The purpose of the Society is to procure, exhibit, preserve and perpetuate documents, records, data and other evidences relating to the history of Fall River and its vicinity and the multicultural people thereof, and to promote public understanding through education.

501(c)(3) charity; gifts are tax-deductible.
66¢ of each $1 spent went to programs.
$65K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $731K a year · 57% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
66%
of spending
Fine: 66% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$65K
to officers and key staff · 16% of spending
Fine: pay to officers and key staff is 16% of spending; 15% to 20%.
Pt VII · Sec A
12 mo
of spending, in cash
Plus $1.1M in investments, Pt X · Ln 11–13
Looks good: 12.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
11
named funders · $269K
Looks good: 11 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$325K
14% of total assets
Looks good: liabilities are 14% of assets; 50% or less.
Pt X · Ln 26
Independent board members
16
of 16 voting members
Looks good: 16 of 16 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$574K
Spent
$417K
To programs
66%
Net assets
$1.9M
By yearFY2021–FY2025
Revenue
$574K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$574K
FY2022$1.8M
FY2023$990K
FY2024$2.3M
FY2025$651K
Expenses
$417K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$417K
FY2022$535K
FY2023$519K
FY2024$587K
FY2025$669K
Net assets
$1.9M
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$1.9M
FY2022$3.1M
FY2023$3.4M
FY2024$5.3M
FY2025$5.4M

From the FY2021 Form 990 (year ending April 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2019.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

66 cents of each dollar spent went to programs.

Program services 66% · $274K Management & general 23% · $97K Fundraising 11% · $46K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

17 people listed on the 990; $65K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$64,649Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Asst. Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Michael Martins’s $103K as Curator is at the 90th percentile of top reported officer pay among 2215 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Michael Martins$102,696$105,089$94,878$96,295$64,649

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Fall River Historical Society executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Preserves and exhibits local history, promoting public understanding through education.

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Provided by the organization

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1 program · $274K · in their own filed words · FY2020
01

Expenses relate to operations and maintainance of the fallriver historical society buildings and museum artifacts AT451 rock street and 458 high street in fall river, ma. Thesociety procures, exhibits, preserves and perpetuatesdocuments, records, data and other evidences relating to thehistory of fall river and its vicinity and the…

