Belknap Mill Society
Overview
Mission
The mission is to preserve the belknap mill as the lakes region's unique historic gathering place and a center for award winning cultural and educational programs. The belknap mill is the oldest unaltered brick textile mill in the u.s.
What it reported doing in 2024
Childrens education programs, exhibits, demonstrations, performing arts programs, lectures, films and outreach were sponsored by the mill this year.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The nonprofit carried out 100% of its reported program work directly.
Nonprofit profile at a glance
- EIN
- 237078453
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Headquarters
- Laconia, NH, USA
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of total spending goes to programs and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 100
- Accountability: 70
- Sustainability: 36
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 58.9%; rating input score 59
- Fundraising efficiency: $64.23 raised per $1 spent on fundraising; rating input score 80; 80th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
- Public monitoring controls: Limited
- Public policy transparency: Limited
- Public financial transparency: Limited
- Impact reporting controls: Limited
- Public relationship transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: -84.5%; rating input score 3; 3rd percentile among comparable filings
- Operating reserve ratio: 5.14; rating input score 80; 80th percentile among comparable filings
- Liabilities to assets ratio: 0.18; rating input score 21; 21st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 7.6% per year; rating input score 100; 63rd percentile among comparable filings
- Revenue growth: 7.6% per year; rating input score 100; 64th percentile among comparable filings
- Asset growth: 9.5% per year; rating input score 100; 64th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 58.9% of spending went to programs
- Governance: 13 of 13 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $162K in reported program spending
- Leadership: top reported pay $0 · 13 people listed
- Consistency: 27 of 27 current checks pass
- Schedules: 4 filed schedules
- Filing history: 14 annual filings from 2010 to 2024
- Money network: Resolved incoming and outgoing counterparties from filed money flows.