrey EdwardsBoard Member
Ken Edwards SrBoard Member
Marion Ferguson BriggsBoard Member
Megan Bohlen RaymondBoard Member
Steve MalinowskiBoard Member
Terry McNamaraBoard Member
Thomas ParkerBoard Member
Wendy O'NeilBoard Member
Henry L Ferguson IIISecretary
B Scott ReidTreasurer
Robert J MillerV. Pres - Land
Revenue and Support

Revenue Composition

Contributions and Grants
$696,797
Program Service Revenue
$0
Investment Income
$72,402
Other Revenue
$2,053
All Other Contributions
$696,797
Change in Net Assets
$342,469

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Securities Publicly Traded7$190,752
Total Noncash Contributions7$190,752
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$253,189
Salaries, Compensation, and Employee Benefits$175,594
Total Fundraising Expense$42,880
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$58,348$16,671$8,336$83,355
Other Salaries and Wages$55,487$15,853$7,926$79,266
Depreciation Depletion$50,428$14,408$7,204$72,040
Insurance$15,502$4,429$2,215$22,146
All Other Expenses$10,685$3,052$1,527$15,264
Other Expenses$9,253$2,644$1,322$13,219
Payroll Taxes$9,081$2,595$1,297$12,973
Office Expenses$6,430$1,837$919$9,186
Fees for Services Accounting$5,511$1,574$787$7,872
Travel$346$99$49$494
Total Functional Expenses$300,148$85,755$42,880$428,783
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
Yes
Audit committee
No
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
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 mccance, henry l. Ferguson iii, marion ferguson briggs, and thomas parker are all cousins. Heather ferguson burnham is a cousin of all of the above, with the exception of henry l. Ferguson iii, who is her father.jeffery edwards is a cousin, once removed, of ken edwards, sr. Both are board members.b. Scott reid is a son of l. Bagley reid. 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
B Scott Reid
Title
Treasurer
Signed
2022-05-05
Discuss with paid preparer
Yes

Organization Details

Formed
1967
Legal Domicile
Ny
Voting Board Members
20
Independent Board Members
20
Employees
4
Volunteers
75

Preparer

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

Additional Explanations

Amended Explanation

Amended to report correct numbers.

Financial Statement Notes

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.

Part V, Line 4: Intended uses of the endowment fund.

The organization's endowment consists of one (1) fund established for a variety of purposes. Its endowment includes funds designated by the board to function as endowments. As required by accounting principals generally accepted in the united states of america (gaap), net assets associated with endowment funds, including funds designated by the board to function as endowments, are classified and reported based on the existance or absence of donor-imposed restrictions.

Part X : FIN48 Footnote

The Organization qualifies as a public charity under Section 501(c)(3) of the Internal Revenue Code and therefore, is exempt from federal and state income taxes on exempt function income. Consequently, no provision for income taxes has been made in the accompanying financial statements.The Organization did not recognize any liability for uncertain tax positions as defined by accounting principles generally accepted in the United States of America.The federal tax return of the Organization for the year ended December 31, 2019 is subject to examination by the Internal Revenue Service, generally for three years after it is filed.

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IRS990/Form990PartVIISectionAGrp/PersonNm5Henry L Ferguson III
IRS990/Form990PartVIISectionAGrp/PersonNm6Marion Ferguson Briggs
IRS990/Form990PartVIISectionAGrp/PersonNm7Barry Bryan
IRS990/Form990PartVIISectionAGrp/PersonNm8Heather F Burnham
IRS990/Form990PartVIISectionAGrp/PersonNm9Carrie Coolidge
IRS990/Form990PartVIISectionAGrp/PersonNm10Jeffrey Edwards
IRS990/Form990PartVIISectionAGrp/PersonNm11Ken Edwards Sr
IRS990/Form990PartVIISectionAGrp/PersonNm12Audrey Ludemann
IRS990/Form990PartVIISectionAGrp/PersonNm13Steve Malinowski
IRS990/Form990PartVIISectionAGrp/PersonNm14Terry McNamara
IRS990/Form990PartVIISectionAGrp/PersonNm15Wendy O'Neil
IRS990/Form990PartVIISectionAGrp/PersonNm16Thomas Parker
IRS990/Form990PartVIISectionAGrp/PersonNm17Megan Bohlen Raymond
IRS990/Form990PartVIISectionAGrp/PersonNm18Barbara C Riegel
IRS990/Form990PartVIISectionAGrp/PersonNm19Eugenie Trevor
IRS990/Form990PartVIISectionAGrp/PersonNm20Alice Cary Brown
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt3V. Pres - Land
IRS990/Form990PartVIISectionAGrp/TitleTxt4Treasurer
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/TitleTxt11Board Member
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/TitleTxt18Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt19Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt20Board Member
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IRS990/GrossReceiptsAmt0830495
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IRS990/MembersOrStockholdersInd0false
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IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt02053
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IRS990/PriorPeriodAdjustmentsAmt0-36880
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IRS990/ProgSrvcAccomActy2Grp/Desc0MAINTAIN NATURE TRAILS IN THE MUSEUM'S SEVERAL SANCTUARY PROPERTIES FOR THE PROTECTION AND CONSERVATION OF NATURE AND WILDLIFE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt043407
IRS990/ProhibitedTaxShelterTransInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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