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FLORENCE GRISWOLD MUSEUM INC

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Public IRS 990 nonprofit record

FLORENCE GRISWOLD MUSEUM INC

EIN 06-6062157 · Arts, Culture & Humanities (A82Z)

What they do

THE FLORENCE GRISWOLD MUSEUM SEEKS to PROMOTE A GREATER UNDERSTANDING of CONNECTICUTS CONTRIBUTION to AMERICAN ART and HISTORY THROUGH PUBLIC EXHIBITIONS and EDUCATIONAL PROGRAMS.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $63.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders29 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

88.85%of revenue went to mission work63.9% of expenses · Program services
20.93%of revenue went to fundraising15.1% of expenses
$138.98spent for every $100 of revenueSpending was higher than revenue this year.
29.20%of revenue went to management and office costs21.0% of expenses
$8.06in assets for every $1 spent this yearSome assets cannot be spent right away.
51.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $1,292,559 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $205,620 for JOSHUA CAMPBELL TORRANCE (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$3,316,214
Mission workProgram services$2,946,37688.85% of revenue63.9% of expenses
ManagementOffice and general costs$968,29329.20% of revenue21.0% of expenses
FundraisingAsking for donations$694,10420.93% of revenue15.1% of expenses
Total expenses$4,608,773138.98% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 63.9% mission · 21.0% management · 15.1% fundraisingTotal expenses: 138.98% of revenue
2023Expense mix: 52.3% mission · 35.0% management · 12.7% fundraisingTotal expenses: 83.30% of revenue
2022Expense mix: 71.8% mission · 17.2% management · 10.9% fundraisingTotal expenses: 39.21% of revenue
2021Expense mix: 67.8% mission · 19.5% management · 12.7% fundraisingTotal expenses: 115.99% of revenue
2020Expense mix: 66.5% mission · 20.2% management · 13.3% fundraisingTotal expenses: 120.57% of revenue
2019Expense mix: 72.0% mission · 16.3% management · 11.6% fundraisingTotal expenses: 115.18% of revenue
2018Expense mix: 64.8% mission · 21.5% management · 13.6% fundraisingTotal expenses: 108.77% of revenue
2017Expense mix: 68.1% mission · 20.1% management · 11.8% fundraisingTotal expenses: 71.85% of revenue

Money in and money out

Revenue$3,316,214
Expenses$4,608,773
Annual shortfall $1,292,559 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,946,376 · 63.9% of expenses
Management and office costs$968,293 · 21.0% of expenses
Fundraising$694,104 · 15.1% of expenses
See all reported dollar amounts
Revenue$3,316,214
Expenses$4,608,773
Assets$37,145,927
Income$8,332,223
Contributions$1,708,502
Mission work (program services)$2,946,376
Fundraising$694,104
Management and general$968,293
Stocks and bonds$22,738,948
Accounting fees$129,695
Investing fees$83,864
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
JOSHUA CAMPBELL TORRANCEEXECUTIVE DIRECTOR · 40 hrs/week $205,620Base $195,829 · Other $9,791
DAVID RAUDIRECTOR OF EDUCATION & OU · 40 hrs/week $156,415Base $118,700 · Other $37,715
MATT STREKELDIRECTOR OF DEVELOPMENT · 40 hrs/week $148,113Base $115,855 · Other $32,258

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (29)

JOSHUA CAMPBELL TORRANCEEXECUTIVE DIRECTOR

DAVID RAUDIRECTOR OF EDUCATION & OU

MATT STREKELDIRECTOR OF DEVELOPMENT

VALERIE KOIFBOARD MEMBER

BARBARA HARMSVICE CHAIR

TIMOTHY MCLAUGHLINBOARD MEMBER

SUSAN CARTLEDGEBOARD MEMBER

SALLY LAWRENCEBOARD MEMBER

ROB WILBERBOARD MEMBER

PAUL HOLTBOARD MEMBER

PATRICK GINGRASBOARD MEMBER

MARYBETH MARXBOARD MEMBER

MARY ANN RUMNEY BESIERBOARD MEMBER

LEE PRITCHARDBOARD MEMBER

KEVIN MCGLINCHEYBOARD MEMBER

KAY KNIGHT CLARKETREASURER

KATIE TUTTLEBOARD MEMBER

JONATHAN COHENBOARD MEMBER

JEFFREY W COOLEYBOARD MEMBER

JANE RAPPORTBOARD SECRETARY

JAC LAHAVBOARD MEMBER

FRANK W TED HAMILTON IIIBOARD MEMBER

DIANNE EMBREEBOARD MEMBER

DEBORAH MOORECHAIR

DAVID W DANGREMONDBOARD MEMBER

CHARLES T CLARKBOARD MEMBER

CAROLYN WAKEMANBOARD MEMBER

CARLA DARISTABOARD MEMBER

BARBARA SMITHBOARD MEMBER

About this charity

Recognized since
January 1946
Location
96 LYME ST, OLD LYME, CT 06371-1426
County
New London
In care of
PETER STEERE
Primary officer
PETER STEERE, INTERIM EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Phone(860) 434-5542

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
CLIFTONLARSONALLEN
NTEE classification
Arts, Culture & Humanities (A82Z)

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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