Liabilities / Assets
6th percentile
Higher debt load relative to assets than 6% of similar nonprofits.
EIN 16-0800368 • 501(c)3 • Geneva, NY
Profile
Geneva Historical Society is dedicated to engaging diverse audiences in an on-going dialogue about the shared heritage of Geneva, New York and its environs.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
6th percentile
Higher debt load relative to assets than 6% of similar nonprofits.
Liabilities / Revenue
8th percentile
Higher debt load relative to revenue than 8% of similar nonprofits.
Net Margin
85th percentile
Higher net margin than 85% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
57th percentile
Faster asset growth than 57% of similar nonprofits.
Revenue Growth
26th percentile
Faster revenue growth than 26% of similar nonprofits.
Assets
Up$16,403,736
Up $1,118,231 (+7.3%) from 2023
Liabilities
Down$2,041
Down $1,391 (-41%) from 2023
Net Assets
Up$16,401,695
Up $1,119,622 (+7.3%) from 2023
Revenue
Down$1,173,536
Down $47,641 (-3.9%) from 2023
Expenses
Up$715,366
Up $75,135 (+12%) from 2023
Net Income
Down$458,170
Down $122,776 (-21%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
Geneva Historical Society is dedicated to engaging diverse audiences in an on-going dialogue about the shared heritage of Geneva, New York and its environs.
Historic Geneva (Geneva Historical Society) shares and preserves Geneva's stories through crafted educational experiences that engage the community and visitors with its diverse history.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $12,238,916 | $13,207,352 | ▲ $968,436 |
| Land, Buildings, and Equipment, Net | $1,079,261 | $2,172,021 | ▲ $1,092,760 |
| Cash and Non-Interest-Bearing Accounts | $1,820,266 | $871,827 | ▼ $948,439 |
| Savings and Temporary Cash Investments | $147,062 | $143,470 | ▼ $3,592 |
| Other Notes and Loans Receivable, Net | - | $9,066 | - |
| Total Assets | $15,285,505 | $16,403,736 | ▲ $1,118,231 |
| Liabilities | |||
| Other Liabilities | $2,559 | $1,586 | ▼ $973 |
| Deferred Revenue | $500 | $0 | ▼ $500 |
| Accounts Payable and Accrued Expenses | $373 | $455 | ▲ $82 |
| Total Liabilities | $3,432 | $2,041 | ▼ $1,391 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $11,521,760 | $12,569,539 | ▲ $1,047,779 |
| Net Assets Without Donor Restrictions | $3,760,313 | $3,832,156 | ▲ $71,843 |
| Total Net Assets Fund Balance | $15,282,073 | $16,401,695 | ▲ $1,119,622 |
| Total Liabilities and Net Assets / Fund Balance | $15,285,505 | $16,403,736 | ▲ $1,118,231 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $1,960,708 | $894,225 | $2,854,933 |
| Land | $199,216 | - | $199,216 |
| Equipment | $12,097 | $7,269 | $19,366 |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2024 | $20,163,332 | - | ▲ $2,672,678 | $559,245 | $22,276,765 |
| 2023 | $18,183,882 | - | ▲ $2,475,155 | $495,705 | $20,163,332 |
| 2022 | $21,039,311 | $1,000,000 | ▼ $3,399,178 | $456,251 | $18,183,882 |
| 2021 | $18,772,418 | - | ▲ $2,683,937 | $417,044 | $21,039,311 |
| 2020 | $18,648,742 | - | ▲ $537,346 | $413,670 | $18,772,418 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Kerry Lippincott | Executive Director | FT | $55,785 | $20,593 | $76,378 |
| Name | Title |
|---|---|
| Josephine Perry | Immediate Past President |
| Spike Herzig | President |
| Windsor Wade | Trustee (thru 8/24), Vice President |
| Melanie Sage | Vice President (thru 2/24), Trustee |
| Dick Buck | Ex Officio Trustee |
| John Brennan | Ex Officio Trustee |
| Eileen Broyles | Trustee |
| Joyce Toher | Trustee |
| Judy Campbell | Trustee |
| Max Whelan | Trustee |
| Michael Collins | Trustee |
| Frank Capozzi | Trustee (beg. 7/24) |
| Nicole Pilet | Trustee (beg. 7/24) |
| Marilu Segura | Trustee (beg. 8/24) |
| Colleen Purbeck | Trustee (thru 6/24) |
| Susie Flick | Trustee (thru 6/24) |
| Heather Teets | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $368,379 |
| Salaries, Compensation, and Employee Benefits | $346,987 |
| Total Fundraising Expense | $47,553 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $157,658 | $68,023 | $5,702 | $231,383 |
| Occupancy | $109,601 | $71,926 | $156 | $181,683 |
