Lopez Island Historical Society
- Assets
- $625.1k
- Revenue
- $125.5k
- Investments
- $0.0
- Employees
- 4
- Location
- Lopez Island, WA
- Founding
- 10/1975
- Data as of
- 12/2022
- EIN
- 23-7168503
Organization Overview
Lopez Island Historical Society is located in Lopez Island, WA. The organization was established in 1975. 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. As of 12/2022, Lopez Island Historical Society employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lopez Island Historical 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, Lopez Island Historical Society generated $125.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $135.2k during the year ending 12/2022. While expenses have increased by 4.7% per year over the past 8 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
OPERATION OF HISTORICAL MUSEUM DESIGNED TO COLLECT, PRESERVE, SHARE, AND INTERPRET THE LOCAL HISTORY OF LOPEZ ISLAND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF HISTORICAL MUSEUM FOR LOPEZ ISLAND; ORGANIZER OF HISTORICAL CULTURAL ACTIVITIES; PRODUCTION OF HISTORICAL EXHIBITS. EVENTS INCLUDED 'HISTORY AFLOAT' OUTING POSTPONED DUE TO PANDEMIC. ZOOM PROGRAMS INITIATED.
OPERATION OF HISTORICAL SITE KNOWN AS PORT STANLEY SCHOOL. RESTORATION COMPLETED 2004. USED AS A VENUE FOR COMMUNITY EVENTS & EXHIBITS. PARTIAL USE AS SCHOOL CLASSROOM STARTING 2015.
COMMUNITY OUTREACH TO EXPAND PUBLIC KNOWLEDGE OF LOCAL HISTORY. INCLUDES REPRODUCTION OF COLLECTION PHOTOGRAPHS, SALE OF BOOKS RELATED TO LOCAL HISTORY, LOCAL HISTORY NEWSLETTER, AND LOCAL HISTORY CONNECT ON SOCIAL MEDIA PLATFORMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Ruggles President | OfficerTrustee | 3 | $0 |
Mary Reece Vice- President | OfficerTrustee | 3 | $0 |
Terry Larson Treasurer | OfficerTrustee | 3 | $0 |
Jack Pedigo Secretary | OfficerTrustee | 3 | $0 |
Britney Westervelt Trustee | Trustee | 1 | $0 |
Larry Cochran Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $55,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $56,698 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $111,698 |
| Total Program Service Revenue | $0 |
| Investment income | $2,371 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $8,551 |
| 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 | $2,854 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $125,474 |
| 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 | $82,636 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,426 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $980 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $772 |
| Office expenses | $3,913 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,176 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $159 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,535 |
| Insurance | $5,931 |
| All other expenses | $1,703 |
| Total functional expenses | $135,231 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20 |
| Savings and temporary cash investments | $95,854 |
| Pledges and grants receivable | $13,750 |
| 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 | $5,350 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $405,919 |
| Investments—publicly traded securities | $102,655 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,588 |
| Total assets | $625,136 |
| Accounts payable and accrued expenses | $11,024 |
| 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 | $11,024 |
| Net assets without donor restrictions | $564,112 |
| Net assets with donor restrictions | $50,000 |
| 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 | $625,136 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lopez Island Historical Society has recieved totaling $73.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $73 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Historical Society Of Seattle & King County Seattle, WA | $65,125,206 | $5,162,705 |
Eastern Washington State Historical Society Spokane, WA | $20,173,182 | $5,485,547 |
Pioneer Courthouse Square Of Portland Inc Portland, OR | $2,433,302 | $2,453,569 |
Museum Of Idaho Inc Idaho Falls, ID | $10,042,756 | $2,158,282 |
The Northwest Railway Museum Snoqualmie, WA | $11,856,301 | $1,293,392 |
Chugach Heritage Foundation Anchorage, AK | $34,441,750 | $4,199,570 |
United States Lighthouse Society Inc Hansville, WA | $2,077,048 | $1,056,724 |
Grays Harbor Historical Seaport Authority Aberdeen, WA | $4,901,572 | $1,195,810 |
Clatsop County Historical Society Inc Astoria, OR | $4,670,472 | $1,501,101 |
Old Church Society Inc Portland, OR | $2,400,692 | $879,805 |
Steamer Virginia V Foundation Inc Seattle, WA | $2,142,526 | $1,163,610 |
Arlington Club Heritage Foundation Portland, OR | $1,502,895 | $244,933 |