Ridge Historical Society
- Assets
- $1.1m
- Revenue
- $65.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 11/1972
- Data as of
- 12/2021
- EIN
- 23-7222417
Organization Overview
Ridge Historical Society is located in Chicago, IL. The organization was established in 1972. 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. Ridge 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 12/2021, Ridge Historical Society generated $65.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.6%) each year. All expenses for the organization totaled $33.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 7 years. 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
PRESERVE, INTERPRET, AND COMMUNICATE LOCAL HISTORY OF BEVERLY, MORGAN PARK, WASHINGTON HEIGHTS, AND MT. GREENWOOD NEIGHBORHOODS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC EDUCATION: IN 2021, THE SOCIETY'S BUILDING WAS CLOSED TO THE PUBLIC FOR MUCH OF THE YEAR, SO PUBLIC EDUCATION EFFORTS CENTERED ON PUBLICATION OF ARTICLES ABOUT LOCAL HISTORY. ORIGINAL AND SHARED ITEMS WERE MOSTLY PUBLISHED ON SOCIAL MEDIA PLATFORMS WHERE POSTS NUMBERED OVER 100. THEY INCLUDED: AN ARTICLE ABOUT HERBERT SPENCER GRAVER, THE ORIGINAL OWNER OF THE SOCIETY'S HISTORIC HOUSE; A SERIES ABOUT THE HOFER FAMILY, EARLY LOCAL RESIDENTS AND ACTIVISTS IN THE KINDERGARTEN MOVEMENT; A SERIES THE HISTORY OF CHICAGO WARDS, INCLUDING THE CITY'S ANNEXATION OF THE TOWNS INCLUDING BEVERLY, MORGAN PARK, AND WASHINGTON HEIGHTS; AND A LOOK AT LOCAL NEW YEARS' CELEBRATIONS 100 YEARS AGO. THE LOCAL HISTORY EXHIBIT FROM 2020 REMAINED IN PLACE AND WAS AVAILABLE TO INDIVIDUALS AND GROUPS BY PRIVATE APPOINTMENT.
GRAVER-DRISCOLL HOUSE PRESERVATION AND MAINTENANCE: THE SOCIETY RESIDES IN A LARGE DESIGNATED HISTORIC DISTRICT, AND OWNS GRAVER-DRISCOLL HOUSE WHICH SERVES IS ITS BASE OF ADMINISTRATIVE OPERATIONS AND AS A MUSEUM AND ARCHIVE. THE BUILDING IS HISTORICALLY SIGNIFICANT IN ITS OWN RIGHT; IT WAS DESIGNED BY NOTED ARCHITECT JOHN TODD HETHERINGTON AND IS OVER 100 YEARS OLD.
HISTORIC RESEARCH: RESEARCH OF LOCAL HISTORY INVOLVING PEOPLE, PLACES, EVENTS, BUILDINGS AND ARTIFACTS IS A SIGNIFICANT ACTIVITY OF THE SOCIETY. RESEARCH MAY BE UNDERTAKEN IN THE PLANNING OF EXHIBITS OR PROGRAMS; TO SUPPORT THE ORGANIZATION'S PARTICIPATION IN LOCAL INITIATIVES AND OBSERVANCES; OR TO DOCUMENT THE ORGANIZATION'S COLLECTION. THE SOCIETY ALSO ROUTINELY RESPONDS TO QUESTIONS AND REQUESTS FROM INDIVIDUALS, OFTEN CONCERNING THEIR RESIDENCES OR OTHER BUILDINGS. IN 2021, OVER 1,000 VOLUNTEER HOURS WERE SPENT ON LOCAL HISTORIC RESEARCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elaine Spencer President | OfficerTrustee | 1 | $0 |
Jarilyn Stavropoulos Secretary | OfficerTrustee | 2 | $0 |
Michael Wilk Vice-President | OfficerTrustee | 1.5 | $0 |
Susan Burnet Treasurer (beg 08/21) | OfficerTrustee | 3 | $0 |
Linda Lamberty Historian | Trustee | 10 | $0 |
Grace Kuikman Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $10,575 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,955 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,530 |
| Total Program Service Revenue | $325 |
| Investment income | $35,564 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $7,161 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $65,580 |
| 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 | $804 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $22 |
| Fees for services: Other | $5,400 |
| Advertising and promotion | $0 |
| Office expenses | $485 |
| Information technology | $2,362 |
| Royalties | $0 |
| Occupancy | $8,797 |
| 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 | $7,025 |
| Insurance | $4,834 |
| All other expenses | $0 |
| Total functional expenses | $33,383 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,855 |
| 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 | $280,842 |
| Investments—publicly traded securities | $741,622 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,053,319 |
| 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 | $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 | $1,053,319 |
| Total liabilities and net assets/fund balances | $1,053,319 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ridge Historical Society has recieved totaling $90.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $90 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dubuque County Historical Society Dubuque, IA | $42,203,208 | $9,721,079 |
Jefferson National Parks Association Inc St Louis, MO | $9,104,174 | $5,372,825 |
Historic Hoosier Hills R C & D Inc Versailles, IN | $314,933 | $2,266,391 |
Friends Of The Chicago River Chicago, IL | $1,960,790 | $1,822,157 |
Language Conservancy Bloomington, IN | $1,366,684 | $2,095,112 |
Northern In Historical Society South Bend, IN | $1,839,984 | $1,875,609 |
Iowa Railroad Historical Society Boone, IA | $4,623,282 | $1,830,405 |
Landmarks Preservation Council Chicago, IL | $10,408,115 | $1,991,527 |
State Historical Society Of Missouri Columbia, MO | $7,318,381 | $1,450,178 |
American Truck Historical Society Kansas City, MO | $4,869,322 | $1,570,216 |
Two Rivers Historical Society Two Rivers, WI | $1,166,797 | $640,666 |
Naperville Heritage Society Naperville, IL | $6,253,015 | $1,941,330 |