The Heritage Society

EIN: 741444232 501(c)(3)

Houston, TX

Total Revenue
$1,135,298
Total Expenses
$570,633
Total Assets
$2,062,299
Net Assets
$2,043,232
🔒

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
1954
Legal Domicile
TX
Principal Officer
Jillian Jopling
Phone
7136551912
Tax Period
2023-06-01 to 2024-05-31

The Heritage Society, founded in 1954, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $565K, a strong 50% operating margin.

Mission

The Heritage Society (THS) is a nonprofit organization founded in 1954 whose mission is to tell the stories of the diverse history of Houston and Texas through collections, exhibits, the arts, educational programs, film, video, and other content.

Program Service Accomplishments

Program 1
Expenses: $123,277 Revenue: $47,482

The Heritage Society provides tours of historic buildings that demonstrate how and why people settled in the Houston area, lectures regarding important people and events in Houston's and Texas's...

Read more

The Heritage Society provides tours of historic buildings that demonstrate how and why people settled in the Houston area, lectures regarding important people and events in Houston's and Texas's history, and educational programs for children and families on-site and off-site. Additionally, THS has monthly and quarterly educational programs in the form of guest lecturers speaking about historical events, sites, structures, and people of Houston and Texas.

Program 2
Expenses: $61,854

The Heritage Society cares for and operates historic buildings to demonstrate Houston's and Texas's history and to educate the public about the lifestyles of the area's early residents. Curators work...

Read more

The Heritage Society cares for and operates historic buildings to demonstrate Houston's and Texas's history and to educate the public about the lifestyles of the area's early residents. Curators work diligently to maintain, preserve, and restore historic buildings and collections for the education and enjoyment of the public.The Heritage Society collects and exhibits items relevant to Houston's and Texas's history and must preserve and care for those items. Collection items are exhibited in the historic buildings and Museum Gallery and through rotating exhibitions on- and off-site. (See Schedule O)Heritage Society and the City of Houston entered into an amended and restated Lease Agreement on March 15, 2022. The lease term is 30 years. In the amended and restated agreement, the City of Houston has committed to providing funds for the historic structures' maintenance, repairs, and security.

Program 3
Expenses: $123,212 Revenue: $2,187

Other program activities include membership and volunteer coordination, communications, marketing, gift shop operations, museum gallery, and meeting space maintenance and usage.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $1,012,407
Program Service Revenue $47,482
Investment Income $35,180
Other Revenue $40,229
TOTAL REVENUE $1,135,298

Expense Breakdown

Grants Paid $0
Salaries & Benefits $346,332
Fundraising Expenses $114,261
Program Expenses $308,343
Other Expenses $224,301
TOTAL EXPENSES $570,633

Year-over-Year Comparison

2023 2022 Change
Revenue $1,135,298 $988,709 +0.1%
Expenses $570,633 $437,462 +0.3%
Net Income $564,665 $551,247 +0.0%
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
22
Independent Members
22
Employees
9
Volunteers
100

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
$87,491
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Minnette Boesel President 10.00
Officer Director
$0 $0 $0
Stephen A Lucchesi Vice President 5.00
Officer Director
$0 $0 $0
Rives Taylor Secretary 2.00
Officer Director
$0 $0 $0
Joanne E Zumbrun Treasurer 10.00
Officer Director
$0 $0 $0
Susan S Barnes Director 1.00
Director
$0 $0 $0
Evelyn H Boatwright Director 1.00
Director
$0 $0 $0
Jill Brooks Director 1.00
Director
$0 $0 $0
Angela Caughlin Director 1.00
Director
$0 $0 $0
Shane Davis Director 1.00
Director
$0 $0 $0
Michelle CC Ensell Director 1.00
Director
$0 $0 $0
Scott Duke Ensell Director 1.00
Director
$0 $0 $0
Vicki Faulkner Director 1.00
Director
$0 $0 $0
JJ Gonzales Director 1.00
Director
$0 $0 $0
Kirksey Gregg Director 1.00
Director
$0 $0 $0
Nick Hellyar Director 1.00
Director
$0 $0 $0
Jillian Jopling Director 1.00
Director
$0 $0 $0
Harriet C Latimer Director 1.00
Director
$0 $0 $0
Mister McKinney Director 1.00
Director
$0 $0 $0
Barry Moore Director 1.00
Director
$0 $0 $0
Kristina Hornberger Somerville Director 1.00
Director
$0 $0 $0
Martha Whiting-Goddard Director 1.00
Director
$0 $0 $0
Don Williams Director 1.00
Director
$0 $0 $0
Alison Bell Executive Director 45.00
Officer
$71,865 $0 $71,865
Libby S Sims Finance Director 10.00
Officer
$15,626 $0 $15,626
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 $216,194 $366,888 $1,954,745 $-150,694
2024 $1,135,298 $570,633 $2,062,299 $564,665
2023 $988,709 $437,462 $1,535,829 $551,247
2022 $740,188 $466,456 $1,001,031 $273,732
2021 $464,148 $399,184 $801,966 $64,964
2020 $533,324 $798,744 $754,814 $-265,420
2019 $678,775 $904,967 $1,073,913 $-226,192
2019 $678,775 $904,967 $1,073,913 $-226,192
Explore More Nonprofits
Top 100 Nonprofits in Texas Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare The Heritage Society with other nonprofits in Texas and across the country.