The Wolfville Historical Society is incorporated in Nova Scotia by the Nova Scotia Societies Act.  The Registrar of the NS Joint Stock Companies Act, which administers the Societies Act, keeps on record a current copy of the Society's Memorandum of Association and Bylaws.  Good standing is maintained by payment of an annual renewal fee and by depositing the names and certain personal information concerning the elected and current Officers and Directors of the Society.  The Society is also a Registered Charitable Organization, responsible to the Charities Directorate of Canada Revenue Agency (CRA).  Good standing is maintained by the annual submission of a Financial Report and in particular by demonstrating compliance concerning CRA's  "Disbursement Quota", the statutory minimum amount of the Society's annual income which must be applied to the Society's charitable activity.  The Wolfville Historical Society is managed and administered entirely by its volunteer members and has, to date, consistently exceeded its quota by a very large margin. 

The Society is keenly aware of its obligation to the community and to stakeholders who provide grants and financial support as well as the donating artefacts and papers to the museum's care. The Society is evaluated triennially by the Nova Scotia Museum and is committed to maintaining its current high ranking in the family of provincial community museums.  The management and administration of the Society and of the Randall House Museum is set out in a comprehensive Resource Manual, recently prepared by the Society, which elaborates the duties and responsibilities, practices and procedures of the directors, the staff and the volunteer appointees.  In this way the Society assures excellence, transparency, and accountability in all of its activities and transactions. 

The Organization Chart below illustrates the structure of the Society in the context of its stakeholders.