Niles Historical Society
- Assets
- $353.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Niles, IL
- Founding
- 04/1986
- Data as of
- 12/2021
- EIN
- 23-7373467
Organization Overview
Niles Historical Society is located in Niles, IL. The organization was established in 1986. 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. Niles 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, Niles Historical Society generated $6.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $18.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ENTITY RUNS A MUSEUM CONTAINING COLLECTIONS OF ARTIFACTS OF NILES AND SURROUNDING COMMUNITIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Ferraro President | 0 | $0 | |
Andrew Schneider Vice President | 0 | $0 | |
Juliann Ferraro Secretary | 0 | $0 | |
Katie Schneider Treasurer | 0 | $0 | |
Mark Thoms Director | 0 | $0 | |
Ronald Strzelecki Jr Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $156 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $6,501 |
| Gain or Loss | $10 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $6,667 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,688 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $45 |
| Other expenses | $15,113 |
| Total expenses | $18,846 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $193,715 |
| Other assets | $0 |
| Total assets | $353,857 |
| Total liabilities | $0 |
| Net assets or fund balances | $353,857 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Niles Historical Society has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Clark-Halladay Memorial Foundation Oak Brook, IL PURPOSE: TO FURTHER CHARITABLE AND CIVIC PURPOSES | $500 |
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 |