Hingham Historical Society EIN 04-6052033 Form 990 (PDF) Claim this org

Hingham Historical Society

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Preserves and shares Hingham's history through collections, exhibits, and interpretation. For fiscal year 2024 it reported $1.3M in revenue, $982K in expenses, and $6.7M in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Hingham, MA
Website
www.hinghamhistorical.org
Filings
5 on file (2020–2024)
Revenue
$1.3MFY2024
Expenses
$982K
Net assets
$6.7M
People
27
Filings
5
Updates
0
More identity details & actions ⌄
EIN  04-6052033 Public charity (501(c)(3)) Hingham, MA
Form 990 (PDF)
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Size
$1–10M
What they do
Preserves and shares Hingham's history through collections, exhibits, and interpretation.
Leadership
Deirdre Anderson · Executive Director · $106K
Money in and out
$1.3M revenue, $982K expenses
Bottom line
52% program efficiency
Where the money goes · FY2024
Total revenue
$1.3M
Pt VIII · Ln 12
Total expenses
$982K
Pt IX · Ln 25
Net assets
$6.7M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $332K
Where spending went · Part IX cols B–D
Program services $0.52 Management & general $0.26 Fundraising $0.22
Program efficiency
52%
of spending reaches programs▼ -0.7% vs prior filing year
Operating runway
32.7mo
months of highly liquid reserves at operating expense rate▲ +11% vs prior filing year
Surplus margin
+25%
revenue over expenses, this year▲ ×20 vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.3M
FY2024▲ +38%
Expenses
$982K
FY2024▲ +2%
Total assets
$7.4M
FY2024▲ +5%
Total liabilities
$672K
FY2024▼ -4%
Total revenue
$1.3M
Pt VIII · Ln 12
Total expenses
$982K
Pt IX · Ln 25
Net assets
$6.7M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$332K
Total assetsPt X · Ln 16$7.4M
Program-expense ratioPt IX · col B52%
Voting members of governing bodyPt I · Ln 323
Independent voting membersPt I · Ln 423

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHingham Historical Society
EINHdr · item D04-6052033
Principal addressHdr · item CHingham, MA
WebsiteHdr · item Jwww.hinghamhistorical.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A82Z)
Ruling yearIRS BMFNov 1950

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a23
Independent voting membersPt VI · Ln 1b23
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$106,000Pt VII · Sec A
Director/Vice President
$0Pt VII · Sec A
Director/Secretary
$0Pt VII · Sec A
Director/Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Deirdre Anderson’s $106K as Executive Director is at the 37th percentile of top reported officer pay among 3916 $1–10M 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

NameFY2024FY2023FY2022FY2021FY2020
Deirdre Anderson$106,000$104,000$124,000$96,700$88,212

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.

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Mission & Programs · Part III

Where the work happens

3 program services account for $509K of program spending, described in the organization's own filed words · FY2024.
01

Community outreach-in 2024, community outreach included lincoln day and springham

$465Kprogram expense
02

Education-in 2024, there were lectures over two separate series: suburbia through april 2024 and then revisiting the american revolution from september through december. Field trips for students in 3RD, 5TH, and 11TH graders were held throughout the year.

$34Kprogram expense
03

The historic house tour is one of the oldest and longest running house tours in the country. From modest capes to grand estates, the homes showcased each year reveal a network of families, trade, marriage, work and worship that have over almost 400 years made hingham an iconic new england community.

$10Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$1.0M · 79%
Investment income$152K · 12%
Program service revenue$128K · 10%
Contributions & grants79%$1.0M
Investment income12%$152K
Program service revenue10%$128K
Total revenueLn 12$1.3M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.52 Management & general $0.26 Fundraising $0.22
Program services52%$514K
Management & general26%$255K
Fundraising22%$213K
Total functional expensesLn 25$982K

Balance Sheet

Part X · end of year
CashLn 1$548K
Total assetsLn 16$7.4M
Total liabilitiesLn 26$672K
Total net assetsLn 32$6.7M
Months of cash on handcomputed6.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.7M · Operating expenses/yr $982K
32.7 months
Where the money goes
Program services
Program services $514K · Total expenses $982K
52%
Management & General
Management & general $255K · Total expenses $982K
26%
Fundraising
Fundraising $213K · Total expenses $982K
22%
Cost to raise $1
Fundraising expense (3-yr avg) $206K · Solicited contributions (3-yr avg) $842K
$0.24 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.0M · Total revenue $1.3M
79%
Government reliance
Government grants — · Total revenue $1.3M
Earned-income share
Program service revenue $128K · Total revenue $1.3M
10%
Investment reliance
Investment income $152K · Total revenue $1.3M
+12%
Program self-sufficiency
Program service revenue $128K · Total expenses $982K
13%
Growth & trend
Revenue growth (YoY)
This year $1.3M · Prior year $952K
+38%
Revenue CAGR
FY2020 $2.8M · FY2024 $1.3M
-17%
Net-asset trend (YoY)
End of year $6.7M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.3M · Expenses $982K
+25%
Liabilities-to-Assets
Total liabilities — · Total assets $7.4M
Net-asset ratio
Net assets $6.7M · Total assets $7.4M
91%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $2.1M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $7.4M
29%
People & payroll
Highest Reported Total Compensation
Individual Deirdre Anderson · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $106K · Total expenses $982K
11%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $423K · Total expenses $982K
43%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 52%
Overhead ratio 26%
Fundraising cost ratio 20%
Revenue growth 38%
Investment management fee ratio 0.1%
Accounting fee ratio 4%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 2 funders$2K
Grants paid · 1 grant · $10K · 2022–2022

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$1.3M revenue · viewing · ⤓ 990 PDF
FY2023$952K revenue · ⤓ 990 PDF
FY2022$896K revenue · ⤓ 990 PDF
FY2021$910K revenue · ⤓ 990 PDF
FY2020$2.8M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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