Mystic River Historical Society Inc in Mystic, Connecticut (CT)

Mystic River Historical Society Inc
Employer Identification Number (EIN)	237445351
Name of Organization	Mystic River Historical Society Inc
In Care of Name	Louis Allyn
Address	Po Box 245, Mystic, CT 06355
Website	http://www.mystichistory.org
Subsection	Charitable Organization
Ruling Date	02/1976
Foundation	Organization which receives a substantial part of its support from a governmental unit or the general public
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	2014
Assets	$0
Income	$0
Filing Requirement	990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount	$511,120
Amount of Income	$40,492
Form 990 Revenue Amount	$40,492
National Taxonomy of Exempt Entities (NTEE)	Arts, Culture and Humanities: Historical Societies, Related Historical Activities

Non-representatives - add comments:

Amount of income in 2014: $40,492

This organization:	$40,492
Other organizations performing similar types of work:	$218,607

Assets in 2014: $511,120

This organization:	$511,120
Other organizations performing similar types of work:	$961,312

Expenses in 2007: $53,451

This organization:	$53,451
Other organizations performing similar types of work:	$159,230

Income to expenses ratio in 2007: 0.8

This organization:	0.8
Other organizations performing similar types of work:	1.3

Expenses allocated to program services in 2007: 81.6%

Mystic River Historical Society Inc:	81.6%
Other organizations performing similar types of work:	74.7%

Number of employees in 2007: 3

Mystic River Historical Society Inc:	3
Other organizations performing similar types of work:	4

Grants share in income in 2007: 14.0%

This organization:	14.0%
Other organizations performing similar types of work:	29.9%

Financial snapshot ($)

Revenue for 2007

Assets at end of 2007

Expenses for 2007

Functional Expenses for 2007 ($)

Income-Producing Activities for 2007

	2000	2001	2003	2004	2006	2007
Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue	$48,139	$35,951	$78,415	$151,560	$135,698	$40,492
Contributions, gifts, grants, and similar amounts received	$8,308	$7,968	$51,367	$94,586	$13,189	$5,666
Contributions to donor advised funds					$0	$0
Direct public support	$8,308	$3,571	$51,367	$94,586	$10,797	$3,333
Indirect public support	$0	$4,397	$0	$0	$2,391	$2,333
Government contributions (grants)	$0	$0	$0	$0	$0	$0
Program service revenue including government fees and contracts	$22,999	$8,541	$16,986	$39,290	$3,741	$4,334
Membership dues and assessments	$8,462	$8,578	$10,052	$10,328	$12,849	$12,275
Interest on savings and temporary cash investments	$8,674	$14	$10	$18	$316	$13
Dividends and interest from securities	$0	$9,206	$0	$7,338	$93,556	$11,682
Net rental income or (loss)	$0	$0	$0	$0	$0	$0
Gross rents	$0	$0	$0	$0	$0	$0
Less: rental expenses	$0	$0	$0	$0	$0	$0
Other investment income	$0	$0	$0	$0	$0	$0
Gain or (loss) from sales of assets other than inventory	$-304	$0	$0	$0	$7,099	$0
Gross amount from sales of assets other than inventory	$2,819	$0	$0	$0	$7,099	$0
Less: cost or other basis and sales expenses	$3,123	$0	$0	$0	$0	$0
Net income or (loss) from special events and activities	$0	$1,644	$0	$0	$3,215	$4,989
Gross revenue	$0	$4,173	$0	$0	$3,267	$38,557
Less: direct expenses other than fundraising expenses	$0	$2,529	$0	$0	$52	$33,568
Gross profit or (loss) from sales of inventory	$0	$0	$0	$0	$1,733	$1,533
Gross sales of inventory, less returns and allowances	$0	$0	$0	$0	$5,402	$1,533
Less: cost of goods sold	$0	$0	$0	$0	$3,669	$0
Other revenue	$0	$0	$0	$0	$0	$0
Total expenses	$42,508	$27,353	$35,718	$47,745	$38,297	$53,451
Program services	$40,983	$23,317	$20,606	$22,857	$29,060	$43,630
Management and general	$547	$3,580	$7,145	$8,925	$9,237	$9,821
Fundraising	$978	$456	$7,967	$15,963	$0	$0
Payments to affiliates	$0	$0	$0	$0	$0	$0
Net assets or fund balances at end of year	$355,812	$352,137	$424,269	$494,350	$522,701	$511,120
Excess or (deficit) for the year	$5,631	$8,598	$42,697	$103,815	$97,401	$-12,959
Net assets or fund balances at beginning of year	$352,220	$355,812	$296,785	$424,269	$518,121	$522,701
Other changes in net assets or fund balances	$-2,039	$-12,273	$84,787	$-33,734	$-92,821	$1,378

