Dexter Area Historical Society And Museum
- Assets
- $2.0m
- Revenue
- $179.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Dexter, MI
- Founding
- 01/1975
- Data as of
- 12/2021
- EIN
- 23-7382216
Organization Overview
Dexter Area Historical Society And Museum is located in Dexter, MI. The organization was established in 1975. According to its NTEE Classification (A50) the organization is classified as: Museums, 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. Dexter Area Historical Society And Museum 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, Dexter Area Historical Society And Museum generated $179.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $83.0k during the year ending 12/2021. 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
HISTORIAL MUSEUM
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURCHASE OF THE FOUNDER OF DEXTERS HOMESTEAD, WHICH BEGAN IN 2005, WAS COMPLETED IN 2006. THE HISTORICAL LANDMARK HAS BEEN ACQUIRED TO PRESERVE AND RESTORE TO THE ORIGINAL STRUCTURE. THE PROPERTY WILL BENEFIT CURRENT AND FUTURE GENERATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Wheeler Secretary | Officer | 0 | $0 |
Caryl Burke Vice President | Officer | 0 | $0 |
Carol Jones Treasurer | Officer | 0 | $0 |
Beverly Hill President | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,485 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $148,670 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $150,155 |
| Total Program Service Revenue | $19,507 |
| Investment income | $1,434 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $8,700 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $179,796 |
| 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 | $650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $392 |
| Office expenses | $429 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,940 |
| 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 | $46,752 |
| Insurance | $5,246 |
| All other expenses | $0 |
| Total functional expenses | $83,008 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,213 |
| Savings and temporary cash investments | $257,911 |
| 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 | $1,750,824 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,043,948 |
| 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 | $2,043,948 |
| 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 | $2,043,948 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Dexter Area Historical Society And Museum has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
The Bob And Jan Lyons Foundation Dexter, MI PURPOSE: GORDON HALL SPRING EVENT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Eiteljorg Museum Of American Indians And Western Art Inc Indianapolis, IN | $95,582,001 | $21,664,008 |
Grand Rapids Public Museum Grand Rapids, MI | $9,797,722 | $8,206,945 |
Kalamazoo Aviation History Museum Portage, MI | $17,581,493 | $5,451,685 |
Museum Of African American History Detroit, MI | $6,150,822 | $7,565,645 |
Lake States Dairy Center Inc Fair Oaks, IN | $6,073,141 | $3,616,020 |
Yankee Air Force Incorporated Belleville, MI | $14,568,941 | -$1,519,297 |
Genevieve And Donald S Gilmore Foundation Hickory Corners, MI | $0 | $3,411,516 |
National Whitetail Deer Education Cambridge, OH | $11,521,774 | $3,398,617 |
Leigh Yawkey Woodson Art Museum Inc Wausau, WI | $54,767,608 | $3,707,378 |
Maltz Museum Of Jewish Heritage Beachwood, OH | $30,145,147 | $2,967,482 |
Cincinnati Baseball Museum Cincinnati, OH | $7,716,039 | $1,963,239 |
Cincinnati Observatory Center Cincinnati, OH | $1,412,089 | $489,129 |