WASHINGTON COUNTY HISTORICAL SOCIETY INC

EIN: 526047982 501(c)(3) Arts, Culture & Humanities

HAGERSTOWN, MD

Total Revenue
$231,361
Total Expenses
$219,016
Total Assets
$4,346,356
Net Assets
$4,342,513
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1912
Legal Domicile
MD
Principal Officer
MARY D MYERS PHD
Phone
3017978782
Tax Period
2023-07-01 to 2024-06-30

WASHINGTON COUNTY HISTORICAL SOCIETY INC, founded in 1912, is a small nonprofit in the Arts, Culture & Humanities sector that reported $231K in total revenue in fiscal year 2023. Revenue surged 46% from the prior year, signaling strong growth momentum. Expenses of $219K left a modest 5% surplus.

Mission

THE ORGANIZATION IS CHARGED WITH FOSTERING AN INTEREST IN THE HISTORY OF WASHINGTON COUNTY, MARYLAND AND THE VICINITY.

Program Service Accomplishments

Program 1
Expenses: $130,914 Revenue: $40,441

THE ORGANIZATION IS CHARGED WITH FOSTERING AN INTEREST IN THE HISTORY OF WASHINGTON COUNTY AND THE VICINITY, PROVIDE A PLACE FOR RESEARCH, AND PRESERVE RECORDS AND OTHER OBJECTS AS MAY BE DONATED BY...

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THE ORGANIZATION IS CHARGED WITH FOSTERING AN INTEREST IN THE HISTORY OF WASHINGTON COUNTY AND THE VICINITY, PROVIDE A PLACE FOR RESEARCH, AND PRESERVE RECORDS AND OTHER OBJECTS AS MAY BE DONATED BY THE PUBLIC.

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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 $134,153
Program Service Revenue $40,441
Investment Income $56,611
Other Revenue $156
TOTAL REVENUE $231,361

Expense Breakdown

Grants Paid $0
Salaries & Benefits $133,832
Fundraising Expenses $40,868
Program Expenses $130,914
Other Expenses $85,184
TOTAL EXPENSES $219,016

Year-over-Year Comparison

2023 2022 Change
Revenue $231,361 $158,556 +0.5%
Expenses $219,016 $204,549 +0.1%
Net Income $12,345 $-45,993 -1.3%
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
15
Independent Members
15
Employees
5
Volunteers
17

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
7
$30,601
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREW STOUT EXECUTIVE DI 40.00
Officer
$27,045 $3,556 $30,601
DR PAULA S REED CO-PRESIDENT 2.00
Officer Director
$0 $0 $0
JAMES CLEMENT CO-PRESIDENT 2.00
Officer Director
$0 $0 $0
STEVE BROOKS CO-VICE PRES 2.00
Officer Director
$0 $0 $0
LAURA LANE-UNSWORTH CO-VICE PRES 2.00
Officer Director
$0 $0 $0
COLLEEN STONE SECRETARY 2.00
Officer Director
$0 $0 $0
MARY D MYERS PHD TREASURER 2.00
Officer Director
$0 $0 $0
JOHN BARR DIRECTOR 2.00
Director
$0 $0 $0
COLLEEN RAFFERTY DIRECTOR 2.00
Director
$0 $0 $0
JASON MALOTT DIRECTOR 2.00
Director
$0 $0 $0
SANDY ANDREWS DIRECTOR 2.00
Director
$0 $0 $0
KATHYRN GRATTON DIRECTOR 2.00
Director
$0 $0 $0
ALEXANDRA CINCINNATI DIRECTOR 2.00
Director
$0 $0 $0
STEVE HUMMEL DIRECTOR 2.00
Director
$0 $0 $0
RUSSELL HODGE DIRECTOR 2.00
Director
$0 $0 $0
NICK MOHAR-SCHURZ DIRECTOR 2.00
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 $231,361 $219,016 $4,346,356 $12,345
2023 $158,556 $204,549 $4,324,504 $-45,993
2022 $255,129 $215,489 $4,342,122 $39,640
2021 $307,994 $187,863 $4,422,632 $120,131
2020 $218,573 $165,258 $4,170,076 $53,315
2019 $139,277 $221,212 $4,130,022 $-81,935
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