THE HISTORICAL SOCIETY OF PALM BEACH COUNTY INC

EIN: 596158821 501(c)(3) Arts, Culture & Humanities

WEST PALM BEACH, FL

Total Revenue
$1,911,243
Total Expenses
$1,803,049
Total Assets
$5,359,089
Net Assets
$5,234,096
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Financial Trends

Organization Details

Formation Year
1937
Legal Domicile
FL
Phone
5618324164
Tax Period
2024-07-01 to 2025-06-30

THE HISTORICAL SOCIETY OF PALM BEACH COUNTY INC, founded in 1937, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.9M in total revenue in fiscal year 2024. Expenses of $1.8M left a modest 6% surplus.

Mission

THE SOCIETY'S PRIMARY FOCUS IS TO STIMULATE PUBLIC APPRECIATION FOR THE RICH HISTORY AND CULTURAL HERITAGE OF PALM BEACH COUNTY, TO OPERATE THE RICHARD AND PAT JOHNSON PALM BEACH COUNTY HISTORY MUSEUM, TO PERFORM RESEARCH, AND TO DISCOVER, COLLECT AND PRESERVE BOOKS, DOCUMENTS, PICTURES, WORKS OF ART, OBJECTS AND OTHER ORIGINAL SOURCE MATERIAL ON FLORIDA HISTORY AND TO MAKE AVAILABLE SUCH WORKS TO ITS MEMBERS AND TO THE PUBLIC FOR EDUCATIONAL PURPOSES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,418,789
Program Service Revenue $364,576
Investment Income $102,143
Other Revenue $25,735
TOTAL REVENUE $1,911,243

Expense Breakdown

Grants Paid $0
Salaries & Benefits $972,857
Fundraising Expenses $77,061
Program Expenses $1,513,865
Other Expenses $830,192
TOTAL EXPENSES $1,803,049

Year-over-Year Comparison

2024 2023 Change
Revenue $1,911,243 $1,873,732 +0.0%
Expenses $1,803,049 $1,791,761 +0.0%
Net Income $108,194 $81,971 +0.3%
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
22
Independent Members
22
Employees
11
Volunteers
41

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
6
$362,464
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD S JOHNSON JR BOARD CHAIR 4.00
Officer Director
$0 $0 $0
JEFFREY ALDERTON FIRST VICE CHAIR 4.00
Officer Director
$0 $0 $0
PENNY MURPHY SECRETARY 4.00
Officer Director
$0 $0 $0
THOMAS BURNS TREASURER 4.00
Officer Director
$0 $0 $0
JOHN P ARCHER BOARD GOVERNOR 2.00
Director
$0 $0 $0
LAUREL BAKER BOARD GOVERNOR 2.00
Director
$0 $0 $0
HAMPTON BEEBE BOARD GOVERNOR 2.00
Director
$0 $0 $0
BILL BONE BOARD GOVERNOR 2.00
Director
$0 $0 $0
CHERYL BURKHARDT BOARD GOVERNOR 2.00
Director
$0 $0 $0
JOSEPH CHASE BOARD GOVERNOR 2.00
Director
$0 $0 $0
GEORGE L FORD III BOARD GOVERNOR 2.00
Director
$0 $0 $0
ALEX GRISWOLD BOARD GOVERNOR 2.00
Director
$0 $0 $0
DANIEL HOSTETTLER BOARD GOVERNOR 2.00
Director
$0 $0 $0
SCOTT JOHNSON BOARD GOVERNOR 2.00
Director
$0 $0 $0
STACEY LEULIETTE BOARD GOVERNOR 2.00
Director
$0 $0 $0
HARRIS LEVITT BOARD GOVERNOR 2.00
Director
$0 $0 $0
STEPHEN RICHMAN BOARD GOVERNOR 2.00
Director
$0 $0 $0
ANDREW SCIAME BOARD GOVERNOR 2.00
Director
$0 $0 $0
MARICELLA TORRES BOARD GOVERNOR 2.00
Director
$0 $0 $0
MARY WEISS BOARD GOVERNOR 2.00
Director
$0 $0 $0
VERNIQUE WILLIAMS BOARD GOVERNOR 2.00
Director
$0 $0 $0
SARAH WETENHALL BOARD GOVERNOR 2.00
Director
$0 $0 $0
JEREMY JOHNSON CHIEF EXECUTIVE OFFICER 40.00
Officer
$203,161 $13,536 $216,697
TAYLOR MATERIO CHIEF DEVELOPMENT OFFICER 40.00
Officer
$145,767 $0 $145,767
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 $1,911,243 $1,803,049 $5,359,089 $108,194
2024 $1,873,732 $1,791,761 $5,100,437 $81,971
2023 $1,244,421 $1,287,956 $4,818,297 $-43,535
2023 $145,559 $286,869 $4,943,845 $-141,310
2022 $1,257,036 $1,153,882 $4,831,989 $103,154
2021 $899,873 $1,000,970 $4,991,642 $-101,097
2020 $908,296 $1,170,026 $4,622,466 $-261,730
2019 $1,059,586 $1,073,171 $4,863,244 $-13,585
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