Connecticut Explored Inc

EIN: 455404888 501(c)(3) Education

New Britain, CT

Total Revenue
$322,548
Total Expenses
$402,592
Total Assets
$219,789
Net Assets
$166,850
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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
CT
Principal Officer
Katherine Hermes Publisher
Phone
8608322805
Tax Period
2023-09-01 to 2024-08-31

Connecticut Explored Inc, founded in 2012, is a small nonprofit in the Education sector that reported $323K in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. Expenses of $403K exceeded revenue, resulting in a 25% operating deficit.

Mission

To educate the general public about the history and cultural heritage of the State of Connecticut and the role the State and its citizens have played as part of the American experience.

Program Service Accomplishments

Program 1
Expenses: $278,128 Revenue: $165,457

Connecticut Explored, Inc.Form 990-EZ, FYE 8/31/2024Part III, Program Service AccomplishmentsExplanation of program activities and accomplishmentsProgram Accomplishments FY 2023-2024 Four issues of...

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Connecticut Explored, Inc.Form 990-EZ, FYE 8/31/2024Part III, Program Service AccomplishmentsExplanation of program activities and accomplishmentsProgram Accomplishments FY 2023-2024 Four issues of Connecticut Explored, circulation 6,000 per issue Volume 22, Number 1: Winter 2022-24: theme of history in the sky. Articles included the artist Yvonne Jacquette, Indigenous cosmology, barrage balloons and gliders produced for WWII, and astronomy at Wesleyan. Volume 22, Number 2: Spring 2024: theme of historical preservation in the digital age. Stories on various digital projects including the Veterans History Project at CCSU, Newgate Prison, Glastonbury Historical Societys Covid 19 project, and technology like ground penetrating radar more. Volume 22, Number 3: Summer 2024: theme of monuments and memory. Included stories about various monuments, including John Mason, Civil War soldiers and enslaved people, the Soldiers and Sailors Arch, and Gallaudet. Volume 22, Number 4: Fall 2024: theme of history under foot. Included stories about archaeological sites, a mans civil rights marching, the Ball & Socket factory, and nuclear power protests. Grating the Nutmeg, the podcast of Connecticut history, had 19,371 unique downloads in one year and 117,424 total. The staff created new social media pages for the podcast and published 24 semi-monthly episodes on topics including: Revolutionary War Hero Lafayette Makes a Triumphal Return Tour (547); The Hartford Circus Fire Tragedy (602); Sherlock Holmes and William Gillette's Castle (630). Where I Live: Connecticut, a social studies book, e-book, and website for third and fourth graders, published in Fall 2017 and in use by more than 20,000 students. Venture Smiths Colonial Connecticut, a social studies book, e-book, and website for grades 5 8, published in September 2019. Additional education resources for K-12 provided via ctexplored.org/teach and CTHistoryforKids.org.

Program 2

Connecticut Explored receives the benefit of substantial contributed services in producing the quarterly magazine, which are not reflected in the functional expenses reported in Form 990, Part...

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Connecticut Explored receives the benefit of substantial contributed services in producing the quarterly magazine, which are not reflected in the functional expenses reported in Form 990, Part IX.Many of the articles in the magazine are written and photographs reprinted with no compensation or minimal honoraria or rights fees, including the state historian who provides a quarterly column without compensation.

Program 3

Less in-kind services not to be included in functional expenses on Form 990, Part IX.0

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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 $150,520
Program Service Revenue $165,457
Investment Income $6,571
Other Revenue $0
TOTAL REVENUE $322,548

Expense Breakdown

Grants Paid $0
Salaries & Benefits $207,539
Fundraising Expenses $50,702
Program Expenses $278,128
Other Expenses $195,053
TOTAL EXPENSES $402,592

Year-over-Year Comparison

2023 2022 Change
Revenue $322,548 $364,846 -0.1%
Expenses $402,592 $416,118 0.0%
Net Income $-80,044 $-51,272 +0.6%
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
6
Independent Members
6
Employees
6
Volunteers
5

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
$77,000
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kathy Hermes Publisher+ExDir 30.00
Officer
$77,000 $0 $77,000
Darlene Kascak Director 1.00
Director
$0 $0 $0
Edward Spinella to 0923 Treasurer 1.00
Officer Director
$0 $0 $0
Olivia White to 0923 Secretary 2.00
Officer Director
$0 $0 $0
Clarissa Ceglio Director 1.00
Director
$0 $0 $0
Kendall Wiggin President 5.00
Officer Director
$0 $0 $0
Michael Markowicz fr 0923 Treasurer 1.00
Officer Director
$0 $0 $0
Patricia Behre Director 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 No data No data No data No data
2024 $322,548 $402,592 $219,789 $-80,044
2023 $364,846 $416,118 $345,810 $-51,272
2022 $253,394 $259,684 $383,966 $-6,290
2021 $226,985 $190,047 $375,092 $36,938
2019 $207,513 $197,493 $329,538 $10,020
2018 $204,826 $189,705 $304,232 $15,121
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