New Hampshire Historical Society
New Hampshire Historical Society maintains substantial assets despite fluctuating revenues and recent operating deficit.
EIN: 20233250 · Concord, NH · NTEE: A540 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.5M |
| Total Expenses | $2.5M |
| Program Spending | 75% |
| Net Assets | $25.2M |
| Transparency Score | 78/100 |
Is New Hampshire Historical Society Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Hampshire Historical Society directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Hampshire Historical Society
New Hampshire Historical Society (EIN: 20233250) is a nonprofit organization based in Concord, NH, classified under NTEE code A540. The organization reported total revenue of $4.5M and total assets of $28.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Hampshire Historical Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Hampshire Historical Society is a mid-size nonprofit that has been operating for 81 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $2.5M |
| Surplus / Deficit | $-754,255 |
| Total Assets | $25.8M |
| Total Liabilities | $546K |
| Net Assets | $25.2M |
| Operating Margin | -43.6% |
| Debt-to-Asset Ratio | 2.1% |
| Months of Reserves | 124.4 months |
Financial Health Grade: B
In 2023, New Hampshire Historical Society reported a deficit of $754K with expenses exceeding revenue, holds 124.4 months of operating reserves (strong position), has a debt-to-asset ratio of 2.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), New Hampshire Historical Society's revenue has declined at a compound annual growth rate (CAGR) of -0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -61.7% | +13.1% | +1.7% |
| 2022 | +115.0% | +6.5% | -6.8% |
| 2021 | +57.4% | -3.2% | +12.6% |
| 2020 | -62.3% | +1.7% | +0.2% |
| 2019 | +45.4% | -0.5% | +0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1945 |
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 New Hampshire Historical Society with a Mission Score of 78 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: 75%
- fundraising: 10%
According to IRS 990 filings, New Hampshire Historical Society allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $754K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.1%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available filings is unusual for an organization of this size and asset base, suggesting either a fully volunteer executive leadership or that executive compensation is categorized differently, which could obscure a complete picture of leadership costs.
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 New Hampshire Historical Society's IRS 990 filings:
- Operating deficit in the latest fiscal period (202309) where expenses exceeded revenue by $754,255.
- Significant year-over-year revenue volatility, making financial planning potentially challenging.
- Unclear executive compensation reporting (0% officer comp) for an organization with nearly $29M in assets.
Strengths
The following positive indicators were identified for New Hampshire Historical Society:
- Strong and growing asset base, reaching $28,586,469, providing financial stability.
- History of successful fundraising years, such as 202209 with over $4.5M in revenue.
- Consistent program focus as indicated by its NTEE code A540 (Historical Societies & Museums).
Frequently Asked Questions about New Hampshire Historical Society
Is New Hampshire Historical Society a legitimate charity?
Based on AI analysis of IRS 990 filings, New Hampshire Historical Society (EIN: 20233250) some concerns. Mission Score: 78/100. 3 red flags identified, 3 strengths noted.
How does New Hampshire Historical Society spend its money?
New Hampshire Historical Society directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New Hampshire Historical Society tax-deductible?
New Hampshire Historical Society is registered as a tax-exempt nonprofit (EIN: 20233250). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of New Hampshire Historical Society's spending goes to programs?
New Hampshire Historical Society directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does New Hampshire Historical Society compare to similar nonprofits?
With a transparency score of 78/100 (Good), New Hampshire Historical Society is above average for NTEE category A540 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New Hampshire Historical Society located?
New Hampshire Historical Society is headquartered in Concord, New Hampshire and files with the IRS under EIN 20233250. It is classified under NTEE code A540.
How many years of IRS 990 filings does New Hampshire Historical Society have?
New Hampshire 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 $4.5M in total revenue.
Is the New Hampshire Historical Society financially sustainable given recent deficits?
While the 202309 filing shows a deficit of over $750,000, the organization has substantial assets of $28,586,469 and has experienced significant revenue surpluses in prior years (e.g., 202209). Its long-term sustainability appears supported by its asset base, though consistent deficits would be a concern.