	Total	Program services	Management and general	Fundraising
Statement of Functional Expenses (for 2007)
Total functional expenses	$53,451	$43,630	$9,821	$0
Grants paid from donor advised funds		$0
Other grants and allocations		$0
Specific assistance to individuals		$0
Benefits paid to or for members		$0
Compensation of current officers, directors, key employees, etc.	$0	$0	$0	$0
Compensation of former officers, directors, key employees, etc.	$0	$0	$0	$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)	$0	$0	$0	$0
Salaries and wages of employees not included above	$15,169	$10,417	$4,752	$0
Pension plan contributions not included above	$0	$0	$0	$0
Employee benefits not included above	$0	$0	$0	$0
Payroll taxes	$0	$0	$0	$0
Professional fundraising fees	$0	$0	$0	$0
Accounting fees	$0	$0	$0	$0
Legal fees	$0	$0	$0	$0
Supplies	$1,180	$155	$1,025	$0
Telephone	$806	$0	$806	$0
Postage and shipping	$1,232	$830	$402	$0
Occupancy	$15,231	$15,231	$0	$0
Equipment rental and maintenance	$0	$0	$0	$0
Printing and publications	$2,078	$1,809	$269	$0
Travel	$0	$0	$0	$0
Conferences, conventions, and meetings	$0	$0	$0	$0
Interest	$0	$0	$0	$0
Depreciation, depletion, etc.	$12,272	$12,272	$0	$0
Other expenses not covered above	$5,483	$2,916	$2,567	$0

	2000	2001	2003	2004	2006	2007
Balance Sheets
Total assets	$356,393	$354,370	$424,269	$494,350	$524,310	$511,120
Cash - non-interest-bearing	$1,910	$311	$40,297	$28,667	$5,995	$7,212
Savings and temporary cash investments	$32,715	$37,144	$53,687	$41,929	$0	$0
Accounts receivable less allowance for doubtful accounts	$0	$0	$0	$0	$0	$0
Pledges receivable less allowance for doubtful accounts	$0	$0	$0	$0	$0	$0
Grants receivable	$0	$0	$0	$0	$0	$0
Receivables from current and former officers, directors, trustees, and key employees	$0	$0	$0	$0	$0	$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)					$0	$0
Other notes and loans receivable less allowance for doubtful accounts	$0	$0	$0	$0	$0	$0
Inventories for sale or use	$0	$1,524	$1,585	$0	$0	$0
Prepaid expenses and deferred charges	$0	$0	$0	$0	$0	$0
Investments - publicly-traded securities					$184,858	$174,924
Investments - other securities	$0	$0	$18,737	$94,886	$0	$0
Investments - land, buildings, and equipment less accumulated depreciation	$248,279	$239,454	$227,124	$0	$0	$0
Investments - other	$73,489	$75,937	$75,273	$0	$0	$0
Land, buildings, and equipment less accumulated depreciation	$0	$0	$0	$328,868	$333,457	$328,984
Other assets, including program-related investments	$0	$0	$7,566	$0	$0	$0
Total liabilities	$581	$2,233	$0	$0	$1,608	$0
Accounts payable and accrued expenses	$581	$2,233	$0	$0	$0	$0
Grants payable	$0	$0	$0	$0	$1,608	$0
Deferred revenue	$0	$0	$0	$0	$0	$0
Loans from officers, directors, trustees, and key employees	$0	$0	$0	$0	$0	$0
Tax-exempt bond liabilities	$0	$0	$0	$0	$0	$0
Mortgages and other notes payable	$0	$0	$0	$0	$0	$0
Other liabilities	$0	$0	$0	$0	$0	$0
Total liabilities and net assets/fund balances	$356,393	$354,370	$424,269	$494,350	$524,309	$511,120
Total net assets or fund balances	$355,812	$352,137	$424,269	$494,350	$522,701	$511,120

	2000	2001	2003	2004	2006	2007
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
Total revenue	$0	$0	$0	$0	$0	$0
Total revenue, gains, and other support per audited financial statements	$0	$0	$0	$0	$0	$0
Other expenses	$0	$0	$0	$0	$0	$0
Net unrealized gains on investments	$0	$0	$0	$0	$0	$0
Donated services and use of facilities	$0	$0	$0	$0	$0	$0
Recoveries of prior year grants	$0	$0	$0	$0	$0	$0
Other	$0	$0	$0	$0	$0	$0
Other revenue	$0	$0	$0	$0	$0	$0
Investment expenses	$0	$0	$0	$0	$0	$0
Other	$0	$0	$0	$0	$0	$0

