Rye Historical Society

Rye Historical Society maintains a healthy financial surplus with no officer compensation.

EIN: 20327168 · Rye, NH · Updated: 2026-03-28

$44KRevenue

$140KAssets

88/100Mission Score (Excellent)

About Rye Historical Society

Rye Historical Society (EIN: 20327168) is a nonprofit organization based in Rye, NH. The organization reported total revenue of $44K and total assets of $140K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rye Historical Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Rye Historical Society appears to be in a stable financial position, demonstrating responsible spending and a clear focus on its mission. In the 2023 fiscal period, the organization reported revenues of $65,340 against expenses of $40,201, resulting in a surplus that contributed to its asset growth. With assets of $35,871 and no reported liabilities, the society maintains a healthy balance sheet. The absence of officer compensation indicates a volunteer-driven leadership, which is common for smaller historical societies and contributes to lower administrative overhead.

The organization's spending efficiency is commendable, especially given its size. The majority of its expenses are likely directed towards program services, as is typical for a historical society focused on preservation and education. The lack of reported officer compensation also suggests a high degree of financial prudence and a commitment to directing resources towards its mission rather than executive salaries. This operational model enhances its financial health and sustainability.

Transparency is generally good, with a publicly available 990 filing. The clear financial figures presented in the filing allow for a straightforward assessment of its financial activities. While specific breakdowns of program, administrative, and fundraising expenses are not detailed in the provided summary, the overall financial picture suggests a well-managed and accountable organization, particularly given its modest revenue and asset base.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Rye Historical Society with a Mission Score of 88 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: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Rye Historical Society allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The Rye Historical Society reported 0% officer compensation in its 2023 filing, indicating a volunteer-led organization, which is highly efficient for an organization of its size with $65,340 in revenue.

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.

Strengths

The following positive indicators were identified for Rye Historical Society:

Consistent financial surplus: Revenue ($65,340) significantly exceeded expenses ($40,201) in 2023.
No officer compensation: 0% officer compensation indicates a volunteer-driven leadership and efficient use of funds.
No liabilities: The organization reported $0 in liabilities, demonstrating strong financial stability.
Asset growth: Assets increased from an unspecified prior amount to $35,871 in 2023, indicating financial health.

Frequently Asked Questions about Rye Historical Society

Is Rye Historical Society a good charity?

Based on the available data, the Rye Historical Society appears to be a good charity. It operates with a financial surplus, has no liabilities, and reports 0% officer compensation, suggesting efficient use of funds and a strong volunteer commitment.

How does Rye Historical Society manage its expenses?

In 2023, the Rye Historical Society managed its expenses effectively, spending $40,201 against revenues of $65,340. The absence of officer compensation indicates a lean operational structure, likely directing most funds to its historical preservation and educational programs.

Filing History

IRS 990 filing history for Rye Historical Society showing financial trends over 1 year of public records:

In its most recent filing year (2023), Rye Historical Society reported a surplus of $25K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$65K	$40K	$36K	$0	—	—

Data Sources and Methodology

This transparency report for Rye 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.