Historical Society of Newburgh Bay and the Highlands

Nonprofit profile at a glance

EIN
146026962
IRS 990 coverage
2016–2024
Forms available
Form 990 2024
Location
Newburgh, NY, USA
Phone
8455612585
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Historical Societies & Historic Preservation

Reported finances

Revenue
$81,216
Expenses
$85,836
Assets
$702,233
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • Jonathan Hamilt (President)
  • Roy Spells (Vice President)
  • Varvara Mikushkina (Vice President)

People named in this filing

  • Jonathan Hamilt (President)
  • Roy Spells (Vice President)
  • Varvara Mikushkina (Vice President)

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

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Historical Society of Newburgh Bay and the Highlands preserves the history of the Greater Newburgh area by promoting an appreciation of the regions unique attributes and protecting its architectural cultural and historic resources.

What it reported doing in 2024

Museum operations archives and educational programs: the organization operates and maintains the crawford house museum a historic house museum dedicated to preserving interpreting and sharing local history. The museum is open to the public for guided tours educational visits exhibits and community programs. The organization maintains collections of art furnishings documents and historic records that support preservation efforts and are made available for public research. Educational programs lectures exhibits and seasonal interpretive programs including the candlelight tour engage the community and promote understanding of the regions history.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 90
  • Accountability: 88
  • Sustainability: 56
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 89.9%; rating input score 90
  • Program expense ratio: 80.9%; rating input score 81
  • Fundraising efficiency: $19.8 raised per $1 spent on fundraising; rating input score 67; 67th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -5.7%; rating input score 49; 49th percentile among comparable filings
  • Total-asset coverage ratio: 8.18; rating input score 59; 59th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: 6% per year; rating input score 100; 68th percentile among comparable filings
  • Revenue growth: 1.4% per year; rating input score 100; 65th percentile among comparable filings
  • Asset growth: 0.4% per year; rating input score 100; 43rd percentile among comparable filings

Details

  • Where the money goes: 89.9% of revenue deployed · 80.9% of spending went to programs
  • Governance: 12 of 12 board members independent · 5 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $69K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 42 of 42 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 9 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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 — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Sustainability: Operating margin scored 49/100.
  • Review — Sustainability: Total-asset coverage ratio scored 59/100.