Iowa Genealogical Society
- Assets
- $1.1m
- Revenue
- $156.5k
- Investments
- $0.0
- Employees
- 1
- Location
- Des Moines, IA
- Founding
- 06/1971
- Data as of
- 12/2022
- EIN
- 23-7102656
Organization Overview
Iowa Genealogical Society is located in Des Moines, IA. The organization was established in 1971. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iowa Genealogical Society 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 12/2022, Iowa Genealogical Society generated $156.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $134.0k during the year ending 12/2022. While expenses have increased by 5.0% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE ITS MEMBERS AND THE GENERAL PUBLIC THROUGH THE PRESERVATION ACQUISITION AND DISSEMINATION OF GENEALOGICAL HISTORICAL AND CULTURAL INFORMATION INCLUDING THE MAINTENANCE OF A RESEARCH LIBRARY THE PUBLICATION OF RECORDS AND THE PRESENTATION OF CONFERENCES WORKSHOPS AND CLASSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOCIETY MAINTAINS A GENEALOGICAL RESEARCH FACILITY WITH OVER 15,000 BOOKS 11,000 MICROFORMS AND 6,000 PERIODICALS. THE LIBRARY HAS 8 COMPUTER STATIONS WITH INTERNET ACCESS FOR PATRON USE AS WELL AS WIRELESS INTERNET ACCESS FOR TO ACCESS ONLINE DATA BASES. THE LIBRARY PAYS FOR AN INSTITUTIONAL SUBSCRIPTION TO ANCESTRY.COM FOR PATRON USE. THE LIBRARY IS AN AFFILIATE OF THE FAMILY HISTORY LIBRARY IN SALT LAKE CITY ALLOWING IGS PATRONS ACCESS TO SPECIALIZED RECORD COLLECTIONS. VOLUNTEERS WHO ARE EXPERIENCED RESEARCHERS ARE AVAILABLE TO HELP LIBRARY PATRONS. THE LIBRARY IS OPEN 6 DAYS A WEEK FOR A TOTAL OF 46 HOURS PER WEEK.
THE SOCIETY PRESENTED 2 MAJOR CONFERENCES DURING THE YEAR WITH NATIONALLY RECOGNIZED SPEAKERS ON VARIOUS TOPICS WITH AN APPROXIMATE TOTAL ATTENDANCE OF 180. THE CONFERENCE AND OTHER CLASSES WERE DONE IN PERSON AND ALSO VIA ZOOM WHICH MADE THEM AVAILABLE TO PEOPLE NOT IN THE DES MOINES AREA. ATTENDANCE INCREASED APPRECIABLY. EACH MONTH THERE ARE FREE BEGINNING GENEALOGY CLASSES AS WELL AS CLASSES ON SPECIALIZED TOPICS WITH AN AVERAGE ATTENDANCE OF 18 PER CLASS. THESE CLASSES ARE OPEN TO THE PUBLIC. THERE ARE MONTHLY MEETINGS OF RESEARCHERS INTERESTED IN SPECIFIC NATIONALITIES AND SOFTWARE AS WELL AS DNA RESEARCH AND PUBLISHING. THE AVERAGE MONTHLY ATTENDANCE FOR THE COMBINED MEETINGS WAS 130. A BI-MONTHLY NEWSLETTER AND BI-WEEKLY EMAIL UPDATE ARE SENT TO ALL MEMBERS AS WELL AS OTHER INTERESTED INDIVIDUALS AND ORGANIZATIONS. THE SOCIETY MAINTAINS A FACEBOOK PAGE TO SHARE INFORMATION. A BI-ANNUAL PUBLICATION WITH GENEALOGICAL INFORMATION IS SENT TO ALL MEMBERS. VOLUNTEERS FROM THE SOCIETY TEACH CLASSES AT LOCAL GENEALOGY SOCIETIES AND LIBRARIES THROUGHOUT THE STATE. IN 2022 THE SOCIETY SPONSORED AN OVERNIGHT BUS TRIP FOR MEMBERS TO THE MIDWEST GENEALOGY CENTER IN INDEPENDENCE MISSOURI.
SALES OF FORMS AND PRODUCTS OF GENEALOGICAL NATURE AS WELL AS THE SALE OF SOFT DRINKS TO LIBRARY PATRONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandra Bengstrom Regional Representative | Trustee | 1 | $0 |
Bill Akason Regional Representative | Trustee | 1 | $0 |
Pat Border Regional Representative | Trustee | 1 | $0 |
Judi Pohorsky Regional Representative | Trustee | 1 | $0 |
Mary Ealy Regional Representative | Trustee | 1 | $0 |
Deborah Barker Regional Representative | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $29,175 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $7,607 |
| All other contributions, gifts, grants, and similar amounts not included above | $89,219 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $126,001 |
| Total Program Service Revenue | $23,708 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $6,795 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $156,504 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $38,131 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,751 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $572 |
| Office expenses | $499 |
| Information technology | $1,274 |
| Royalties | $0 |
| Occupancy | $16,435 |
| Travel | $2,175 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,504 |
| Interest | $13,886 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,960 |
| Insurance | $7,292 |
| All other expenses | $4,017 |
| Total functional expenses | $134,041 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $86,546 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $644,707 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,747 |
| Other assets | $359,363 |
| Total assets | $1,092,363 |
| Accounts payable and accrued expenses | $1,391 |
| Grants payable | $0 |
| Deferred revenue | $7,530 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $317,708 |
| Unsecured mortgages and notes payable | $66,350 |
| Other liabilities | $0 |
| Total liabilities | $392,979 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $699,384 |
| Total liabilities and net assets/fund balances | $1,092,363 |