How does the organization fund its operations given fluctuating revenues?
The organization likely relies on a combination of endowment income from its substantial assets, grants, donations, and program service fees. The significant swings in reported revenue suggest a reliance on larger, less predictable funding sources or successful fundraising campaigns in certain years.
What is the reason for 0% officer compensation reported across all filings?
This could indicate that the organization's top officers are volunteers, or that their compensation is reported under other expense lines (e.g., salaries and wages for all employees) rather than specifically as 'officer compensation' on the 990, which would require further investigation for clarity.
Filing History
IRS 990 filing history for New Hampshire Historical Society showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Hampshire Historical Society's revenue has declined by 6.2%, moving from $1.8M to $1.7M. Total assets increased by 66.4% over the same period, from $15.5M to $25.8M. Total functional expenses rose by 26%, from $2.0M to $2.5M. In its most recent filing year (2023), New Hampshire Historical Society reported a deficit of $754K, with expenses exceeding revenue. The organization holds $546K in liabilities against $25.8M in assets (debt-to-asset ratio: 2.1%), resulting in net assets of $25.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $2.5M | $25.8M | $546K | — | — |
| 2022 | $4.5M | $2.2M | $25.3M | $211K | — | — |
| 2021 | $2.1M | $2.1M | $27.2M | $454K | — | View 990 |
| 2020 | $1.3M | $2.1M | $24.1M | $519K | — | View 990 |
| 2019 | $3.5M | $2.1M | $24.1M | $359K | — | View 990 |
| 2018 | $2.4M | $2.1M | $23.9M | $1.8M | — | View 990 |
| 2017 | $1.8M | $2.0M | $23.1M | $1.6M | — | View 990 |
| 2016 | $1.1M | $2.1M | $21.6M | $875K | — | View 990 |
| 2015 | $2.6M | $2.0M | $21.8M | $865K | — | View 990 |
| 2014 | $4.4M | $2.1M | $22.2M | $789K | — | View 990 |
| 2013 | $2.9M | $1.9M | $19.8M | $850K | — | View 990 |
| 2012 | $2.5M | $1.9M | $17.6M | $678K | — | View 990 |
| 2011 | $1.8M | $2.0M | $15.5M | $509K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $2.5M, and assets of $25.8M (revenue -61.7% year-over-year).
- 2022: Revenue of $4.5M, expenses of $2.2M, and assets of $25.3M (revenue +115.0% year-over-year).
- 2021: Revenue of $2.1M, expenses of $2.1M, and assets of $27.2M (revenue +57.4% year-over-year).
- 2020: Revenue of $1.3M, expenses of $2.1M, and assets of $24.1M (revenue -62.3% year-over-year).
- 2019: Revenue of $3.5M, expenses of $2.1M, and assets of $24.1M (revenue +45.4% year-over-year).
- 2018: Revenue of $2.4M, expenses of $2.1M, and assets of $23.9M (revenue +36.7% year-over-year).
- 2017: Revenue of $1.8M, expenses of $2.0M, and assets of $23.1M (revenue +60.8% year-over-year).
- 2016: Revenue of $1.1M, expenses of $2.1M, and assets of $21.6M (revenue -57.2% year-over-year).
- 2015: Revenue of $2.6M, expenses of $2.0M, and assets of $21.8M (revenue -40.8% year-over-year).
- 2014: Revenue of $4.4M, expenses of $2.1M, and assets of $22.2M (revenue +52.4% year-over-year).
- 2013: Revenue of $2.9M, expenses of $1.9M, and assets of $19.8M (revenue +17.1% year-over-year).
- 2012: Revenue of $2.5M, expenses of $1.9M, and assets of $17.6M (revenue +33.4% year-over-year).
- 2011: Revenue of $1.8M, expenses of $2.0M, and assets of $15.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Hampshire Historical Society:
Data Sources and Methodology
This transparency report for New Hampshire 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.