| Depreciation Depletion | $73,502 | $8,167 | - | $81,669 |
| Current Officers, Directors, Trustees, and Key Employees | $25,460 | $25,459 | $25,459 | $76,378 |
| Office Expenses | $27,102 | $8,712 | $1,918 | $37,732 |
| All Other Expenses | $15,037 | $13,669 | $3,058 | $31,764 |
| Payroll Taxes | $18,603 | $9,302 | $3,101 | $31,006 |
| Fees for Services Other | $94 | $13,055 | $5,986 | $19,135 |
| Advertising | $11,477 | $3,184 | $1,735 | $16,396 |
| Pension Plan Contributions | $2,624 | $1,312 | $438 | $4,374 |
| Other Employee Benefits | $3,846 | - | - | $3,846 |
| Total Functional Expenses | $445,004 | $222,809 | $47,553 | $715,366 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $472 |
| Fundraising Gross Income | $0 |
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Funds Held for Others | $1,586 |
“The Audit Committee reviews drafts of the Form 990. Once completed, the Form 990 will be made available electronically to the entire board.”
“The Conflict of Interest Policy is administered and implemented by the Audit Committee. Each trustee and full time employee is required to annually submit a conflict of interest disclosure form. The Executive Director and President jointly monitor proposed business transactions which may have the potential for conflicts of interest and the chair of the Audit Committee is notified if a potential conflict is found. Any trustee or full time employee who believes he or she may have a potential conflict must immediately contact the chair of the Audit Committee. The chair of the Audit Committee determines whether a conflict of interest exists. When a proposed transaction involves a conflict, the conflicted trustee/employee is advised and is required to submit an updated disclosure form. A trustee who has a conflict of interest does not participate in board or committee considerations or determinations on the matter.”
“According to the Historical Society's Personnel Policy, salaries and hourly wages must be approved by the Finance Committee on the recommendation of the Director and Executive Committee. Pay raises will be given on the basis of length of service and merit. Salaries and hourly wages, for the next calendar year, will be reviewed and determined in November of each year and included in the budget to be approved by the Board of Trustees.”
“Governing documents, financial statements, board minutes, and other information are made available upon request.”
“All collection items purchased by or donated to the Historical Society are reported as current expenditures, as required by New York State Board of Regents regulations. Any gain or loss from collection deaccessions, extraordinary expenditures associated with conservation of the collections, and the costs for acquiring new items are shown as operating activities. The Historical Society's policies and New York Board of Regents requirements for chartered museums and historical societies require that proceeds from the sale of deaccessioned items be restricted in a separate fund, to be used only for the acquisition, preservation, protection, or care of collections, and prohibits the proceeds from being used for operating expenses or any purposes other than the acquisition, preservation, protection, or care of collections. The Historical Society does segregate the proceeds of deaccessions and they are used consistently with these requirements.”
“The Historical Society's entire collection consists of approximately 7,000 three-dimensional objects, 2,000 costumes and textiles, 1,300 cubic feet of archival materials and 50,000 photographs. The William Walker Collection is a collection of American furniture and decorative arts from the 18th and 19th centuries. The objects displayed within three historic houses also include 18th and 19th century furnishings and artwork, and a large collection of drain tiles at the Johnston House. The Historical Society achieves its mission by collecting, preserving and exhibiting artifacts which provides a visible and tangible link to Geneva's history. Archival materials and photographs are also available to researchers.”
