Civic Intelligence

Hammond Museum Inc.

990 • Fiscal year 2015 • EIN 13-6111418

Jan 01, 2015 to Dec 31, 2015 • Filed on Feb 15, 2016

PO Box 326North Salem, NY 10560

(914) 669-5033

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.40x

Higher debt load relative to assets than 83% of similar nonprofits.

2015 filings • NTEE A • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

94th percentile

1.23x

Higher debt load relative to revenue than 94% of similar nonprofits.

2015 filings • NTEE A • $500k-$1M nonprofits • Source year 2015

Net Margin

49th percentile

2.6%

Higher net margin than 49% of similar nonprofits.

2015 filings • NTEE A • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

54th percentile

$16,369

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 7.5% of source-year revenue.

2015 filings • NTEE A • $500k-$1M nonprofits • Source year 2015

Asset Growth

28th percentile

-4.8%

Faster asset growth than 28% of similar nonprofits.

2015 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

59th percentile

10%

Faster revenue growth than 59% of similar nonprofits.

2015 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$670,098

Down $33,948 (-4.8%) from 2014

Net Assets

Up

$401,719

Up $5,608 (+1.4%) from 2014

Liabilities

Down

$268,379

Down $39,556 (-13%) from 2014

Revenue

Up

$218,758

Up $20,375 (+10%) from 2014

Expenses

Up

$213,150

Up $20,866 (+11%) from 2014

Net Income

Down

$5,608

Down $491 (-8.1%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $822,992Liabilities 2011: $348,431Net Assets 2011: $474,5612011Assets 2012: $771,914Liabilities 2012: $313,728Net Assets 2012: $458,1862012Assets 2013: $720,707Liabilities 2013: $330,695Net Assets 2013: $390,0122013Assets 2014: $704,046Liabilities 2014: $307,935Net Assets 2014: $396,1112014Assets 2015: $670,098Liabilities 2015: $268,379Net Assets 2015: $401,7192015Assets 2016: $649,576Liabilities 2016: $246,491Net Assets 2016: $403,0852016Assets 2017: $644,175Liabilities 2017: $227,243Net Assets 2017: $416,9322017Assets 2018: $684,813Liabilities 2018: $217,575Net Assets 2018: $467,2382018Assets 2019: $673,035Liabilities 2019: $200,279Net Assets 2019: $472,7562019Assets 2020: $697,694Liabilities 2020: $182,406Net Assets 2020: $515,2882020Assets 2021: $714,570Liabilities 2021: $166,223Net Assets 2021: $548,3472021Assets 2022: $628,861Liabilities 2022: $143,959Net Assets 2022: $484,9022022Assets 2023: $659,260Liabilities 2023: $128,194Net Assets 2023: $531,0662023Assets 2024: $1,072,907Liabilities 2024: $109,120Net Assets 2024: $963,7872024

Highlighted filing

2015

Assets$670,098
Liabilities$268,379
Net Assets$401,719

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $251,0012011Expenses 2012: $223,4692012Revenue 2013: $166,380Expenses 2013: $234,554Net Income 2013: -$68,1742013Revenue 2014: $198,383Expenses 2014: $192,284Net Income 2014: $6,0992014Revenue 2015: $218,758Expenses 2015: $213,150Net Income 2015: $5,6082015Revenue 2016: $189,577Expenses 2016: $188,211Net Income 2016: $1,3662016Revenue 2017: $201,803Expenses 2017: $187,956Net Income 2017: $13,8472017Revenue 2018: $246,988Expenses 2018: $196,682Net Income 2018: $50,3062018Revenue 2019: $199,557Expenses 2019: $194,039Net Income 2019: $5,5182019Revenue 2020: $210,976Expenses 2020: $168,444Net Income 2020: $42,5322020Revenue 2021: $205,669Expenses 2021: $172,610Net Income 2021: $33,0592021Revenue 2022: $136,902Expenses 2022: $200,347Net Income 2022: -$63,4452022Revenue 2023: $306,436Expenses 2023: $260,272Net Income 2023: $46,1642023Revenue 2024: $774,697Expenses 2024: $341,976Net Income 2024: $432,7212024

