Connecticut Explored INC FY2024 filing

Tax-deductible

New Britain, CT501(c)(3)Since 2012EducationEIN 45-5404888Revenue $323K in FY2024

On file with the IRSctexplored.org1615 Stanley St, 06050-2439 · New Britain, CTTax-exempt since Aug 2012Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

To educate the general public about the history and cultural heritage of the State of Connecticut and the role the State and its citizens have played as part of the American experience.

501(c)(3) charity; gifts are tax-deductible.
69¢ of each $1 spent went to programs.
$77K 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

FY2024 · 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
1 of 5
filings with a surplus
Average deficit $39K a year · 14% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
69%
of spending
Fine: 69% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$77K
to officers and key staff · 19% of spending
Fine: pay to officers and key staff is 19% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.5 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $12K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$53K
24% of total assets
Looks good: liabilities are 24% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$323K
-12% vs prior year
Spent
$403K
To programs
69%
Net assets
$167K
By yearFY2020–FY2025
Revenue
$323K
FY2024▼ -12%
Tap a bar for its year
Revenue by fiscal year
FY2020$188K
FY2021$227K
FY2022$253K
FY2023$365K
FY2024$323K
FY2025$248K
Expenses
$403K
FY2024▼ -3%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$190K
FY2022$260K
FY2023$416K
FY2024$403K
FY2025$344K
Net assets
$167K
FY2024▼ -28%
Tap a bar for its year
Net assets by fiscal year
FY2020$252K
FY2021$292K
FY2022$274K
FY2023$232K
FY2024$167K
FY2025$73K

From the FY2024 Form 990 (year ending August 2024) · see the original

Give Claim
You’re viewing the FY2024 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 Aug 2012.

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

Where the money goes

69 cents of each dollar spent went to programs.

Program services 69% · $278K Management & general 18% · $74K Fundraising 13% · $51K

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

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

8 people listed on the 990; $77K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Publisher+exdir
$77,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Kathy Hermes’s $77K as Publisher+exdir is at the 69th percentile of top reported officer pay among 1613 $100K–1M education 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 · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022
Kathy Hermes$77,000$77,000$77,000—
Kathy Hermes from 72022———$11,958

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 Connecticut Explored INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

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

Educates the public on Connecticut's history, heritage, and its role in the American experience.

Questions for Connecticut Explored INC

Tap to ask. Connecticut Explored INC sees how many people are interested.

Your first name shows with your question. Connecticut Explored INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

3 programs · $278K · in their own filed words · FY2023
01

Connecticut Explored, Inc.Form 990-EZ, FYE 8/31/2024Part III, Program Service AccomplishmentsExplanation of program activities and accomplishmentsProgram Accomplishments FY 2023-2024 Four issues of Connecticut Explored, circulation 6,000 per issue Volume 22, Number 1: Winter 2022-24: theme of history in the sky.

$278Kprogram expense
02

Connecticut Explored receives the benefit of substantial contributed services in producing the quarterly magazine, which are not reflected in the functional expenses reported in Form 990, Part IX.Many of the articles in the magazine are written and photographs reprinted with no compensation or minimal honoraria or rights fees, including…

Pt IX · col B
03

Less in-kind services not to be included in functional expenses on Form 990, Part IX.0

