Civic Intelligence

Westport Historical Society Inc

EIN 23-7402125 • 501(c)3 • Westport, CT

Profile

Inspire holistic discovery of westport history, inclusive of its collective heritage.

25 Avery PlaceWestport, CT 06880

westporthistory.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

33rd percentile

0.01x

Higher debt load relative to assets than 33% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

65th percentile

0.19x

Higher debt load relative to revenue than 65% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

1st percentile

-367%

Higher net margin than 1% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

83rd percentile

$155,315

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 101.4% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

12th percentile

-17%

Faster asset growth than 12% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

6th percentile

-48%

Faster revenue growth than 6% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$2,656,005

Down $527,396 (-17%) from 2023

Liabilities

Down

$28,703

Down $14,150 (-33%) from 2023

Net Assets

Down

$2,627,302

Down $513,246 (-16%) from 2023

Revenue

Down

$153,112

Down $141,400 (-48%) from 2023

Expenses

Up

$714,703

Up $6,385 (+0.9%) from 2023

Net Income

Down

-$561,591

Down $147,785 (-36%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2014: $1,880,257Liabilities 2014: $15,995Net Assets 2014: $1,864,2622014Assets 2015: $1,902,734Liabilities 2015: $43,509Net Assets 2015: $1,859,2252015Assets 2016: $1,872,356Liabilities 2016: $31,642Net Assets 2016: $1,840,7142016Assets 2017: $1,838,636Liabilities 2017: $60,200Net Assets 2017: $1,778,4362017Assets 2018: $1,741,685Liabilities 2018: $6,483Net Assets 2018: $1,735,2022018Assets 2019: $1,652,098Liabilities 2019: $113,927Net Assets 2019: $1,538,1712019Assets 2020: $1,812,356Liabilities 2020: $2,961Net Assets 2020: $1,809,3952020Assets 2021: $1,967,777Liabilities 2021: $56,745Net Assets 2021: $1,911,0322021Assets 2022: $3,557,727Liabilities 2022: $53,005Net Assets 2022: $3,504,7222022Assets 2023: $3,183,401Liabilities 2023: $42,853Net Assets 2023: $3,140,5482023Assets 2024: $2,656,005Liabilities 2024: $28,703Net Assets 2024: $2,627,3022024

Highlighted filing

2024

Assets$2,656,005
Liabilities$28,703
Net Assets$2,627,302

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $302,810Expenses 2014: $313,396Net Income 2014: -$10,5862014Revenue 2015: $330,737Expenses 2015: $318,781Net Income 2015: $11,9562015Revenue 2016: $301,578Expenses 2016: $340,226Net Income 2016: -$38,6482016Revenue 2017: $293,234Expenses 2017: $384,104Net Income 2017: -$90,8702017Revenue 2018: $492,306Expenses 2018: $456,352Net Income 2018: $35,9542018Revenue 2019: $205,436Expenses 2019: $473,705Net Income 2019: -$268,2692019Revenue 2020: $706,030Expenses 2020: $492,244Net Income 2020: $213,7862020Revenue 2021: $479,773Expenses 2021: $492,968Net Income 2021: -$13,1952021Revenue 2022: $2,273,153Expenses 2022: $612,884Net Income 2022: $1,660,2692022Revenue 2023: $294,512Expenses 2023: $708,318Net Income 2023: -$413,8062023Revenue 2024: $153,112Expenses 2024: $714,703Net Income 2024: -$561,5912024

Highlighted filing

2024

Revenue$153,112
Expenses$714,703
Net Income-$561,591

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.0
Gross Receipts
$162,996
Mission and Program Overview

Mission

Inspire holistic discovery of westport history, inclusive of its collective heritage.

Inspire holistic discovery of westport history, inclusive of its collective heritage

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,941,449$2,073,889▲ $132,440
Investments Other Securities$420,534$479,921▲ $59,387
Cash and Non-Interest-Bearing Accounts$580,710$74,424▼ $506,286
Inventories for Sale or Use$23,279$23,693▲ $414
Prepaid Expenses and Deferred Charges$1,558$4,078▲ $2,520
Total Assets$3,183,401$2,656,005▼ $527,396
Other Assets Total$215,871--
Liabilities
Accounts Payable and Accrued Expenses$42,853$28,703▼ $14,150
Total Liabilities$42,853$28,703▼ $14,150
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,435,153$1,511,629▲ $76,476
Net Assets With Donor Restrictions$1,705,395$1,115,673▼ $589,722
Total Net Assets Fund Balance$3,140,548$2,627,302▼ $513,246
Total Liabilities and Net Assets / Fund Balance$3,183,401$2,656,005▼ $527,396

