Montauk Historical Society
Montauk Historical Society shows strong asset growth and no reported executive compensation, with a recent deficit in 2023.
EIN: 116037082 · Montauk, NY · NTEE: A80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.8M |
| Total Expenses | $2.2M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $4.7M |
| Transparency Score | 90/100 |
Is Montauk Historical Society Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Montauk Historical Society directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Montauk Historical Society
Montauk Historical Society (EIN: 116037082) is a nonprofit organization based in Montauk, NY, classified under NTEE code A80. The organization reported total revenue of $3.8M and total assets of $4.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Montauk Historical Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Montauk Historical Society is a mid-size nonprofit that has been operating for 62 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $2.2M |
| Surplus / Deficit | $-192,180 |
| Total Assets | $4.8M |
| Total Liabilities | $95K |
| Net Assets | $4.7M |
| Operating Margin | -9.4% |
| Debt-to-Asset Ratio | 2.0% |
| Months of Reserves | 25.7 months |
Financial Health Grade: B
In 2023, Montauk Historical Society reported a deficit of $192K with expenses exceeding revenue, holds 25.7 months of operating reserves (strong position), has a debt-to-asset ratio of 2.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Montauk Historical Society's revenue has grown at a compound annual growth rate (CAGR) of 7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.4% | +17.3% | -3.4% |
| 2022 | -34.3% | +23.3% | +2.0% |
| 2021 | +144.5% | +24.4% | +38.7% |
| 2020 | -13.1% | +2.6% | +4.7% |
| 2019 | +6.1% | -4.3% | +10.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1964 |
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 Montauk Historical Society with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Montauk Historical Society allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $192K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization of its size with assets nearing $5 million and annual revenues exceeding $2 million, suggesting a volunteer-led executive structure or compensation is covered by other means.
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 Montauk Historical Society's IRS 990 filings:
- Recent deficit in 2023 ($2,038,376 revenue vs. $2,230,556 expenses) warrants monitoring.
- Unusually low liabilities could indicate aggressive accounting or minimal debt, but also potential reliance on grants/donations rather than loans for major projects.
Strengths
The following positive indicators were identified for Montauk Historical Society:
- Consistent asset growth, reaching $4,772,434 in 2023.
- 0% reported officer compensation across all filings, indicating high efficiency in directing funds to mission.
- Very low liabilities relative to assets, demonstrating strong financial health.
- Consistent filing of IRS 990s over 13 periods, showing good transparency.
- Significant revenue generation, with peaks over $3 million, indicating strong donor support.
Frequently Asked Questions about Montauk Historical Society
Is Montauk Historical Society a legitimate charity?
Montauk Historical Society (EIN: 116037082) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.8M. 2 red flags identified. 5 strengths noted. Financial health grade: B.
How does Montauk Historical Society spend its money?
Montauk Historical Society directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Montauk Historical Society tax-deductible?
Montauk Historical Society is registered as a tax-exempt nonprofit (EIN: 116037082). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Montauk Historical Society CEO make?
Montauk Historical Society's highest-compensated officer earns $5 annually. The organization reported $3.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Montauk Historical Society's spending goes to programs?
Montauk Historical Society directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Montauk Historical Society compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Montauk Historical Society is above average for NTEE category A80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Montauk Historical Society located?
Montauk Historical Society is headquartered in Montauk, New York and files with the IRS under EIN 116037082. It is classified under NTEE code A80.
How many years of IRS 990 filings does Montauk Historical Society have?
Montauk Historical Society has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.8M in total revenue.
Is Montauk Historical Society a good charity?
Based on the available data, the Montauk Historical Society appears to be a good charity. It demonstrates strong financial health with growing assets, very low liabilities, and a notable commitment to directing funds towards its mission by reporting 0% officer compensation. While there was a deficit in 2023, the overall financial trend is positive.
How does Montauk Historical Society manage its executive compensation?
The Montauk Historical Society consistently reports 0% officer compensation in its IRS 990 filings. This suggests that its executive leadership may be entirely volunteer-based or compensated through other entities, which is a significant indicator of efficient resource allocation.
What is the trend in Montauk Historical Society's financial stability?
The Montauk Historical Society shows a strong trend of increasing assets, from $2,909,226 in 2014 to $4,772,434 in 2023. Liabilities remain very low relative to assets, indicating robust financial stability despite some fluctuations in annual revenue and expenses, including a deficit in 2023.
Filing History
IRS 990 filing history for Montauk Historical Society showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Montauk Historical Society's revenue has grown by 131.2%, moving from $882K to $2.0M. Total assets increased by 103.4% over the same period, from $2.3M to $4.8M. Total functional expenses rose by 149.2%, from $895K to $2.2M. In its most recent filing year (2023), Montauk Historical Society reported a deficit of $192K, with expenses exceeding revenue. The organization holds $95K in liabilities against $4.8M in assets (debt-to-asset ratio: 2.0%), resulting in net assets of $4.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $2.2M | $4.8M | $95K | — | — |
| 2022 | $2.0M | $1.9M | $4.9M | $76K | — | View 990 |
| 2021 | $3.1M | $1.5M | $4.8M | $62K | — | View 990 |
| 2020 | $1.3M | $1.2M | $3.5M | $225K | — | View 990 |
| 2019 | $1.4M | $1.2M | $3.3M | $10K | — | View 990 |
| 2018 | $1.4M | $1.3M | $3.0M | $9K | — | View 990 |
| 2017 | $1.2M | $1.3M | $3.0M | $8K | — | View 990 |
| 2016 | $1.2M | $1.1M | $3.0M | $3K | — | View 990 |
| 2015 | $1.2M | $1.2M | $2.9M | $2K | — | View 990 |
| 2014 | $1.2M | $1.0M | $2.9M | $6K | — | View 990 |
| 2013 | $1.1M | $943K | $2.7M | $90 | — | View 990 |
| 2012 | $1.1M | $965K | $2.5M | $41K | — | View 990 |
| 2011 | $882K | $895K | $2.3M | $22K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $2.2M, and assets of $4.8M (revenue +1.4% year-over-year).
- 2022: Revenue of $2.0M, expenses of $1.9M, and assets of $4.9M (revenue -34.3% year-over-year).
- 2021: Revenue of $3.1M, expenses of $1.5M, and assets of $4.8M (revenue +144.5% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.2M, and assets of $3.5M (revenue -13.1% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.2M, and assets of $3.3M (revenue +6.1% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.3M, and assets of $3.0M (revenue +11.4% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.3M, and assets of $3.0M (revenue +2.4% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.1M, and assets of $3.0M (revenue -3.0% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.2M, and assets of $2.9M (revenue +0.2% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.0M, and assets of $2.9M (revenue +8.1% year-over-year).
- 2013: Revenue of $1.1M, expenses of $943K, and assets of $2.7M (revenue +7.8% year-over-year).
- 2012: Revenue of $1.1M, expenses of $965K, and assets of $2.5M (revenue +19.2% year-over-year).
- 2011: Revenue of $882K, expenses of $895K, and assets of $2.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Montauk Historical Society:
Data Sources and Methodology
This transparency report for Montauk 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.