Pt IX · col B

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
Total grants receivedfrom 1 funder$12K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$323K
Ln 12
Fees for servicesLn 2g$165K
Gifts and grantsLn 1h$151K
Investment incomeLn 3$7K
Money outPt IX
$403K
Ln 25
Programscol B$278K
Managementcol C$74K
Fundraisingcol D$51K
Owns and owesPt X
$167K
net assets · Ln 32
Cash and savingsLn 1–2$16K
Total assetsLn 16$220K
LiabilitiesLn 26$53K
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$151K
Government grantsLn 1e$1K
Fees for servicesLn 2g$165K
Investment incomeLn 3$7K
Gains on assetsLn 7$257
Total revenueLn 12$323K
Assets in detailPt X, end of year
CashLn 1$10K
SavingsLn 2$6K
Cash and savings togetherLn 1–2$16K
InvestmentsLn 11–13$157K
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$220K
LiabilitiesLn 26$53K
Net assetsLn 32$167K
OperationsPt I, VI
EmployeesI 57
VolunteersI 66
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$107K$16K
InvestmentsLn 11–13$162K$157K
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$346K$220K
LiabilitiesLn 26$114K$53K
Net assetsLn 32$232K$167K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$77K$31K$23K$23K
Pay of disqualified personsLn 6$114K$90K$21K$3K
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$2K$1K$466$277
Other employee benefitsLn 9$0
Payroll taxesLn 10$15K$9K$3K$2K
Management feesLn 11a$0
Legal feesLn 11b$160$160
Accounting feesLn 11c$7K$7K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$2K$2K
Other fees for servicesLn 11g$55K$51K$4K
Advertising and promotionLn 12$17K$17K
Office expensesLn 13$4K$1K$1K$1K
Information technologyLn 14$5K$3K$3K
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$25$12$13
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$619$619
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$4K$2K$3K
Other expenses (24a–d)Ln 24$95K$86K$7K$2K
All other expensesLn 24e$5K$4K$888$25
Total functional expensesLn 25$403K$278K$74K$51K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $248K$344K−$96K$73K 990 PDF
FY2024 Viewing $323K$403K−$80K$167K 990 PDF
FY2023 $365K$416K−$51K$232K 990 PDF
FY2022 $253K$260K−$6K$274K 990 PDF
FY2021 $227K$190K$37K$292K 990 PDF
FY2020 $188K$252K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $322,548 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $215,496$150,520
I-9 Program service revenuePrior year $153,635$165,457
I-10 Investment incomePrior year −$4,285$6,571
I-11 Other revenue$0
I-12 Total revenuePrior year $364,846$322,548
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $168,494$207,539
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $247,624$195,053
I-18 Total expensesPrior year $416,118$402,592
I-19 Revenue less expensesPrior year −$51,272−$80,044
Part VI · Governance 6 of 6 board members independent, 3 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
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
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $322,548 across 10 lines filed
Lines not itemized here account for $721 of total revenue; see the IRS return.
VIII-1e Government grants$1,000
VIII-1f All other contributions, gifts and grants$149,520
VIII-1h Total contributions, gifts and grants$150,520
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $136,324 · Unrelated business $28,412$164,736
VIII-3 Investment incomeExcluded from tax $6,314$6,314
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsRelated to mission $257$257
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $136,768 · Unrelated business $28,412 · Excluded from tax $6,848$322,548
Part IX · Statement of functional expenses $402,592 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $30,800 · Management $23,100 · Fundraising $23,100$77,000
IX-6 Pay of disqualified personsPrograms $90,092 · Management $20,854 · Fundraising $2,963$113,909
IX-7 Other salaries and wages$0
IX-8 Pension plan contributionsPrograms $1,283 · Management $466 · Fundraising $277$2,026
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $9,248 · Management $3,362 · Fundraising $1,994$14,604
IX-11a Management fees$0
IX-11b Legal feesManagement $160$160
IX-11c Accounting feesManagement $7,224$7,224
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management feesManagement $1,610$1,610
IX-11g Other fees for servicesPrograms $50,827 · Management $4,326$55,153
IX-12 Advertising and promotionFundraising $16,892$16,892
IX-13 Office expensesPrograms $1,357 · Management $1,357 · Fundraising $1,357$4,071
IX-14 Information technologyPrograms $2,572 · Fundraising $2,572$5,144
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 TravelPrograms $12 · Management $13$25
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsManagement $619$619
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsurancePrograms $1,702 · Management $2,520$4,222
IX-24 Other expenses (24a–d)Programs $86,118 · Management $7,263 · Fundraising $1,522$94,903
IX-24e All other expensesPrograms $4,117 · Management $888 · Fundraising $25$5,030
IX-25 Total functional expensesPrograms $278,128 · Management $73,762 · Fundraising $50,702$402,592
Part X · Balance sheet $219,789 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $31,380$9,768
X-2 Savings and temporary cash investmentsStart of year $75,150$6,347
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $60,018$34,055
X-8 Inventories for sale or useStart of year $17,344$12,207
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securitiesStart of year $161,918$157,412
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $345,810$219,789
X-19 Deferred revenueStart of year $105,839$52,939
X-26 Total liabilitiesStart of year $114,031$52,939
X-32 Total net assets or fund balancesStart of year $231,779$166,850
X-33 Total liabilities and net assetsStart of year $345,810$219,789
Part XI · Reconciliation of net assets $166,850 net assets at year end
XI-1 Total revenue$322,548
XI-2 Total expenses$402,592
XI-3 Revenue less expenses−$80,044
XI-4 Net assets at start of year$231,779
XI-5 Net unrealized gains (losses) on investments$15,115
XI-10 Net assets at end of year$166,850

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.