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,946,544$1,123,940$3,070,484
Equipment$20,401$175,145$195,546
Land$106,944-$106,944
Other Securities$479,921--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ramin GaneshramExecutive DiFT$155,315$155,315
Ramin GaneshramExecutive Director-$155,315$155,315

Board Members and Trustees

NameTitle
Greg PorrettaBoard Chairm
Catherine LewisDirector
Christina TorresSecretary
Dannell LyneTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$96,233
Program Service Revenue
$32,416
Investment Income
$22,975
Other Revenue
$1,488
All Other Contributions
$33,945
Change in Net Assets
$-561,591
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$363,652
Salaries, Compensation, and Employee Benefits$351,051
Total Fundraising Expense$91,098
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$101,327$50,664$16,888$168,879
Current Officers, Directors, Trustees, and Key Employees$93,190$46,594$15,531$155,315
Depreciation Depletion$57,485$30,954-$88,439
Occupancy$39,569$20,957$1,896$62,422
Fees for Services Accounting-$44,866-$44,866
Payroll Taxes$16,114$8,057$2,686$26,857
Office Expenses$60$26,622-$26,682
Information Technology$10,526$5,263$1,754$17,543
Insurance$9,835$4,917$1,639$16,391
Other Expenses$5,845$2,923$974$9,742
Advertising-$6,371$2,730$9,101
Fees for Services Other-$1,129-$1,129
Fees for Service Investment Mgmnt Fees-$1,000-$1,000
Total Functional Expenses$367,901$255,704$91,098$714,703
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$8,704
Fundraising Gross Income$4,448
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
No
Annual disclosure for covered persons
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
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, Page 6, Part VI, Line 11B

A copy of the 990 was provided to the board members for review before it was filed.

Form 990, Page 6, Part VI, Line 12C

The organization regularly reviews contracts and relationships with directors, officers, advisory council members, employees and vendors to assure compliance with its conflict of interest policy.

Form 990, Page 6, Part VI, Line 19

Governing documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Westport Historical Society Inc
EIN
23-7402125
Phone
2032221424
Address
25 AVERY PLACE, WESTPORT, CT 06880
Doing Business As
Westport Museum for History & Cultu

Signing Officer

Name
Ramin Ganeshram
Title
Executive Director
Phone
2032221424
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ramin Ganeshram
Formed
1889
Legal Domicile
Ct
Voting Board Members
4
Independent Board Members
4
Employees
10
Volunteers
28

Preparer

Firm
Mahoney Sabol & Company Llp
Address
180 GLASTONBURY BLVD STE 400, GLASTONBURY, CT 06033-4439
Preparer
Kevin M Harris CPA
Phone
8605412000
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Direct event expenses shown net against revenue 1,488 direct event expenses shown net against revenue -1,488

