Historic Worthington Inc

Organization Overview

Historic Worthington Inc is located in Worthington, MN. The organization was established in 2004. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2019, Historic Worthington Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Historic Worthington Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2019, Historic Worthington Inc generated $79.3k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $122.8k during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

PRESERVATION EFFORTS OF HISTORICAL AND CULTURAL LANDMARKS TO HELPFOSTER INTEREST FROM THE COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FUNDRAISING EVENTS TO PRESERVE HISORICAL AND CULUTURAL LANDMARKS


FUNDRAISING EVENTS TO PRESERVE HISORICAL AND CULUTURAL LANDMARKS


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Board, Officers & Key Employees

Name (title)Compensation
Paula Stock
Chairperson
$0
Nancy Veen
Vice Chairperson
$0
Nick Ahrens
Director
$0
Roger Lester
Director
$0
Jill Cuperus
Director
$0
Denise Schlichte
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$11,250
Fundraising events$12,377
Related organizations$0
Government grants $1,000
All other contributions, gifts, grants, and similar amounts not included above$2,239
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$26,866
Total Program Service Revenue$28,988
Investment income $26,441
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$4,936
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $1,934
Miscellaneous Revenue$0
Total Revenue $79,293

Endowment Analysis

Beg. Balance$533,998
Earnings$85,400
Ending Balance$619,398

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