	2000	2001	2003	2004	2006	2007
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
Total expenses	$0	$0	$0	$0	$0	$0
Total expenses and losses per audited financial statements	$0	$0	$0	$0	$0	$0
Other revenue	$0	$0	$0	$0	$0	$0
Donated services and use of facilities	$0	$0	$0	$0	$0	$0
Prior year adjustments	$0	$0	$0	$0	$0	$0
Losses	$0	$0	$0	$0	$0	$0
Other	$0	$0	$0	$0	$0	$0
Other expenses	$0	$0	$0	$0	$0	$0
Investment expenses	$0	$0	$0	$0	$0	$0
Other	$0	$0	$0	$0	$0	$0

Current Officers, Directors, Trustees, and Key Employees

Total number of officers, directors, and trustees permitted to vote on organization business at board meetings	12
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?	No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?	No
Does the organization have a written conflict of interest policy?	Yes

Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?	No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?	No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?	No
Direct and indirect political expenditures	$0
Did the organization file Form 1120-POL for this year?	No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members	$0
Section 162(e) lobbying and political expenditures	$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices	$0
Taxable amount of lobbying and political expenditures	$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions	$0
Gross receipts for public use of club facilities	$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?	No
Amount of tax imposed on the organization during the year under: section 4911	$0
Amount of tax imposed on the organization during the year under: section 4912	$0
Amount of tax imposed on the organization during the year under: section 4955	$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?	No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958	$0
Amount of tax above, reimbursed by the organization	$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?	No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?	No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?	No
Number of employees employed in the pay period that includes March 12, 2006	3

	Unrelated business income		Excluded by section 512, 513, or 514		Related or exempt function income
Analysis of Income-Producing Activities (for 2007)
	Business code	Amount	Exclusion code	Amount	Related or exempt function income
Total		$0		$0	$34,826
Program service revenue
Program service revenue 1	000000	$0	00	$0	$2,850
Program service revenue 2	000000	$0	00	$0	$928
Program service revenue 3	000000	$0	00	$0	$556
Program service revenue 4	000000	$0	00	$0	$0
Program service revenue 5	000000	$0	00	$0	$0
Medicare/Medicaid payments	000000	$0	00	$0	$0
Fees and contracts from government agencies	000000	$0	00	$0	$0
Membership dues and assessments	000000	$0	00	$0	$12,275
Interest on savings and temporary cash investments	000000	$0	00	$0	$13
Dividends and interest from securities	000000	$0	00	$0	$11,682
Net rental income or (loss) from real estate
debt-financed property	000000	$0	00	$0	$0
not debt-financed property	000000	$0	00	$0	$0
Net rental income or (loss) from personal property	000000	$0	00	$0	$0
Other investment income	000000	$0	00	$0	$0
Gain or (loss) from sales of assets other than inventory	000000	$0	00	$0	$0
Net income or (loss) from special events	000000	$0	00	$0	$4,989
Gross profit or (loss) from sales of inventory	000000	$0	00	$0	$1,533
Other revenue	000000	$0	00	$0	$0

EIN of corporation, partnership, or disregarded entity	Percentage of ownership interest	Total income	End-of-year assets
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
000000000	0%	$0	$0
000000000	0%	$0	$0
000000000	0%	$0	$0
000000000	0%	$0	$0

Compensation	Contributions to employee benefit plans & deferred compensation	Expense account and other allowances
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
$0	$0	$0
$0	$0	$0
$0	$0	$0
$0	$0	$0
$0	$0	$0

Total number of other employees paid over $50,000	0

Total number of other employees paid over $50,000

Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities	$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?	No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?	No
Did the organization maintain any donor advised funds?	No
Did the organization make any taxable distributions under section 4966?	No
Did the organization make a distribution to a donor, donor advisor, or related person?	No
The total number of donor advised funds owned at the end of the tax year	$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year	$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts	$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year	$0

Reason for Non-Private Foundation Status
The organization is not a private foundation because it is	Organization that normally receives: less than 1/3 of its support from gross investment income and unrelated taxable business income and more than 1/3 of its support from contribution, membership fees