“The general endowment was established to provide funds in perpetuity for general operating needs of the Historical Society. The William A. Walker Memorial Trust is a fund to support the Geneva Historical Society Walker Collection. The Rose Hill endowments are restricted to providing funds for the operation of Rose Hill Mansion.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 455 |
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| IRS990/ActivityOrMissionDesc | 0 | Historic Geneva (Geneva Historical Society) shares and preserves Geneva's stories through crafted educational experiences that engage the community and visitors with its diverse history. |
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| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 3184 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 11477 |
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| IRS990/CostOfGoodsSoldAmt | 0 | 5237 |
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| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 81669 |
| IRS990/Desc | 0 | The Geneva Historical Society maintains three historic house museums (Geneva History Museum, Rose Hill Mansion and Johnston House) which welcomed 3,602 visitors in 2024. The Historical Society also held 37 educational programs in which 3,799 individuals participated in person or virtually. |
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| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Treasurer |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Vice President (thru 2/24), Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | Trustee (thru 6/24) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | Trustee (thru 6/24) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | Trustee (beg. 7/24) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | Trustee (beg. 7/24) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | Trustee (beg. 8/24) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | Ex Officio Trustee |
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| IRS990ScheduleA/FactsAndCircumstancesTestTxt | 0 | The Geneva Historical Society is a leading cultural institution in Geneva, New York. Founded in 1883, the Historical Society received a provisional charter from the New York Department of Education in 1905 and a permanent charter in 1957. It operates three museums: the Geneva History Museum (which serves as the Historical Society's headquarters), Rose Hill Mansion, and Johnston House. In 2024, 9,409 people toured the Geneva History Museum or Rose Hill Mansion and attended programs in person or virtually. An additional 83,426 people experienced the Historical Society virtually through its website and social media. The Historical Society has over 300 members and receives public support not only from donations but from the local business community, local government bodies, state agencies, and other 501(c)(3) entities.The Historical Society maintains a continuous and bona fide program for soliciting funds from the community. The membership program has been restructured. Instead of annual membership renewal, two support campaigns are held each year. Individuals, businesses, and organizations can give to one campaign or both. Anyone who contributes to a support campaign will be considered a member of the Historical Society. There are multiple fixed levels of support ranging from $15 to $500. In addition, there is an option for people to choose their own donation amount or give monthly. Throughout the year the Historical Society seeks new supporters from the community and visitors to its museums. Along with the support campaigns the Historical Society's other fundraising activities in 2024 were an online auction, three bus trips, a special off-site event, and a Christmas arts and crafts sale. Every year the Historical Society applies for grants through local governments, state agencies, and other 501(c)(3) entities. Support for operating costs and programming initiatives in 2024 came from the following organizations: City and Town of Geneva, Delavan Foundation, ESL Charitable Foundation, JM McDonald Foundation, New York State Council for the Arts, and Wyckoff Family Foundation. Summary of Public Support in 2024 - Grant Funding was $78,119; Support Campaigns was $28,993; Fundraising Activities was $11,134; and Gifts and Donations was $1,265.The Historical Society is governed by a board of trustees, which represents the broad interests of the community. The board consists of nine elected trustees, four officers, and two ex officio trustees. The board meets monthly to review financial reports and hear committee reports. Except for the Executive and Audit committees, non-trustees can and do serve on committees. It is important to note that the Historical Society's principal benefactor, John A. Hutchins, was not represented on the Board, nor has any related person of Mr. Hutchins served on the Board. Mr. Hutchins, who died in 2012, left an $8 million bequest to the Historical Society for an endowment to support Rose Hill Mansion, the childhood home of his grandmother. The Historical Society received the bequest in 2013. Mr. Hutchins' father, Waldo Hutchins Jr, had contributed the funds for the Historical Society's acquisition of Rose Hill in 1965, and established an endowment for it in 1975. The two Hutchins Rose Hill endowments amount to approximately 81% of the Historical Society's $23 million total endowment funds at 2024-year end.The Historical Society provides services for the direct benefit of the public through collections, programs, exhibits, and online content, all of which are designed to appeal to broad and diverse audiences. The Historical Society's collections range from pre-historic Native artifacts to contemporary items. Currently the entire collection consists of approximately 5,700 three-dimensional objects, 3,400 costumes and textiles, 1,000 cubic feet of archival materials and over 20,000 photographs. The William Walker Collection consists of American furniture and decorative arts from the 18th and 19th centuries. The o |
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