$274Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 11 funders →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$574K
Ln 12
Gifts and grantsLn 1h$475K
Investment incomeLn 3$85K
Fees for servicesLn 2g$12K
Money outPt IX
$417K
Ln 25
Programscol B$274K
Managementcol C$97K
Fundraisingcol D$46K
Owns and owesPt X
$1.9M
net assets · Ln 32
Cash and savingsLn 1–2$416K
Total assetsLn 16$2.3M
LiabilitiesLn 26$325K
PeoplePt VI, VII
17
listed · VII A
PaidVII A1
Voting boardVI 1a16
IndependentVI 1b16
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$475K
Government grantsLn 1e$31K
Fundraising eventsLn 1c$11K
Fees for servicesLn 2g$12K
Investment incomeLn 3$85K
Other incomeLn 4–11$2K
Gains on assetsLn 7$26K
Total revenueLn 12$574K
Assets in detailPt X, end of year
CashLn 1$197K
SavingsLn 2$219K
Cash and savings togetherLn 1–2$416K
InvestmentsLn 11–13$1.1M
Land, buildings, equipmentLn 10c$336K
Other assetsLn 15$266K
Total assetsLn 16$2.3M
LiabilitiesLn 26$325K
Net assetsLn 32$1.9M
OperationsPt I, VI
EmployeesI 57
VolunteersI 631
Fiscal year endsHeaderApril
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$53K$416K
InvestmentsLn 11–13$1.1M$1.1M
Land, buildings, equipmentLn 10c$359K$336K
Total assetsLn 16$1.9M$2.3M
LiabilitiesLn 26$303K$325K
Net assetsLn 32$1.6M$1.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$87K$40K$17K$31K
Other salaries and wagesLn 7$88K$73K$14K
Other employee benefitsLn 9$10K$9K$1K
Payroll taxesLn 10$13K$8K$2K$2K
Accounting feesLn 11c$11K$11K
Investment management feesLn 11f$10K$10K
Other fees for servicesLn 11g$10K$1K$9K
Office expensesLn 13$35K$21K$9K$4K
OccupancyLn 16$33K$29K$4K
InterestLn 20$17K$17K
Depreciation, depletion and amortizationLn 22$22K$20K$3K
InsuranceLn 23$21K$19K$3K
Other expenses (24a–d)Ln 24$60K$56K$4K
Total functional expensesLn 25$417K$274K$97K$46K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $651K$669K−$18K$5.4M 990 PDF
FY2024 $2.3M$587K$1.8M$5.3M 990 PDF
FY2023 $990K$519K$471K$3.4M 990 PDF
FY2022 $1.8M$535K$1.3M$3.1M 990 PDF
FY2021 Viewing $574K$417K$158K$1.9M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $574,372 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,017,924$475,379
I-9 Program service revenuePrior year $12,494$12,234
I-10 Investment incomePrior year $48,248$84,665
I-11 Other revenuePrior year $49,098$2,094
I-12 Total revenuePrior year $1,127,764$574,372
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $193,788$197,109
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $202,386$219,600
I-18 Total expensesPrior year $396,174$416,709
I-19 Revenue less expensesPrior year $731,590$157,663
Part VI · Governance 16 of 16 board members independent, 4 to look at
VI-1a Voting members of the governing body16
VI-1b Independent voting members16
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $574,372 across 10 lines filed
Lines not itemized here account for $18,951 of total revenue; see the IRS return.
VIII-1b Membership dues$33,368
VIII-1c Fundraising events$10,725
VIII-1e Government grants$31,300
VIII-1f All other contributions, gifts and grants$399,986
VIII-1h Total contributions, gifts and grants$475,379
VIII-3 Investment incomeExcluded from tax $58,751$58,751
VIII-6 Net rental income or lossExcluded from tax −$2,528−$2,528
VIII-7 Net gain or loss on sales of assetsExcluded from tax $25,914$25,914
VIII-8 Net income from fundraising eventsExcluded from tax −$2,095−$2,095
VIII-12 Total revenueRelated to mission $18,951 · Unrelated business $0 · Excluded from tax $80,042$574,372
Part IX · Statement of functional expenses $416,709 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $39,514 · Management $16,613 · Fundraising $30,710$86,837
IX-7 Other salaries and wagesPrograms $73,251 · Management $14,280$87,531
IX-9 Other employee benefitsPrograms $8,805 · Management $1,258$10,063
IX-10 Payroll taxesPrograms $8,022 · Management $2,287 · Fundraising $2,369$12,678
IX-11c Accounting feesManagement $11,168$11,168
IX-11f Investment management feesManagement $10,141$10,141
IX-11g Other fees for servicesManagement $1,264 · Fundraising $8,672$9,936
IX-13 Office expensesPrograms $21,459 · Management $9,092 · Fundraising $4,355$34,906
IX-16 OccupancyPrograms $28,641 · Management $4,091$32,732
IX-20 InterestManagement $17,419$17,419
IX-22 Depreciation, depletion and amortizationPrograms $19,553 · Management $2,793$22,346
IX-23 InsurancePrograms $18,674 · Management $2,667$21,341
IX-24 Other expenses (24a–d)Programs $55,681 · Management $3,930$59,611
IX-25 Total functional expensesPrograms $273,600 · Management $97,003 · Fundraising $46,106$416,709
Part X · Balance sheet $2,259,992 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $36,495$196,767
X-2 Savings and temporary cash investmentsStart of year $16,886$219,416
X-4 Accounts receivableStart of year $2,649$0
X-8 Inventories for sale or useStart of year $103,670$94,357
X-10c Land, buildings and equipment, netStart of year $358,636$336,184
X-11 Publicly traded securitiesStart of year $1,074,354$1,147,439
X-15 Other assetsStart of year $269,137$265,829
X-16 Total assetsStart of year $1,861,827$2,259,992
X-17 Accounts payable and accrued expensesStart of year $2,783$2,108
X-25 Other liabilitiesStart of year $0$31,250
X-26 Total liabilitiesStart of year $302,640$325,186
X-27 Net assets without donor restrictionsStart of year $328,814$673,736
X-28 Net assets with donor restrictionsStart of year $1,230,373$1,261,070
X-32 Total net assets or fund balancesStart of year $1,559,187$1,934,806
X-33 Total liabilities and net assetsStart of year $1,861,827$2,259,992
Part XI · Reconciliation of net assets $1,934,806 net assets at year end
XI-1 Total revenue$574,372
XI-2 Total expenses$416,709
XI-3 Revenue less expenses$157,663
XI-4 Net assets at start of year$1,559,187
XI-5 Net unrealized gains (losses) on investments$221,264
XI-9 Other changes in net assets−$3,308
XI-10 Net assets at end of year$1,934,806

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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