The Milford Historical Society Incorporated

EIN: 066358697 501(c)(3)

Milford, CT

Total Revenue
$264,235
Total Expenses
$137,680
Total Assets
$2,566,868
Net Assets
$2,566,868
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1930
Legal Domicile
CT
Principal Officer
Christopher Bishop
Phone
2038742664
Tax Period
2024-05-01 to 2025-04-30

The Milford Historical Society Incorporated, founded in 1930, is a small nonprofit that reported $264K in total revenue in fiscal year 2024. Revenue surged 119% from the prior year, signaling strong growth momentum. The organization ran a surplus of $127K, a strong 48% operating margin.

Mission

To collect and preserve Milford, Connecticut antiquities and to encourage historical investigation.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $44,759
Program Service Revenue $17,732
Investment Income $201,744
Other Revenue $0
TOTAL REVENUE $264,235

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $121,533
Other Expenses $137,680
TOTAL EXPENSES $137,680

Year-over-Year Comparison

2024 2023 Change
Revenue $264,235 $120,561 +1.2%
Expenses $137,680 $167,347 -0.2%
Net Income $126,555 $-46,786 -3.7%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Christopher Bishop President 1.00
Officer Director
$0 $0 $0
Geoff Viscount Treasurer 1.00
Officer Director
$0 $0 $0
Jenn Lugus Correspondence Secretary 1.00
Officer Director
$0 $0 $0
Helen LaPlant 1st Vice President 1.00
Officer Director
$0 $0 $0
Scott Cameron 2nd Vice President 1.00
Officer Director
$0 $0 $0
Roseanne Hoagland Recording Secretary 1.00
Officer Director
$0 $0 $0
Diane Zarrera Director 0.00
Director
$0 $0 $0
Katie Murphy Director 0.00
Director
$0 $0 $0
Jane Norgren Director 0.00
Director
$0 $0 $0
David Purcell Director 0.00
Director
$0 $0 $0
Marcia Winter Director 0.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $264,235 $137,680 $2,566,868 $126,555
2024 $120,561 $167,347 $2,382,600 $-46,786
2023 $99,169 $66,889 $2,103,182 $32,280
2022 $183,919 $48,283 $2,082,937 $135,636
2021 $1,630,805 $38,790 $2,230,606 $1,592,015
2020 $76,901 $60,930 $532,363 $15,971
2019 $73,915 $95,897 $516,392 $-21,982
2018 $63,543 $54,752 $538,374 $8,791
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