Ypsilanti Historical Society Inc
- Assets
- $773.5k
- Revenue
- $82.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Ypsilanti, MI
- Founding
- 03/1973
- Data as of
- 12/2021
- EIN
- 23-7164028
Organization Overview
Ypsilanti Historical Society Inc is located in Ypsilanti, MI. The organization was established in 1973. 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. Ypsilanti Historical Society 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 12/2021, Ypsilanti Historical Society Inc generated $82.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $75.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO GENERATE INTEREST IN THE HISTORY OF THE CITY AND THE YPSILANTI AREA; TO COLLECT, ASSEMBLE, HOUSE AND PRESERVE IN PERMANENT COLLECTIONS MATERIALS RELATING TO SUCH EVENTS AND HISTORY AS MAY BE DETERMINED UPON BY DIRECTORS OF THE SOCIETY AND TO HOLD TITLE TO HISTORICAL PERSONAL AND REAL PROPERTY IN THE NAME OF THE SOCIETY.
Describe the Organization's Program Activity:
PROVIDE HISTORICAL MUSEUM FOR GROUPS AND INDIVIDUALS TO EXPERIENCE LOCAL HISTORICAL ARTIFACTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bette Warren Treasurer | OfficerTrustee | $0 | |
Pattie Harrington Secretary | OfficerTrustee | $0 | |
Alvin Rudisill Vice Preside | OfficerTrustee | $0 | |
Bill Nickels President | OfficerTrustee | $0 | |
Gerald Jennings Trustee | Trustee | $0 | |
Tom Warner Trustee | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $9,130 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,468 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,598 |
| Total Program Service Revenue | $0 |
| Investment income | $20,862 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $13,062 |
| Net Gain/Loss on Asset Sales | $11,613 |
| Net Income from Fundraising Events | $10,256 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$1,152 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $82,189 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $4,000 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $8,305 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,062 |
| 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 | $16,864 |
| Insurance | $4,660 |
| All other expenses | $1,623 |
| Total functional expenses | $75,539 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,680 |
| Savings and temporary cash investments | $30,741 |
| 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 | $359,856 |
| Investments—publicly traded securities | $337,231 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $773,508 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $773,508 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $773,508 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ypsilanti Historical Society Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Krips Family Foundation Houston, TX PURPOSE: HISTORICAL PRESERVATION | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Heritage Mark Foundation East Lansing, MI | $12,066,077 | $372,589 |
Detroit Historical Society Detroit, MI | $8,852,742 | $2,440,000 |
Ohio Historical Society Foundation Columbus, OH | $22,693,832 | $2,410,812 |
Carriage Town Ministries Flint, MI | $8,458,686 | $3,709,862 |
Historic Hoosier Hills R C & D Inc Versailles, IN | $314,933 | $2,266,391 |
Ohio & Erie Canalway Coalition Akron, OH | $9,640,021 | $4,067,863 |
Language Conservancy Bloomington, IN | $1,366,684 | $2,095,112 |
Northern In Historical Society South Bend, IN | $1,839,984 | $1,875,609 |
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 |
Historical Society Of Saginaw County Inc Saginaw, MI | $1,645,608 | $1,278,498 |
Stark County Historical Society Canton, OH | $9,332,303 | $1,047,258 |