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IRS990ScheduleA/FactsAndCircumstancesTestTxt0SUPPORTING DOCUMENTATION FOR 10% FACTS AND CIRCUMSTANCES TEST FOR WESTPORT MUSEUM: ORGANIZATION OVERVIEW SINCE ITS FOUNDING IN 1889, THE WESTPORT MUSEUM HAS BEEN A LEADING INSTITUTION DEDICATED TO PRESERVING AND CELEBRATING THE HISTORY OF WESTPORT, CONNECTICUT. THE MUSEUM'S MISSION FOCUSES ON PROMOTING HISTORICAL AWARENESS, ADVANCING THE HUMANITIES, AND CONTRIBUTING TO A MORE JUST SOCIETY THROUGH EDUCATIONAL PROGRAMS, PUBLIC EVENTS, EXHIBITIONS, AND COMMUNITY OUTREACH. OVER THE YEARS, THE MUSEUM HAS GARNERED SIGNIFICANT LOCAL AND REGIONAL SUPPORT FOR ITS EFFORTS, FOSTERING DEEP TIES WITH THE WESTPORT COMMUNITY. EXPLANATION OF HOW WESTPORT MUSEUM MEETS THE 10% FACTS AND CIRCUMSTANCES TEST: THE 10% FACTS AND CIRCUMSTANCES TEST ASSESSES PUBLIC SUPPORT BY LOOKING AT A VARIETY OF FACTORS TO DETERMINE WHETHER THE ORGANIZATION OPERATES IN A WAY THAT JUSTIFIES ITS STATUS AS A PUBLIC CHARITY DESPITE FAILING THE 33 1/3% PUBLIC SUPPORT TEST. TO QUALIFY FOR THIS TEST, A MUSEUM MUST SHOW THAT IT SERVES A BROAD PUBLIC INTEREST AND HAS A SIGNIFICANT LEVEL OF SUPPORT FROM A WIDE VARIETY OF SOURCES. BELOW IS AN EXPLANATION OF HOW THE WESTPORT MUSEUM MEETS THE REQUIREMENTS. 1. DIVERSE AND SUBSTANTIAL SOURCES OF SUPPORT THE WESTPORT MUSEUM HAS A WIDE AND VARIED BASE OF SUPPORT FROM THE COMMUNITY AND BEYOND, INCLUDING CONTRIBUTIONS FROM THE FOLLOWING: DONORS: A LARGE NUMBER OF INDIVIDUAL DONORS CONTRIBUTE AT VARYING LEVELS. THIS INCLUDES BOTH ONE-TIME AND RECURRING DONORS, AS WELL AS MAJOR GIFTS AND ANNUAL FUND CONTRIBUTIONS. GRANT SUPPORT: THE MUSEUM REGULARLY RECEIVES GRANTS FROM GOVERNMENT BODIES (LOCAL, STATE, AND FEDERAL), PRIVATE FOUNDATIONS, AND HUMANITIES ORGANIZATIONS. THESE GRANTS SUPPORT OPERATIONAL COSTS, EXHIBITIONS, AND EDUCATIONAL PROGRAMS. CORPORATE SPONSORSHIPS: PARTNERSHIPS WITH LOCAL BUSINESSES, CORPORATE ENTITIES, AND REGIONAL SPONSORS WHO SUPPORT EXHIBITS, EVENTS, AND EDUCATIONAL INITIATIVES. MEMBERSHIP: A BROAD BASE OF MUSEUM MEMBERS WHO PAY ANNUAL DUES AND PARTICIPATE IN MEMBER EVENTS, ENRICHING THE MUSEUM'S FINANCIAL SUPPORT. EARNED REVENUE: REVENUE GENERATED FROM ADMISSIONS, MUSEUM STORE SALES, EVENT RENTALS, AND SPECIAL PROGRAMS, WHICH CONTRIBUTES A SIGNIFICANT PORTION TO THE OVERALL SUPPORT OF THE MUSEUM. WHILE THE MUSEUM'S PUBLIC SUPPORT MAY NOT MEET THE 33 1/3% THRESHOLD UNDER THE TRADITIONAL TEST, THE VARIETY OF FUNDING SOURCES DEMONSTRATES THAT THE INSTITUTION HAS SUBSTANTIAL ONGOING SUPPORT FROM A BROAD CROSS-SECTION OF SOCIETY. THIS BROAD SUPPORT IS A KEY ELEMENT IN MEETING THE FACTS AND CIRCUMSTANCES TEST. 2. COMMUNITY ENGAGEMENT AND PUBLIC PARTICIPATION THE WESTPORT MUSEUM'S ACTIVITIES ARE DESIGNED TO MEET THE NEEDS OF A DIVERSE PUBLIC AUDIENCE, REFLECTING THE LOCAL COMMUNITY AND BROADER REGIONAL INTERESTS. EVIDENCE OF BROAD COMMUNITY ENGAGEMENT INCLUDES: