FLORENCE GRISWOLD MUSEUM INC Charity Report

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

63.9%of expenses went to mission work88.80% of revenue

15.1%of expenses went to fundraising20.90% of revenue

$138.98spent for every $100 of revenueSpending was higher than revenue this year.

21.0%of expenses went to management and office costs29.20% of revenue

$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

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
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.

$100spent

Where each $100 of expenses went

The first percentage is the spending mix. The second compares that amount with the charity’s revenue.

Mission workProgram services63.9% of expenses88.80% of revenue

ManagementOffice and general costs21.0% of expenses29.20% of revenue

FundraisingAsking for donations15.1% of expenses20.90% of revenue

Total expenses139.00% of revenue

Has the pattern changed?

Each bar shows the share of annual spending reported for mission work, management, and fundraising.

202463.9% mission

202352.3% mission

202271.8% mission

202167.8% mission

202066.5% mission

201972.0% mission

201864.8% mission

201768.1% mission

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 STREET, OLD LYME, CT 063711426
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)