Hernando Historical Museum Association Inc

Nonprofit profile at a glance

EIN
592048498
IRS 990-EZ coverage
2010–2025
Forms available
Form 990-EZ 2025
Location
Brooksville, FL, USA
Phone
3527965931
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$115,176
Expenses
$70,871
Assets
$232,668
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

14 people listed

Executive titles in this filing

  • MARY D SHELDON (PRESIDENT)
  • ELIZABETH WILSON (1ST VICE PRESIDENT)

People named in this filing

  • MARY D SHELDON (PRESIDENT)
  • BONNIE LETOURNEAU (SECRETARY AND DIRECTOR)
  • KATHLEEN A VIDAL (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Festivities for community enjoyment

What it reported doing in 2025

Museum & other festivities provided by historicalmuseum for community enjoyment.

Operating model

Revenue model
Earned-program. 93% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 66
  • Transparency & Controls: 82
  • Sustainability: 84
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 53.7%; rating input score 54
  • Program expense ratio: 87.5%; rating input score 87

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 38.5%; rating input score 87; 87th percentile among comparable filings
  • Total-asset coverage ratio: 3.28; rating input score 90; 90th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: -5.3% per year; rating input score 0; 19th percentile among comparable filings
  • Revenue growth: 8% per year; rating input score 100; 57th percentile among comparable filings
  • Asset growth: 9.3% per year; rating input score 100; 57th percentile among comparable filings

Details

  • Where the money goes: 53.7% of revenue deployed · 87.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $62K in reported program spending
  • Leadership: top reported pay $0 · 14 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 16 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Mission deployment rate scored 54/100.
  • High — Growth: Program expense growth scored 0/100.