WESTPORT HISTORICAL SOCIETY INC

EIN: 237270158 501(c)(3)

WESTPORT, MA

Total Revenue
$436,443
Total Expenses
$194,668
Total Assets
$1,379,047
Net Assets
$1,377,287
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1965
Legal Domicile
MA
Principal Officer
JENNY O'NEILL
Phone
5086366011
Tax Period
2023-10-01 to 2024-09-30

WESTPORT HISTORICAL SOCIETY INC, founded in 1965, is a small nonprofit that reported $436K in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $242K, a strong 55% operating margin.

Mission

THE ORGANIZATION'S MISSION IS TO EDUCATE AND CONNECT THE RESIDENTS OF THE AREA TO THEIR HERITAGE THROUGH PUBLIC PROGRAMS, EXHIBITS, PUBLICATIONS AND RESEARCH AND TO COLLECT, PRESERVE AND DOCUMENT THE MATERIAL CULTURE OF WESTPORT, MASSACHUSETTS. THE ORGANIZATION OWNS AND IS RESPONSIBLE FOR THE HISTORIC PRESERVATION OF THE BELL SCHOOL HOUSE AND HANDY HOUSE LOCATED IN WESTPORT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $336,018
Program Service Revenue $420
Investment Income $70,828
Other Revenue $29,177
TOTAL REVENUE $436,443

Expense Breakdown

Grants Paid $1,000
Salaries & Benefits $80,096
Fundraising Expenses $1,635
Program Expenses $72,526
Other Expenses $113,572
TOTAL EXPENSES $194,668

Year-over-Year Comparison

2023 2022 Change
Revenue $436,443 $354,386 +0.2%
Expenses $194,668 $153,256 +0.3%
Net Income $241,775 $201,130 +0.2%
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
10
Independent Members
10
Employees
3
Volunteers
90

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
$64,640
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALBERT LEES PRESIDENT AND TREASURER (MAY 2024-PRESENT) 1.00
Officer Director
$0 $0 $0
YVONNE BARR VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
CINDY BROWN TREASURER (UNTIL APRIL 2024) 1.00
Officer Director
$0 $0 $0
POO WHITE CLERK 1.00
Officer Director
$0 $0 $0
EMILY HOEFFEL MEMBER 1.00
Director
$0 $0 $0
SEAN LEACH MEMBER 1.00
Director
$0 $0 $0
KATRINA STROZIK MEMBER 1.00
Director
$0 $0 $0
SAM MANLEY MEMBER 1.00
Director
$0 $0 $0
LAURA RAPOSA MEMBER 1.00
Director
$0 $0 $0
STEVE FLETCHER MEMBER 1.00
Director
$0 $0 $0
JENNY O'NEILL EXECUTIVE DIRECTOR 40.00
Officer
$62,390 $2,250 $64,640
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 $436,443 $194,668 $1,379,047 $241,775
2023 $354,386 $153,256 $1,148,033 $201,130
2022 $319,337 $172,118 $905,627 $147,219
2021 $395,477 $156,434 $1,184,006 $239,043
2020 $293,422 $137,764 $974,716 $155,658
2019 $427,239 $146,040 $949,088 $281,199
2018 $202,403 $128,085 $664,749 $74,318
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