Highlighted filing

2015

Revenue$218,758
Expenses$213,150
Net Income$5,608
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Feb 15, 2016
Return Version
2015v2.1
Gross Receipts
$218,758
Mission and Program Overview

Mission

MUSEUM OF THE HUMANITIES To stimulate interest in Eastern and Western artistic traditions through presentation of exhibitions from the museum's collections and through

MUSEUM OF THE HUMANITIES To stimulate interest in Eastern and Western artistic traditions through presentation of exhibitions from the museum's collections and through loaned shows; through music, dance and theatre, featuring historical and contemporary material.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$657,345$645,509▼ $11,836
Savings and Temporary Cash Investments$13,332$8,310▼ $5,022
Cash and Non-Interest-Bearing Accounts$25,074$6,434▼ $18,640
Accounts Receivable-$5,000-
Inventories for Sale or Use$3,332$1,016▼ $2,316
Total Assets$704,046$670,098▼ $33,948
Other Assets Total$4,963$3,829▼ $1,134
Liabilities
Mortgage Notes Payable Secured by Investment Property$278,287$251,761▼ $26,526
Accounts Payable and Accrued Expenses$29,648$16,618▼ $13,030
Total Liabilities$307,935$268,379▼ $39,556
Net Assets / Fund Balance
Unrestricted Net Assets$396,111$401,719▲ $5,608
Total Net Assets Fund Balance$396,111$401,719▲ $5,608
Total Liabilities and Net Assets / Fund Balance$704,046$670,098▼ $33,948

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$267,532$421,133-
Other Land Buildings$37,593--
Land$248,051--
Equipment$7,980$13,883-
Leasehold Improvements$84,353$173,632-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lorraine LakenDirectorFT$16,369$16,369

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$94,333
Program Service Revenue
$19,224
Investment Income
$8
Other Revenue
$105,193
All Other Contributions
$45,015
Change in Net Assets
$5,608
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$158,247
Salaries, Compensation, and Employee Benefits$54,903
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$84,302$0$0$84,302
Comp Disqual Persons$30,686$0$0$30,686
Insurance$24,707$0$0$24,707
All Other Expenses$22,752$0$0$22,752
Current Officers, Directors, Trustees, and Key Employees$16,369$0$0$16,369
Depreciation Depletion$11,836$0$0$11,836
Office Expenses$10,407$0$0$10,407
Payroll Taxes$7,848$0$0$7,848
Advertising$4,187$0$0$4,187
Fees for Services Legal$56$0$0$56
Total Functional Expenses$213,150$0$0$213,150
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Hammond Museum Inc
EIN
13-6111418
Phone
9146695033
Address
PO BOX 326, NORTH SALEM, NY 10560

Signing Officer

Name
Lorraine E Laken
Title
Director
Phone
9146695033
Signed
2016-02-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lorraine Laken
Formed
1957
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
8
Employees
6
Volunteers
10

Preparer

Firm
Lawrence a Silver CPA Pc
Address
132 E 35th St 12F, New York, NY 10016
Preparer
Lawrence a Silver
Phone
2126890340
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

