Chippewa County Historical Society Inc
- Assets
- $4.8m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 1
- Location
- Chippewa Falls, WI
- Founding
- 05/1971
- Data as of
- 12/2021
- EIN
- 23-7108082
Organization Overview
Chippewa County Historical Society Inc, operating under the name Chippewa County Historical Soc, is located in Chippewa Falls, WI. The organization was established in 1971. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, 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. Chippewa County Historical Soc 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 12/2021, Chippewa County Historical Soc generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 54.1% each year . All expenses for the organization totaled $106.2k during the year ending 12/2021. While expenses have increased by 10.5% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
HISTORICAL PRESERVATION OF ARTIFACTS FROM THE CHIPPEWA VALLEY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESERVES AND MAINTAINS CHIPPEWA COUNTY HISTORICAL ARTIFACTS AND PROMOTE EDUCATION AND RESEARCH TO BOTH THE PUBLIC AND SCHOOL CHILDREN THROUGH ITS LIBRARY, TOURS, AND EXHIBITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Gordon President | Officer | 0 | $0 |
David Raihle Jr Vice President | Officer | 0 | $0 |
Diane Hopkins Whelan Treasurer | Officer | 0 | $0 |
Joe Niese Director | Trustee | 0 | $0 |
Jim Lindberg Director | Trustee | 0 | $0 |
Cathy Turner Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $5,725 |
| Fundraising events | $8,476 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,221,032 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,235,233 |
| Total Program Service Revenue | $13,085 |
| Investment income | $43,319 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,291,637 |
| 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 | $52,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,723 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,048 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,488 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,151 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,116 |
| Insurance | $4,374 |
| All other expenses | $19,921 |
| Total functional expenses | $106,155 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,030 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $86,595 |
| 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 | $4,166,949 |
| Investments—publicly traded securities | $471,411 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,208 |
| Total assets | $4,775,193 |
| Accounts payable and accrued expenses | $208,487 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $208,487 |
| Net assets without donor restrictions | $235,790 |
| Net assets with donor restrictions | $4,330,916 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $4,775,193 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Chippewa County Historical Society Inc has recieved totaling $9,490.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Chippewa Chippewa Falls, WI PURPOSE: PAST PASSED HERE PROJECT; AT THE DISCRETION OF THE ORGANIZATION; YOUTH COLOR BOOK FUND; CHIPPEWA AREA HISTORY CENTER | $9,475 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $15 |
Endowment Analysis
| Beg. Balance | $376,828 |
| Earnings | $40,936 |
| Admin Expense | $12,933 |
| Net Contributions | $150 |
| Ending Balance | $404,981 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dubuque County Historical Society Dubuque, IA | $42,203,208 | $9,721,079 |
Heritage Mark Foundation East Lansing, MI | $12,066,077 | $372,589 |
Detroit Historical Society Detroit, MI | $8,852,742 | $2,440,000 |
Carriage Town Ministries Flint, MI | $8,458,686 | $3,709,862 |
Minnesota Landmarks St Paul, MN | $7,312,284 | $2,339,984 |
Friends Of The Chicago River Chicago, IL | $1,960,790 | $1,822,157 |
Midwest Art Conservation Center Inc Minneapolis, MN | $2,125,685 | $1,795,271 |
Iowa Railroad Historical Society Boone, IA | $4,623,282 | $1,830,405 |
Landmarks Preservation Council Chicago, IL | $10,408,115 | $1,991,527 |
Historical Society Of Michigan Lansing, MI | $2,060,475 | $1,664,694 |
Michigan State Tr For Railway Pres Inc Owosso, MI | $6,031,068 | $2,296,352 |
Ramsey County Historical Society Inc Saint Paul, MN | $5,355,556 | $1,137,123 |