EDUCATIONAL PROGRAMS: THE MUSEUM PROVIDES A WIDE RANGE OF EDUCATIONAL PROGRAMS, INCLUDING K-12 SCHOOL FIELD TRIPS, ADULT WORKSHOPS, PUBLIC LECTURES, AND HISTORICAL TOURS. THESE PROGRAMS ARE DESIGNED TO BE ACCESSIBLE TO ALL MEMBERS OF THE COMMUNITY, REGARDLESS OF INCOME, BACKGROUND, OR EDUCATIONAL LEVEL. PUBLIC EVENTS: THE MUSEUM ORGANIZES NUMEROUS PUBLIC EVENTS THROUGHOUT THE YEAR, INCLUDING COMMUNITY FESTIVALS, LECTURES BY LOCAL HISTORIANS, THEMATIC EXHIBITIONS, AND MORE. THESE EVENTS OFTEN ATTRACT LARGE AND DIVERSE AUDIENCES FROM THE WESTPORT AREA AND SURROUNDING TOWNS. VOLUNTEER PROGRAM: THE MUSEUM HAS A WELL-ESTABLISHED VOLUNTEER PROGRAM, DRAWING PARTICIPATION FROM COMMUNITY MEMBERS WHO OFFER THEIR TIME, KNOWLEDGE, AND EXPERTISE TO SUPPORT MUSEUM OPERATIONS AND EVENTS. COLLABORATIONS: THE MUSEUM COLLABORATES WITH LOCAL SCHOOLS, UNIVERSITIES, LIBRARIES, CULTURAL INSTITUTIONS, AND COMMUNITY GROUPS TO FURTHER ITS MISSION AND TO FOSTER GREATER PUBLIC INVOLVEMENT. THESE ACTIVITIES UNDERSCORE THE MUSEUM'S ROLE AS AN INTEGRAL COMMUNITY ASSET, WHICH IS SUPPORTED BY THE LOCAL POPULATION AND BEYOND. 3. MISSION-DRIVEN AND PUBLICLY AVAILABLE INFORMATION WESTPORT MUSEUM
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0GIFT SHOP SALES 41,963 EVENT SALES 47,277
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1SUPPORTING DOCUMENTATION FOR 10% FACTS AND CIRCUMSTANCES TEST FOR WESTPORT MUSEUM: ORGANIZATION OVERVIEW SINCE ITS FOUNDING IN 1889, THE WESTPORT MUSEUM HAS BEEN A LEADING INSTITUTION DEDICATED TO PRESERVING AND CELEBRATING THE HISTORY OF WESTPORT, CONNECTICUT. THE MUSEUM'S MISSION FOCUSES ON PROMOTING HISTORICAL AWARENESS, ADVANCING THE HUMANITIES, AND CONTRIBUTING TO A MORE JUST SOCIETY THROUGH EDUCATIONAL PROGRAMS, PUBLIC EVENTS, EXHIBITIONS, AND COMMUNITY OUTREACH. OVER THE YEARS, THE MUSEUM HAS GARNERED SIGNIFICANT LOCAL AND REGIONAL SUPPORT FOR ITS EFFORTS, FOSTERING DEEP TIES WITH THE WESTPORT COMMUNITY. EXPLANATION OF HOW WESTPORT MUSEUM MEETS THE 10% FACTS AND CIRCUMSTANCES TEST: THE 10% FACTS AND CIRCUMSTANCES TEST ASSESSES PUBLIC SUPPORT BY LOOKING AT A VARIETY OF FACTORS TO DETERMINE WHETHER THE ORGANIZATION OPERATES IN A WAY THAT JUSTIFIES ITS STATUS AS A PUBLIC CHARITY DESPITE FAILING THE 33 1/3% PUBLIC SUPPORT TEST. TO QUALIFY FOR THIS TEST, A MUSEUM MUST SHOW THAT IT SERVES A BROAD PUBLIC INTEREST AND HAS A SIGNIFICANT LEVEL OF SUPPORT FROM A WIDE VARIETY OF SOURCES. BELOW IS AN EXPLANATION OF HOW THE WESTPORT MUSEUM MEETS THE REQUIREMENTS. 