Bennington Historical Society
Bennington Historical Society: Declining Revenue, Strong Asset Base
EIN: 222566814 · Bennington, NH · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Expenses | $91K |
| Program Spending | 70% |
| Net Assets | $249K |
| Transparency Score | 65/100 |
Is Bennington Historical Society Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bennington Historical Society directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Bennington Historical Society
Bennington Historical Society (EIN: 222566814) is a nonprofit organization based in Bennington, NH. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bennington Historical Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bennington Historical Society is a micro nonprofit that has been operating for 39 years, with 2 years of IRS 990 filings on record (2019–2020). Revenue has grown at a compound annual rate of -95.5%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $13K |
| Total Expenses | $91K |
| Surplus / Deficit | $-78,046 |
| Total Assets | $249K |
| Net Assets | $249K |
| Operating Margin | -601.9% |
| Months of Reserves | 32.8 months |
Financial Health Grade: B
In 2020, Bennington Historical Society reported a deficit of $78K with expenses exceeding revenue, holds 32.8 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2019–2020), Bennington Historical Society's revenue has declined at a compound annual growth rate (CAGR) of -95.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -95.5% | +41.1% | -36.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bennington Historical Society with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Bennington Historical Society allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $78K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation cannot be assessed as no specific compensation figures are available in the provided data.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Bennington Historical Society's IRS 990 filings:
- Significant drop in revenue from $287,295 in 2019 to $12,966 in 2020 raises concerns about financial sustainability.
- Expenses ($91,012) far exceeded revenue ($12,966) in 2020, indicating operational losses.
Strengths
The following positive indicators were identified for Bennington Historical Society:
- Maintains a solid asset base of $248,549 in 2020, providing some financial cushion.
- No reported liabilities in either 2019 or 2020, indicating a debt-free status.
Frequently Asked Questions about Bennington Historical Society
Is Bennington Historical Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Bennington Historical Society (EIN: 222566814) some concerns. Mission Score: 65/100. 2 red flags identified, 2 strengths noted.
How does Bennington Historical Society spend its money?
Bennington Historical Society directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bennington Historical Society tax-deductible?
Bennington Historical Society is registered as a tax-exempt nonprofit (EIN: 222566814). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Bennington Historical Society's spending goes to programs?
Bennington Historical Society directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Bennington Historical Society located?
Bennington Historical Society is headquartered in Bennington, New Hampshire and files with the IRS under EIN 222566814.
How many years of IRS 990 filings does Bennington Historical Society have?
Bennington Historical Society has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
What does Bennington Historical Society do?
Bennington Historical Society is a nonprofit organization in the Unknown sector, located in Bennington, New Hampshire. It is classified under NTEE code Unknown.
How much revenue does Bennington Historical Society have?
Bennington Historical Society reported total revenue of N/A. Based on 2 IRS 990 filings on record.
What are Bennington Historical Society's total assets?
Bennington Historical Society holds total assets of N/A as reported in IRS 990 filings.
Where is Bennington Historical Society located?
Bennington Historical Society is based in Bennington, New Hampshire.
What is Bennington Historical Society's EIN?
Bennington Historical Society's Employer Identification Number (EIN) is 222566814. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Bennington Historical Society?
Bennington Historical Society is classified under NTEE code Unknown (Unknown).
Is Bennington Historical Society a registered 501(c)(3)?
Bennington Historical Society appears in IRS records (EIN: 222566814). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Bennington Historical Society file IRS Form 990?
Yes, Bennington Historical Society has 2 IRS Form 990 filings on record. The most recent covers tax period 202008.
What was Bennington Historical Society's revenue in 2020?
In the 202008 filing period, Bennington Historical Society reported total revenue of $12,966, total expenses of $91,012, and net assets of $248,549.
Is Bennington Historical Society's revenue growing or declining?
Bennington Historical Society's revenue is declining. Revenue went from $287,295 (201908) to $12,966 (202008), a -95.5% change.
What is Bennington Historical Society's most recent 990 filing?
The most recent IRS Form 990 filing for Bennington Historical Society covers tax period 202008. It shows revenue of $12,966, expenses of $91,012, total assets of $248,549, and liabilities of N/A.
How much does Bennington Historical Society spend on programs vs administration?
Based on IRS 990 analysis, Bennington Historical Society allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Bennington Historical Society a trustworthy charity?
Based on AI analysis of IRS 990 data, Bennington Historical Society shows mixed signals. Mission Score: 65/100 (Good). 2 red flags identified. 2 strengths noted.
What are the red flags for Bennington Historical Society?
The following concerns were identified: Significant drop in revenue from $287,295 in 2019 to $12,966 in 2020 raises concerns about financial sustainability.. Expenses ($91,012) far exceeded revenue ($12,966) in 2020, indicating operational losses.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Bennington Historical Society's strengths?
Positive indicators for Bennington Historical Society include: Maintains a solid asset base of $248,549 in 2020, providing some financial cushion.. No reported liabilities in either 2019 or 2020, indicating a debt-free status.. These findings are derived from AI analysis of the organization's financial filings.
How does Bennington Historical Society compensate executives?
Executive compensation cannot be assessed as no specific compensation figures are available in the provided data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What factors contributed to the drastic 95% decline in revenue from 2019 to 2020, and what measures are being taken to address this trend?
The provided data does not specify the reasons for the revenue decline, but it is a critical area for further investigation to understand the organization's financial health and future viability.
Filing History
IRS 990 filing history for Bennington Historical Society showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2019–2020), Bennington Historical Society's revenue has declined by 95.5%, moving from $287K to $13K. Total assets decreased by 36.7% over the same period, from $393K to $249K. Total functional expenses rose by 41.1%, from $65K to $91K. In its most recent filing year (2020), Bennington Historical Society reported a deficit of $78K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $13K | $91K | $249K | $0 | — | View 990 |
| 2019 | $287K | $65K | $393K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bennington Historical Society:
Data Sources and Methodology
This transparency report for Bennington Historical Society is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.