	1999	2000	2002	2003	2005	2006
Support Schedule
Total	$22,093	$48,443	$23,647	$91,715	$0	$40,492
Gifts, grants, and contributions received	$6,615	$8,308	$7,290	$51,367	$0	$5,666
Membership fees received	$7,949	$8,462	$9,224	$10,052	$0	$12,275
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose	$5,039	$22,999	$7,097	$19,986	$0	$10,856
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975	$2,490	$8,674	$36	$10,310	$0	$11,695
Net income from unrelated business activities not included above	$0	$0	$0	$0	$0	$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf	$0	$0	$0	$0	$0	$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge	$0	$0	$0	$0	$0	$0
Other income	$0	$0	$0	$0	$0	$0

Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures	$0
Total lobbying expenditures	$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)	$0
Total lobbying expenditures to influence a legislative body (direct lobbying)	$0
Other exempt purpose expenditures	$0
Lobbying nontaxable amount	$0
Grassroots nontaxable amount	$0

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Id	Name	Address	State	Established	Total Income
Organizations performing similar types of work
1	Antiquarian & Landmarks Society Inc	59 S Prospect St, Hartford, CT 06106-1901	CT	1947-06	$9,776,378
2	Connecticut Historical Society	1 Elizabeth St, Hartford, CT 06105-2213	CT	1934-10	$6,467,751
3	New Canaan Historical Society	13 Oenoke Rdg, New Canaan, CT 06840-4104	CT	1951-06	$379,028
4	Old Saybrook Historical Society Inc	PO BOX 4, Old Saybrook, CT 06475-0004	CT	1973-05	$298,234
5	Yamhill County Historical Society	PO BOX 484, Lafayette, OR 97127-0484	OR	1971-01	$153,941
6	Washington County Historical And Fine Arts Tr Inc	135 W Washington St, Hagerstown, MD 21740-4709	MD	1977-05	$122,791
7	Mystic River Historical Society Inc	Po Box 245, Mystic, CT 06355	CT	1976-02	$40,492
8	Wreaths Across America	4 Point Street, Columbia Falls, ME 04623	ME	2007-08	$4,668,061
9	National Society Of Colonial Dames Of America Ct State	211 Main St, Wethersfield, CT 06109-2339	CT	1979-05	$2,366,882
10	Connecticut Trust For Historic Preservation	940 Whitney Ave, Hamden, CT 06517-4002	CT	1976-07	$2,136,363
11	National Society Of The Colonial Dames Of America Inthe Commonwealh, Pennsylvania State Socirety Colonial Dames Of The Seventh Century	34 White Birch Road, Dalton, PA 18414	PA	1973-01	$1,271,269
12	The Woodrow Wilson Presidential Library Foundation	PO BOX 24, Staunton, VA 24402-0024	VA	1939-10	$1,139,807
13	Visalian Friends Of The Fox Theatre, Friends Of The Fox Theatre	308 W Main St, Visalia, CA 93291-6243	CA	1997-05	$1,037,129
14	Charter Oak Temple Restoration Association Inc	21 Charter Oak Ave, Hartford, CT 06106-1801	CT	1981-04	$876,789
15	Washington Trust For Historic Preservation	1204 Minor Ave, Seattle, WA 98101-2825	WA	1977-05	$663,910
16	Wallingford Historic Preservation Trust Inc	54 N Elm St, Wallingford, CT 06492-3802	CT	1996-11	$142,965
17	Salmon Brook Historical Society Incorporated	PO BOX 57, North Granby, CT 06060-0057	CT	1966-11	$60,986
18	Amistad Committee Inc	PO BOX 2936, New Haven, CT 06515-0036	CT	1990-07	$58,181
19	Brigade Of The American Revolution	9 Hidden Meadow Ln, New Canaan, CT 06840-2703	CT	1970-02	$47,032
20	The Guilford Preservation Alliance Inc	PO BOX 199, Guilford, CT 06437-0199	CT	1983-06	$37,334

Number of organizations performing similar types of work

Alaska	3
Alabama	6
Arkansas	5
Arizona	5
California	30
Colorado	6
Connecticut	17
District of Columbia	13
Delaware	5
Florida	11
Georgia	14
Hawaii	4
Iowa	10
Idaho	1
Illinois	15
Indiana	13
Kansas	8
Kentucky	11
Louisiana	7
Massachusetts	20
Maryland	12
Maine	11
Michigan	9
Minnesota	7
Missouri	13

Mississippi	7
Montana	3
North Carolina	14
North Dakota	1
Nebraska	2
New Hampshire	4
New Jersey	10
New Mexico	2
New York	53
Ohio	24
Oklahoma	5
Oregon	10
Pennsylvania	33
Rhode Island	8
South Carolina	7
South Dakota	3
Tennessee	9
Texas	30
Utah	3
Virginia	26
Vermont	7
Washington	11
Wisconsin	12
West Virginia	8

Total

548

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