Mondak Historical & Art Society
- Assets
- $1.8m
- Revenue
- $289.4k
- Investments
- $1.4m
- Employees
- 1
- Location
- Sidney, MT
- Founding
- 02/1976
- Data as of
- 06/2021
- EIN
- 23-7191806
Organization Overview
Mondak Historical & Art Society is located in Sidney, MT. The organization was established in 1976. 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. Mondak Historical & Art 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 06/2021, Mondak Historical & Art Society generated $289.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $212.9k during the year ending 06/2021. 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
THE MONDAK HISTORIAL & ART SOCIETY IS COMMITTED TO PRESERVING THE REGION'S CULTURAL HERITAGE AND SUPPORTING IT'S ARTISTIC DEVELOPMENT THROUGH TRADITIONAL MUSEUM EXHIBITS AND ART SHOWS AS WELL AS THROUGH SPECIAL PROGRAMMING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MONDAK HISTORICAL & ART SOCIETY COLLECTS, PRESERVES, AND DISPLAYS ARTIFACTS PERTAINING TO LOCAL HISTORY AND ASSISTS IN COMPILING AND PUBLISHING LOCAL HISTORIES; SUPPORTS LOCAL ARTISTS THROUGH EXHIBITIONS AND SALES OF ARTWORK; EXHIBITS VARIOUS ART AND HISTORY SHOWS THAT ARE ON LOAN FROM OTHER ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Bradley President | OfficerTrustee | 10 | $0 |
Debbie Crossland Secretary | OfficerTrustee | 3 | $0 |
Kim Klasna Treasurer | OfficerTrustee | 10 | $0 |
Karen Redlin Vice President | OfficerTrustee | 3 | $0 |
Jennifer Blekestad Board Member | Trustee | 1 | $0 |
Paula Bostrom Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $11,965 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $177,265 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $189,230 |
| Total Program Service Revenue | $26,935 |
| Investment income | $45,229 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $189 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $19,450 |
| Net Income from Fundraising Events | $4,437 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,229 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $289,426 |
| 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 | $45,601 |
| Pension plan accruals and contributions | $5,094 |
| Other employee benefits | $4,152 |
| Payroll taxes | $4,369 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,540 |
| Fees for services: Other | $658 |
| Advertising and promotion | $1,720 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $50 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,862 |
| Insurance | $9,969 |
| All other expenses | $15,467 |
| Total functional expenses | $212,948 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $78,846 |
| Savings and temporary cash investments | $79,690 |
| 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 | $11,260 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $233,220 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,357,322 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $216 |
| Total assets | $1,760,554 |
| Accounts payable and accrued expenses | $241 |
| 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 | $146,722 |
| Total liabilities | $146,963 |
| Net assets without donor restrictions | $943,214 |
| Net assets with donor restrictions | $670,377 |
| 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 | $1,760,554 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Mondak Historical & Art Society has recieved totaling $2,139.
| Awarding Organization | Amount |
|---|---|
John L And Marilyn J Olson Family Foundation Sidney, MT PURPOSE: GENERAL PURPOSE | $2,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $139 |
Endowment Analysis
| Beg. Balance | $1,007,571 |
| Earnings | $350,629 |
| Admin Expense | $10,540 |
| Net Contributions | $18,700 |
| Ending Balance | $1,366,360 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Yellowstone Historic Center Inc West Yellowstone, MT | $1,507,190 | $417,504 |
Badlands Natural History Association Inc Interior, SD | $3,710,673 | $1,802,760 |
Heart Mountain Wyoming Foundation Powell, WY | $9,452,012 | $2,858,388 |
South Dakota Historical Society Foundation Pierre, SD | $2,393,071 | $765,039 |
Hardy Foundation Inc Boise, ID | $14,628,798 | $1,249,658 |
Billings Depot Inc Billings, MT | $2,400,537 | $559,343 |
Northern Plains Heritage Foundation Bismarck, ND | $399,840 | $434,792 |
Navy Legacy Flight Foundation Jackson, WY | $249,221 | $443,070 |
Historic Homestake Opera House Society Lead, SD | $3,779,298 | $427,991 |
The Capital Gallery Society Bismarck, ND | $762,645 | $377,655 |
Cheyenne Frontier Days Foundation Inc Cheyenne, WY | $1,906,727 | $465,437 |
Friends Of The Historic Adams Hotel Lavina, MT | $20,330 | $110,009 |