MORRIS COUNTY HISTORICAL SOCIETY

EIN: 226035573 501(c)(3) Arts, Culture & Humanities

MORRISTOWN, NJ

Total Revenue
$361,784
Total Expenses
$412,162
Total Assets
$2,723,506
Net Assets
$2,722,577
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Financial Trends

Organization Details

Formation Year
1946
Legal Domicile
NJ
Principal Officer
AMY E CURRY
Phone
9732673465
Tax Period
2023-01-01 to 2023-12-31

MORRIS COUNTY HISTORICAL SOCIETY, founded in 1946, is a small nonprofit in the Arts, Culture & Humanities sector that reported $362K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $412K exceeded revenue, resulting in a 14% operating deficit.

Mission

THE MISSION OF THE MORRIS COUNTY HISTORICAL SOCIETY, AS THE REPRESENTATIVE OF A COUNTY WITH AN EXCITING AND UNIQUE PLACE IN THE HISTORY OF THE UNITED STATES, IS TO DISCOVER, PRESERVE AND MAKE KNOWN THE HISTORY OF MORRIS COUNTY THROUGH EXHIBITS, PROGRAMS, PUBLICATIONS, AND PRESERVATION ADVOCACY.

Program Service Accomplishments

Program 1
Expenses: $331,632 Revenue: $4,278

THE SOCIETY PRESERVES AND PROMOTES MORRIS COUNTY HISTORY BY ACTIVELY COLLECTING ARTIFACTS, DOCUMENTS, AND PHOTOGRAPHS OF LOCAL HISTORIC SIGNIFICANCE. THE 27,000 OBJECTS IN OUR COLLECTION SERVE AS THE...

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THE SOCIETY PRESERVES AND PROMOTES MORRIS COUNTY HISTORY BY ACTIVELY COLLECTING ARTIFACTS, DOCUMENTS, AND PHOTOGRAPHS OF LOCAL HISTORIC SIGNIFICANCE. THE 27,000 OBJECTS IN OUR COLLECTION SERVE AS THE BASIS FOR ROTATING EXHIBITS, PROGRAMS, LECTURES, BLOGS, RESEARCH REQUESTS, AND LOANS (SHORT-TERM, LONG-TERM, AND PERMANENT) TO OTHER SIMILARLY-MISSIONED ORGANIZATIONS THROUGHOUT MORRIS COUNTY AND NJ. THE SOCIETY'S IN PERSON AND VIRTUAL PUBLIC OFFERINGS ATTRACT VISITORS, ATTENDEES, AND ENGAGEMENTS FROM ACROSS THE UNITED STATES. THE MOST OUTWARDLY APPARENT WAYS THE ORGANIZATION EMBODIES ITS MISSION IS THROUGH THE ACTIVE PRESERVATION, RESTORATION, AND INTERPRETATION OF ACORN HALL (1853), ITS CARRIAGE HOUSE, AND ASSOCIATED 6-ACRE LANDSCAPE ARE. SINCE 1971, WHEN THE ACORN HALL PROPERTY BECAME PART OF THE SOCIETY'S COLLECTION, STAFF AND VOLUNTEERS HAVE PROVIDED TOURS OF THE BUILDING, WHICH IS RECOGNIZED AS ONE OF NJ'S BEST PRESERVED HISTORIC HOUSE MUSEUMS. AS A LEADING HISTORICAL SOCIETY IN NJ, THE SOCIETY SERVES IN A LEADERSHIP CAPACITY COORDINATING, PUBLICIZING, AND SUPPORTING EVENTS, PROGRAMS, AND INITIATIVES WITH ALL OF MORRIS COUNTY'S HISTORY ORGANIZATIONS, LIKE PREPARATIONS FOR THE SEMIQUINCENTENNIAL. THE SOCIETY ALSO WORKS CLOSELY WITH THESE ORGANIZATIONS, AS WELL AS LOCAL COLLEGES, UNIVERSITIES, AND ACADEMIC RESEARCHERS, IN THE COMPLETION OF RESEARCH-DRIVEN, COUNTY-WIDE HISTORY INITIATIVES, LIKE MORRIS COUNTY'S FIRST COUNTY-WIDE SURVEY OF AFRICAN AMERICAN HISTORY & HISTORIC SITES. A MEMBER-SUPPORTED NON-PROFIT, THE SOCIETY REMAINS ONE OF THE FEW HISTORY ORGANIZATIONS IN NJ THAT OWNS ITS HISTORIC RESOURCES AND IS UNSUPPORTED BY ANY GOVERNMENTAL ENTITY, PRIVATE FOUNDATION, OR PARENT ORGANIZATION EXCEPT THROUGH COMPETITIVE GRANTING PROCESSES.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $245,309
Program Service Revenue $5,569
Investment Income $106,903
Other Revenue $4,003
TOTAL REVENUE $361,784

Expense Breakdown

Grants Paid $0
Salaries & Benefits $267,908
Fundraising Expenses $0
Program Expenses $331,632
Other Expenses $144,254
TOTAL EXPENSES $412,162

Year-over-Year Comparison

2023 2022 Change
Revenue $361,784 $319,803 +0.1%
Expenses $412,162 $538,802 -0.2%
Net Income $-50,378 $-218,999 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
7
Volunteers
27

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
5
$87,227
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GAIL BOERTZEL PRESIDENT 2.00
Officer Director
$0 $0 $0
KATHLEEN O MARGIOTTA VICE PRESIDE 2.00
Officer Director
$0 $0 $0
ARIADNE MONFALCONE TREASURER 2.00
Officer Director
$0 $0 $0
CAROLINE KOLB SECRETARY 2.00
Officer Director
$0 $0 $0
RYAN G DAWSON TRUSTEE 1.00
Director
$0 $0 $0
ELIZABETH KOGEN TRUSTEE 1.00
Director
$0 $0 $0
CARYL ANNE MCBRIDE TRUSTEE 1.00
Director
$0 $0 $0
LYNN SHAVELSON TRUSTEE 1.00
Director
$0 $0 $0
STEVEN WEINERMAN TRUSTEE 1.00
Director
$0 $0 $0
AMY E CURRY EXECUTIVE DI 45.00
Officer
$80,342 $6,885 $87,227
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
2024 No data No data No data No data
2023 $361,784 $412,162 $2,723,506 $-50,378
2022 $319,803 $538,802 $2,514,040 $-218,999
2021 $600,867 $707,466 $3,148,487 $-106,599
2020 $691,256 $620,543 $3,067,212 $70,713
2019 $363,126 $461,411 $2,976,673 $-98,285
2018 $526,120 $490,566 $2,825,773 $35,554
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