HUDSON LIBRARY & HISTORICAL SOCIETY

EIN: 346007227 501(c)(3) Arts, Culture & Humanities

HUDSON, OH

Total Revenue
$4,940,178
Total Expenses
$4,735,999
Total Assets
$8,952,867
Net Assets
$8,952,867
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1910
Legal Domicile
OH
Principal Officer
Leslie Polott
Phone
3309847370
Tax Period
2025-01-01 to 2025-12-31

HUDSON LIBRARY & HISTORICAL SOCIETY, founded in 1910, is a community nonprofit in the Arts, Culture & Humanities sector that reported $4.9M in total revenue in fiscal year 2025. Expenses of $4.7M left a modest 4% surplus.

Mission

The Hudson Library and Historical Society known for its commitment to intellectual freedom shall meet its patrons needs in a timely responsive and dependable manner. The Hudson Library and Historical Society will provide access to information assist in the preservation of community history and provide genealogical and historical resources.

Program Service Accomplishments

Program 1
Expenses: $2,387,630 Revenue: $0

Hudson Library and Historical Society is a community lending library and its primary service is the maintenance and addition of resources for the use of its service population. Resources include...

Read more

Hudson Library and Historical Society is a community lending library and its primary service is the maintenance and addition of resources for the use of its service population. Resources include books DVDs CDs audiobooks computer classes databases electronic devices and periodicals. The library provides computers study rooms meeting rooms and general areas of research. The Hudson Library and Historical Societys holdings include 250,000 items. The building is 55,000 square feet with the area divided into children adult archives teen and popular libraries. The library circulated almost 1,100,000 items in 2024. The library also provides notary services to patrons.

Program 2
Expenses: $1,146,026 Revenue: $0

During the year the Hudson Library and Historical Society gives or hosts many programs of interest to the community. Award-winning authors come and give book talks and there are musical and...

Read more

During the year the Hudson Library and Historical Society gives or hosts many programs of interest to the community. Award-winning authors come and give book talks and there are musical and theatrical performances almost weekly. The Childrens department has story hours of reading skills Kindermusik of the awareness of the arts and animal bubble and music shows for entertainment. The library provides many programs dedicated to entrepreneurial and business studies. In 2025 the library over 1,200 programs mostly virtual with over 44,800 in total attendance.

Program 3
Expenses: $181,060 Revenue: $0

The Historical Society division of the library focuses on local history and genealogical research. The archives hold artifacts related to Hudsons history and house records from community groups...

Read more

The Historical Society division of the library focuses on local history and genealogical research. The archives hold artifacts related to Hudsons history and house records from community groups. Database microform and print materials help patrons research local ancestors. A full-time archivist manages collections aids in research and provides classes and instruction.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $4,592,820
Program Service Revenue $0
Investment Income $320,668
Other Revenue $26,690
TOTAL REVENUE $4,940,178

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,601,338
Fundraising Expenses $0
Program Expenses $3,714,716
Other Expenses $2,134,661
TOTAL EXPENSES $4,735,999

Year-over-Year Comparison

2025 2024 Change
Revenue $4,940,178 $5,079,570 0.0%
Expenses $4,735,999 $4,528,527 +0.0%
Net Income $204,179 $551,043 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
9
Independent Members
9
Employees
78
Volunteers
50

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
0
$0
Total Directors
9
$0
Key Employees
2
$374,192
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Molly Pandelli Fiscal Officer 38.00
Key Emp
$99,964 $49,118 $149,082
Basil Musnuff Board President 5.00
Director
$0 $0 $0
Beverly Dorson Board Trustee 5.00
Director
$0 $0 $0
Courtney Cahoon White Board Trustee 5.00
Director
$0 $0 $0
Maggie Mooney Board Trustee 5.00
Director
$0 $0 $0
John Rydquist Board Trustee 5.00
Director
$0 $0 $0
Robert Swedenborg Board Trustee 5.00
Director
$0 $0 $0
Woodrow Ban Board Trustee 5.00
Director
$0 $0 $0
Carleen Welch Board Vice President 5.00
Director
$0 $0 $0
E Leslie Kanter Polott Executive Director 38.00
Key Emp
$180,804 $44,306 $225,110
Samuel Barnett Board Trustee 5.00
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 $4,940,178 $4,735,999 $8,952,867 $204,179
2024 No data No data No data No data
2023 $5,029,219 $4,383,007 $8,197,645 $646,212
2022 $4,693,628 $3,773,207 $7,551,433 $920,421
2021 $4,349,236 $3,686,943 $6,631,012 $662,293
2020 $4,810,033 $3,627,365 $5,968,719 $1,182,668
Explore More Nonprofits
Top 100 Nonprofits in Ohio Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare HUDSON LIBRARY & HISTORICAL SOCIETY with other nonprofits in Ohio and across the country.