Staten Island Historical Society Inc
Staten Island Historical Society maintains stable assets despite recurring operational deficits and reports no officer compensation.
EIN: 131985514 · Staten Island, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.9M |
| Total Expenses | $2.6M |
| Program Spending | 85% |
| Net Assets | $2.8M |
| Transparency Score | 85/100 |
Is Staten Island Historical Society Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Staten Island Historical Society Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Staten Island Historical Society Inc
Staten Island Historical Society Inc (EIN: 131985514) is a nonprofit organization based in Staten Island, NY. The organization reported total revenue of $2.9M and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Staten Island Historical Society Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Staten Island Historical Society Inc is a mid-size nonprofit that has been operating for 82 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $2.6M |
| Surplus / Deficit | $-275,036 |
| Total Assets | $3.1M |
| Total Liabilities | $296K |
| Net Assets | $2.8M |
| Operating Margin | -11.7% |
| Debt-to-Asset Ratio | 9.5% |
| Months of Reserves | 14.2 months |
Financial Health Grade: B
In 2023, Staten Island Historical Society Inc reported a deficit of $275K with expenses exceeding revenue, holds 14.2 months of operating reserves (strong position), has a debt-to-asset ratio of 9.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Staten Island Historical Society Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.0% | +9.1% | -3.6% |
| 2022 | +18.4% | +46.7% | -13.1% |
| 2021 | +14.6% | -11.2% | +18.7% |
| 2020 | -24.4% | -6.3% | -2.3% |
| 2019 | +29.1% | +4.4% | +7.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1944 |
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 Staten Island Historical Society Inc with a Mission Score of 85 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, Staten Island Historical Society Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $275K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating either that executive roles are unpaid or that compensation is not reported in a way that is captured as 'officer compensation' in this summary. This suggests a strong commitment to directing financial resources towards the organization's mission rather than executive salaries.
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 Staten Island Historical Society Inc's IRS 990 filings:
- Recurring operational deficits (e.g., 202306, 202206, 202006) where expenses exceed revenue.
- NTEE code is unknown, hindering direct comparison to peer organizations.
Strengths
The following positive indicators were identified for Staten Island Historical Society Inc:
- Consistent reporting of 0% officer compensation, indicating strong resource allocation towards mission.
- Maintains a healthy and stable asset base (around $3 million) providing financial stability.
- Long history of IRS 990 filings (13 filings), suggesting consistent operation and transparency.
Frequently Asked Questions about Staten Island Historical Society Inc
Is Staten Island Historical Society Inc a legitimate charity?
Staten Island Historical Society Inc (EIN: 131985514) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.9M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Staten Island Historical Society Inc spend its money?
Staten Island Historical Society Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Staten Island Historical Society Inc tax-deductible?
Staten Island Historical Society Inc is registered as a tax-exempt nonprofit (EIN: 131985514). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Staten Island Historical Society Inc's spending goes to programs?
Staten Island Historical Society Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Staten Island Historical Society Inc located?
Staten Island Historical Society Inc is headquartered in Staten Island, New York and files with the IRS under EIN 131985514.
How many years of IRS 990 filings does Staten Island Historical Society Inc have?
Staten Island Historical Society Inc 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 $2.9M in total revenue.
How does the organization cover its recurring operational deficits?
The organization has experienced several years where expenses exceeded revenue (e.g., 202306, 202206, 202006). It likely draws from its substantial asset base, which has consistently been around $3 million, to cover these shortfalls, or relies on other non-operating income sources not detailed in this summary.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. This information would be crucial for a more precise assessment of spending efficiency.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% officer compensation across all filings suggests that the organization's leadership may be entirely volunteer-based, or that compensation for key employees is categorized differently and not reported under 'Officer Comp' in the provided summary.
What is the NTEE code for this organization?
The NTEE code for the Staten Island Historical Society Inc. is currently unknown based on the provided data. This code would help classify its primary activities and compare it to similar organizations.
Filing History
IRS 990 filing history for Staten Island Historical Society Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Staten Island Historical Society Inc's revenue has grown by 24.5%, moving from $1.9M to $2.3M. Total assets increased by 17.5% over the same period, from $2.6M to $3.1M. Total functional expenses rose by 14.7%, from $2.3M to $2.6M. In its most recent filing year (2023), Staten Island Historical Society Inc reported a deficit of $275K, with expenses exceeding revenue. The organization holds $296K in liabilities against $3.1M in assets (debt-to-asset ratio: 9.5%), resulting in net assets of $2.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $2.6M | $3.1M | $296K | — | — |
| 2022 | $2.4M | $2.4M | $3.2M | $252K | — | View 990 |
| 2021 | $2.0M | $1.6M | $3.7M | $323K | — | — |
| 2020 | $1.8M | $1.8M | $3.1M | $394K | — | View 990 |
| 2019 | $2.3M | $2.0M | $3.2M | $182K | — | View 990 |
| 2018 | $1.8M | $1.9M | $3.0M | $287K | — | View 990 |
| 2017 | $2.1M | $2.1M | $3.0M | $214K | — | View 990 |
| 2016 | $2.0M | $2.3M | $3.1M | $250K | — | View 990 |
| 2015 | $1.9M | $2.0M | $3.5M | $326K | — | View 990 |
| 2014 | $3.2M | $1.9M | $3.8M | $373K | — | View 990 |
| 2013 | $1.9M | $1.9M | $2.2M | $174K | — | View 990 |
| 2012 | $1.8M | $2.1M | $2.2M | $353K | — | View 990 |
| 2011 | $1.9M | $2.3M | $2.6M | $359K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $2.6M, and assets of $3.1M (revenue -2.0% year-over-year).
- 2022: Revenue of $2.4M, expenses of $2.4M, and assets of $3.2M (revenue +18.4% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.6M, and assets of $3.7M (revenue +14.6% year-over-year).
- 2020: Revenue of $1.8M, expenses of $1.8M, and assets of $3.1M (revenue -24.4% year-over-year).
- 2019: Revenue of $2.3M, expenses of $2.0M, and assets of $3.2M (revenue +29.1% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.9M, and assets of $3.0M (revenue -12.1% year-over-year).
- 2017: Revenue of $2.1M, expenses of $2.1M, and assets of $3.0M (revenue +2.2% year-over-year).
- 2016: Revenue of $2.0M, expenses of $2.3M, and assets of $3.1M (revenue +5.7% year-over-year).
- 2015: Revenue of $1.9M, expenses of $2.0M, and assets of $3.5M (revenue -41.3% year-over-year).
- 2014: Revenue of $3.2M, expenses of $1.9M, and assets of $3.8M (revenue +74.0% year-over-year).
- 2013: Revenue of $1.9M, expenses of $1.9M, and assets of $2.2M (revenue +4.9% year-over-year).
- 2012: Revenue of $1.8M, expenses of $2.1M, and assets of $2.2M (revenue -5.8% year-over-year).
- 2011: Revenue of $1.9M, expenses of $2.3M, and assets of $2.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Staten Island Historical Society Inc:
Data Sources and Methodology
This transparency report for Staten Island Historical Society Inc 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.