AMAGANSETT HISTORICAL ASSOCIATION

EIN: 116036242 501(c)(3)

AMAGANSETT, NY

Total Revenue
$482,906
Total Expenses
$83,782
Total Assets
$1,082,338
Net Assets
$1,082,338
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1964
Legal Domicile
NY
Principal Officer
PETER GARNHAM
Phone
6312673020
Tax Period
2024-04-01 to 2025-03-31

AMAGANSETT HISTORICAL ASSOCIATION, founded in 1964, is a small nonprofit that reported $483K in total revenue in fiscal year 2024. Revenue surged 513% from the prior year, signaling strong growth momentum. The organization ran a surplus of $399K, a strong 83% operating margin.

Mission

THE AMAGANSETT HISTORICAL ASSOCIATION IS DEDICATED TO PRESERVING THE CULTURAL HERITAGE OF THE HAMLET OF AMAGANSETT - FOUNDED IN 1680, FOR THE BENEFIT OF THE LOCAL COMMUNITY, SCHOLARS AND STUDENTS, AND THE GENERAL PUBLIC THAT VISITS THE AREA.

Program Service Accomplishments

Program 1
Expenses: $72,411

MAINTENANCE AND PRESERVATION OF THE HISTORICAL BUILDINGS AND WORKS IN THE VILLAGE OF AMAGANSETT.

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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 $467,710
Program Service Revenue $14,367
Investment Income $821
Other Revenue $8
TOTAL REVENUE $482,906

Expense Breakdown

Grants Paid $0
Salaries & Benefits $12,000
Fundraising Expenses $0
Program Expenses $72,411
Other Expenses $71,782
TOTAL EXPENSES $83,782

Year-over-Year Comparison

2024 2023 Change
Revenue $482,906 $78,777 +5.1%
Expenses $83,782 $78,747 +0.1%
Net Income $399,124 $30 +13303.1%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
6
Employees
N/A
Volunteers
1

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
3
$12,000
Total Directors
7
$12,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PETER GARNHAM PRESIDENT 10.00
Officer Director
$12,000 $0 $12,000
JOHN COURTNEY TREASURER 2.00
Officer Director
$0 $0 $0
ROBERTA ELINS DINKES SECRETARY 2.00
Officer Director
$0 $0 $0
ROBERT MOSS TRUSTEE 1.00
Director
$0 $0 $0
THOMAS THORSEN TRUSTEE 1.00
Director
$0 $0 $0
JOAN TULP TRUSTEE 1.00
Director
$0 $0 $0
GREG ZWIRKO TRUSTEE 1.00
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 $482,906 $83,782 $1,082,338 $399,124
2024 $78,777 $78,747 $683,582 $30
2023 $81,292 $59,680 $681,831 $21,612
2022 $86,740 $75,715 $661,405 $11,025
2021 $71,391 $70,802 $649,119 $589
2020 $70,276 $76,937 $645,427 $-6,661
2019 $53,596 $73,162 $655,175 $-19,566
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