Bainbridge Island Historical Society

EIN: 911037866 501(c)(3)

Bainbridge Island, WA

Total Revenue
$448,772
Total Expenses
$493,343
Total Assets
$2,820,415
Net Assets
$2,815,551
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1949
Legal Domicile
WA
Principal Officer
Mark Mumm
Phone
2068422773
Tax Period
2024-01-01 to 2024-12-31

Bainbridge Island Historical Society, founded in 1949, is a small nonprofit that reported $449K in total revenue in fiscal year 2024. Net assets of $2.8M represent 75 months of operating reserves.

Mission

To preserve and share the stories of Bainbridge Island To promote a greater understanding of our community and the world

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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 $189,089
Program Service Revenue $0
Investment Income $92,605
Other Revenue $167,078
TOTAL REVENUE $448,772

Expense Breakdown

Grants Paid $0
Salaries & Benefits $335,784
Fundraising Expenses $61,369
Program Expenses $365,845
Other Expenses $157,559
TOTAL EXPENSES $493,343

Year-over-Year Comparison

2024 2023 Change
Revenue $448,772 $420,577 +0.1%
Expenses $493,343 $425,286 +0.2%
Net Income $-44,571 $-4,709 +8.5%
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

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
7
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
4
$0
Total Directors
12
$0
Key Employees
1
$85,092
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMBER SILVEY-BUELL Executive Director 40.00
Key Emp
$85,092 $0 $85,092
SUSIE BURDICK Board Member 2.00
Director
$0 $0 $0
JOHN KLIMP Board Member 2.00
Director
$0 $0 $0
MARK MUMM Treasurer 2.00
Officer Director
$0 $0 $0
JOAN WALTERS Board Member 2.00
Director
$0 $0 $0
BRUCE GENUNG Secretary 2.00
Officer Director
$0 $0 $0
JENNY PETERS Vice President 2.00
Officer Director
$0 $0 $0
JOE STANKO Board Member 2.00
Director
$0 $0 $0
MICHAEL BRONSDON President 2.00
Officer Director
$0 $0 $0
KEVIN TOMLINSON Board Member 2.00
Director
$0 $0 $0
KEVIN DWYER Board Member 2.00
Director
$0 $0 $0
COLEEN TURNER Board Member 2.00
Director
$0 $0 $0
DAVID WILLIAMS Board Member 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
2024 $448,772 $493,343 $2,820,415 $-44,571
2023 $420,577 $425,286 $2,878,999 $-4,709
2022 $405,523 $407,805 $2,785,691 $-2,282
2021 $2,145,451 $358,150 $2,853,967 $1,787,301
2020 $267,901 $295,164 $1,115,946 $-27,263
2019 $404,023 $350,895 $1,093,253 $53,128
2018 $293,052 $306,382 $1,040,679 $-13,330
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