Historic Ithaca INC FY2019 filing

Ithaca, NY · Public charity (501(c)(3)) · Since 1966

✓ Tax-deductible Latest data FY2019
Revenue
$409K
Spent
$408K
To programs
83%
Net assets
$170K
You’re viewing the FY2019 filing — not the latest on file. See the latest (FY2025) →

Form 990 for the fiscal year ending December 2019 (IRS tax year 2019).

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Foundation funders?
3 funders, incl. Legacy Foundation of Tompkins County
$8K in the latest grant year.
Spent on programs?
83% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
Legal name (IRS)Hdr · item CHistoric Ithaca INC
EINHdr · item D23-7051773
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFDec 1970
Year of formationHdr · item L1966
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CIthaca, NY
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jwww.historicithaca.org

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.83 Management & general $0.12 Fundraising $0.05
Program services83%$339K
Management & general12%$51K
Fundraising5%$19K
Total functional expensesLn 25$408K

Financial health

Revenue & expenses by yearFY2019–FY2025
Revenue
$409K
FY2019
Expenses
$408K
FY2019
Program efficiency
83%
of spending reaches programs
Operating runway
1.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
+0.1%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2019 · Form 990
Total assets
$262K
FY2019
Total liabilities
$92K
FY2019
Revenue less expensesPt I · Ln 19$547
Total assetsPt X · Ln 16$262K
Program-expense ratioPt IX · col B83%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47

Balance Sheet

Part X · end of year
CashLn 1$43K
Total assetsLn 16$262K
Total liabilitiesLn 26$92K
Total net assetsLn 32$170K
Months of cash on handcomputed1.3

Statement of Revenue

Part VIII
Contributions & grants$253K · 62%
Other revenue$137K · 33%
Program service revenue$18K · 5%
Contributions & grants62%$253K
Other revenue33%$137K
Program service revenue5%$18K
Investment income$6
— government grantsLn 1e$119K
Total revenueLn 12$409K

Financial Metrics

Form 990 · FY2019 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $43K · Operating expenses/yr $408K
1.3 months
Where the money goes
Program services
Program services $339K · Total expenses $408K
83%
Management & General
Management & general $51K · Total expenses $408K
12%
Fundraising
Fundraising $19K · Total expenses $408K
5%
Cost to raise $1
Fundraising expense $19K · Solicited contributions $134K
$0.14 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $253K · Total revenue $409K
62%
Government reliance
Government grants $119K · Total revenue $409K
29%
Earned-income share
Program service revenue $18K · Total revenue $409K
5%
Investment reliance
Investment income $6 · Total revenue $409K
<0.01%
Program self-sufficiency
Program service revenue $18K · Total expenses $408K
5%
Growth & trend
Revenue growth (YoY)
This year $409K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $170K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $409K · Expenses $408K
+0.1%
Liabilities-to-Assets
Total liabilities — · Total assets $262K
—
Net-asset ratio
Net assets $170K · Total assets $262K
65%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $262K
0%
People & payroll
Highest Reported Total Compensation
Individual Susan Holland · Reported title Executive Director · Highest reported compensation $0 · Total expenses $408K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $304K · Total expenses $408K
74%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 83%——
Overhead ratio 12%——
Fundraising cost ratio 7%——
Investment management fee ratio 0%——
Legal fee ratio 0%——
Accounting fee ratio 2%——
Fundraising fee ratio 0%——

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.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Susan Holland—$72,544$65,998$66,000$62,500$62,760
Zachary Lifton$43,645—————

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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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
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

Mission and programs

Preserves and enhances historic buildings and neighborhoods through education, advocacy, and action.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

3 program services account for $339K of program spending, described in the organization's own filed words · FY2019.
01

The Significant Elements Architectural Salvage Store

Sells Donated, Recycled and Historic Building Materials and Home Furnishings, diverting materials from the Waste Stream; Promotes the proper care and maintenance of the Historic Building fabric; Serves as the venue for Work Preserve job readiness training activities.

$274Kprogram expense
02

Through its Preservation Services and Community Engagement programs: The organization offers Professional Expertise, Technical Support and Resources about Historic Preservation; Serves as a proactive advocate for the city and counties built environment; Develops Public Awareness and Appreciation for the built environment through…

$60Kprogram expense
03

The Work Preserve provides job readiness training to Youth and Adults with barriers to employment. Participants build critical transferrable job skills by taking part in Significant Elements retail operations.

$5Kprogram expense

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Funders

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$8K
See all 3 funders →

Filing history

YearRevenueExpensesChangeFiling
FY2025 Latest $354K$393K-13% 990 PDF
FY2024 $405K$521K-46% 990 PDF
FY2023 $743K$479K+77% 990 PDF
FY2022 $421K$425K+3% 990 PDF
FY2021 $410K$407K-5% 990 PDF
FY2020 $429K$381K+5% 990 PDF
FY2019 Viewing $409K$408K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2019IRS
Classification, formation year, addressIRS Business Master File
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