All members of governing body have access to form 990

Form 990EZ, Part I, Line 8

CATERING ROYALTIES

Form 990EZ, Part I, Line 8

FUNDRAISING

Form 990EZ, Part I, Line 8

GIFT SHOP

Form 990EZ, Part I, Line 8

MUSEUM ADMISSIONS

Form 990EZ, Part I, Line 8

RENTAL INCOME

Form 990EZ, Part I, Line 16

ADVERTISING & PROMOTIONS

Form 990EZ, Part I, Line 16

DUES & SUBSCRIPTIONS

Form 990EZ, Part I, Line 16

EXHIBITION EXPENSES

Form 990EZ, Part I, Line 16

FUNDRAISING

Form 990EZ, Part I, Line 16

INSURANCE

Form 990EZ, Part I, Line 16

OFFICE EXPENSES

Form 990EZ, Part I, Line 16

PROGRAM EXPENSES

Form 990EZ, Part I, Line 16

TELEPHONE

Form 990EZ, Part I, Line 16

Volunteer & staff expenses

Form 990EZ, Part II, Line 24

ACCOUNTS RECEIVABLES

Form 990EZ, Part II, Line 24

INVENTORIES

Form 990EZ, Part II, Line 24

Prepaid mortgage closing fees

Form 990EZ, Part II, Line 26

Accounts Payable & Accrued Expenses

Form 990EZ, Part II, Line 26

Deferred Revenue

Form 990EZ, Part II, Line 26

Bonds, Mortgages & Other Notes

Form 990EZ, Part II, Line 26

SECURITY DEPOSITS

Form 990, Part IX, Line 24E

Dues & subscriptions 675. 675. 0. 0.

Form 990, Part IX, Line 24E

Exhibit sales 2064. 2064. 0. 0.

Form 990, Part IX, Line 24E

Exhibition expenses 573. 573. 0. 0.

Form 990, Part IX, Line 24E

Fundraising expenses 3146. 3146. 0. 0.

Form 990, Part IX, Line 24E

Postage and printing expense 2203. 2203. 0. 0.

Form 990, Part IX, Line 24E

Program expenses 10329. 10329. 0. 0.

Form 990, Part IX, Line 24E

Telephone 3762. 3762. 0. 0.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL MEMBERS OF GOVERNING BODY HAVE ACCESS TO FORM 990
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CATERING ROYALTIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GIFT SHOP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MUSEUM ADMISSIONS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5RENTAL INCOME
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ADVERTISING & PROMOTIONS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DUES & SUBSCRIPTIONS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8EXHIBITION EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9FUNDRAISING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10INSURANCE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11OFFICE EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12PROGRAM EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13TELEPHONE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14VOLUNTEER & STAFF EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15ACCOUNTS RECEIVABLES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16INVENTORIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17PREPAID MORTGAGE CLOSING FEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18Accounts Payable & Accrued Expenses
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19Deferred Revenue
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20Bonds, Mortgages & Other Notes
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21SECURITY DEPOSITS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22DUES & SUBSCRIPTIONS 675. 675. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt23EXHIBIT SALES 2064. 2064. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt24EXHIBITION EXPENSES 573. 573. 0. 0.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 8
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc21Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc22Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc23Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc24Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc25Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc26Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc27Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc28Form 990, Part IX, Line 24e
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0218758
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IRS990/USAddress/AddressLine1Txt0PO BOX 326
IRS990/USAddress/CityNm0NORTH SALEM
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010560
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IRS990/WebsiteAddressTxt0http://www.hammondmuseum.org/index.html
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-12-15 16:53:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LORRAINE E LAKEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09146695033
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-02-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HAMMOND MUSEUM INC

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.07$0.11$0.96$0.77$0.34$0.43
2023Detailed filing. Detailed filing data is available for this year.$0.66$0.13$0.53$0.31$0.26$0.05
2022Detailed filing. Detailed filing data is available for this year.$0.63$0.14$0.48$0.14$0.20$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.71$0.17$0.55$0.21$0.17$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.70$0.18$0.52$0.21$0.17$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.67$0.20$0.47$0.20$0.19$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.68$0.22$0.47$0.25$0.20$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.64$0.23$0.42$0.20$0.19$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.65$0.25$0.40$0.19$0.19$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.67$0.27$0.40$0.22$0.21$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.70$0.31$0.40$0.20$0.19$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.72$0.33$0.39$0.17$0.23$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.31$0.46$0.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.82$0.35$0.47$0.25