1. DIVERSE AND SUBSTANTIAL SOURCES OF SUPPORT THE WESTPORT MUSEUM HAS A WIDE AND VARIED BASE OF SUPPORT FROM THE COMMUNITY AND BEYOND, INCLUDING CONTRIBUTIONS FROM THE FOLLOWING: DONORS: A LARGE NUMBER OF INDIVIDUAL DONORS CONTRIBUTE AT VARYING LEVELS. THIS INCLUDES BOTH ONE-TIME AND RECURRING DONORS, AS WELL AS MAJOR GIFTS AND ANNUAL FUND CONTRIBUTIONS. GRANT SUPPORT: THE MUSEUM REGULARLY RECEIVES GRANTS FROM GOVERNMENT BODIES (LOCAL, STATE, AND FEDERAL), PRIVATE FOUNDATIONS, AND HUMANITIES ORGANIZATIONS. THESE GRANTS SUPPORT OPERATIONAL COSTS, EXHIBITIONS, AND EDUCATIONAL PROGRAMS. CORPORATE SPONSORSHIPS: PARTNERSHIPS WITH LOCAL BUSINESSES, CORPORATE ENTITIES, AND REGIONAL SPONSORS WHO SUPPORT EXHIBITS, EVENTS, AND EDUCATIONAL INITIATIVES. MEMBERSHIP: A BROAD BASE OF MUSEUM MEMBERS WHO PAY ANNUAL DUES AND PARTICIPATE IN MEMBER EVENTS, ENRICHING THE MUSEUM'S FINANCIAL SUPPORT. EARNED REVENUE: REVENUE GENERATED FROM ADMISSIONS, MUSEUM STORE SALES, EVENT RENTALS, AND SPECIAL PROGRAMS, WHICH CONTRIBUTES A SIGNIFICANT PORTION TO THE OVERALL SUPPORT OF THE MUSEUM. WHILE THE MUSEUM'S PUBLIC SUPPORT MAY NOT MEET THE 33 1/3% THRESHOLD UNDER THE TRADITIONAL TEST, THE VARIETY OF FUNDING SOURCES DEMONSTRATES THAT THE INSTITUTION HAS SUBSTANTIAL ONGOING SUPPORT FROM A BROAD CROSS-SECTION OF SOCIETY. THIS BROAD SUPPORT IS A KEY ELEMENT IN MEETING THE FACTS AND CIRCUMSTANCES TEST. 2. COMMUNITY ENGAGEMENT AND PUBLIC PARTICIPATION THE WESTPORT MUSEUM'S ACTIVITIES ARE DESIGNED TO MEET THE NEEDS OF A DIVERSE PUBLIC AUDIENCE, REFLECTING THE LOCAL COMMUNITY AND BROADER REGIONAL INTERESTS. EVIDENCE OF BROAD COMMUNITY ENGAGEMENT INCLUDES: EDUCATIONAL PROGRAMS: THE MUSEUM PROVIDES A WIDE RANGE OF EDUCATIONAL PROGRAMS, INCLUDING K-12 SCHOOL FIELD TRIPS, ADULT WORKSHOPS, PUBLIC LECTURES, AND HISTORICAL TOURS. THESE PROGRAMS ARE DESIGNED TO BE ACCESSIBLE TO ALL MEMBERS OF THE COMMUNITY, REGARDLESS OF INCOME, BACKGROUND, OR EDUCATIONAL LEVEL. PUBLIC EVENTS: THE MUSEUM ORGANIZES NUMEROUS PUBLIC EVENTS THROUGHOUT THE YEAR, INCLUDING COMMUNITY FESTIVALS, LECTURES BY LOCAL HISTORIANS, THEMATIC EXHIBITIONS, AND MORE. THESE EVENTS OFTEN ATTRACT LARGE AND DIVERSE AUDIENCES FROM THE WESTPORT AREA AND SURROUNDING TOWNS. VOLUNTEER PROGRAM: THE MUSEUM HAS A WELL-ESTABLISHED VOLUNTEER PROGRAM, DRAWING PARTICIPATION FROM COMMUNITY MEMBERS WHO OFFER THEIR TIME, KNOWLEDGE, AND EXPERTISE TO SUPPORT MUSEUM OPERATIONS AND EVENTS. COLLABORATIONS: THE MUSEUM COLLABORATES WITH LOCAL SCHOOLS, UNIVERSITIES, LIBRARIES, CULTURAL INSTITUTIONS, AND COMMUNITY GROUPS TO FURTHER ITS MISSION AND TO FOSTER GREATER PUBLIC INVOLVEMENT. THESE ACTIVITIES UNDERSCORE THE MUSEUM'S ROLE AS AN INTEGRAL COMMUNITY ASSET, WHICH IS SUPPORTED BY THE LOCAL POPULATION AND BEYOND. 3. MISSION-DRIVEN AND PUBLICLY AVAILABLE INFORMATION WESTPORT MUSEUM
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE 990 WAS PROVIDED TO THE BOARD MEMBERS FOR REVIEW BEFORE IT WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REGULARLY REVIEWS CONTRACTS AND RELATIONSHIPS WITH DIRECTORS, OFFICERS, ADVISORY COUNCIL MEMBERS, EMPLOYEES AND VENDORS TO ASSURE COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DIRECT EVENT EXPENSES SHOWN NET AGAINST REVENUE 1,488 DIRECT EVENT EXPENSES SHOWN NET AGAINST REVENUE -1,488
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