Olmsted Historical Society

Organization Overview

Olmsted Historical Society is located in Olmsted Falls, OH. The organization was established in 1974. 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. Olmsted 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, Olmsted Historical Society generated $92.3k 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 (4.6%) each year. All expenses for the organization totaled $61.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (9.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3

AN ARCHIVIST RECORDS ROOM IS ACTIVELY USED BY THE PUBLIC SEEKING INFORMATION ON THE HISTORY OF FAMILIES IN THE OLMSTED AREA. SINCE 2005 THERE HAS BEEN RESTORATION OF AN 1840'S HISTORICAL CHURCH, A HEARSE BARN, AN 1838 HOME TO THE MUSEUM WAS MOVED WITH THE ASSISTANCE OF VOLUNTEERS, AND OTHER FUNDRAISING EFFORTS TO SUPPORT THE PROJECTS. THE NUMBER OF FULLY RESTORED 19TH CENTURY BUILDINGS TO 11, WITH THE ADDITIONAL HOME BEING RENOVATED AND THE SCHOOLHOUSE COMPLETED MAKING THE BUILDING TOTAL 13. VARIOUS EDUCATIONAL EVENTS ARE HELD AT THE MUSEUM EACH YEAR. ADDITIONALLY, TOURS ARE CONDUCTED FOR ALL INDIVIDUALS AND GROUPS. THE SOCIETY ALSO OPERATES A FARMER'S MARKET YEAR ROUND. ALL EVENTS AND ALL HISTORICAL HOMES ARE OPENED TO THE PUBLIC WITH VOLUNTEERS INTERACTING WITH THE PUBLIC AND EDUCATING THEM ABOUT THE HISTORY OF THE HOMES AND THE AREA. DURING THE FILING YEAR, APPROXIMATELY 30,000 PERSONS VISITED THE FROSTVILLE MUSEUM DURING EVENTS AND TOURS. DURING THE 2019 TAX YEAR, THE SOCIETY HAS COMPLETED THE BUILDING OF A REPLICA 1800'S SCHOOLHOUSE. ONE METHOD TO RAISE FUNDS WAS TO SELL ENGRAVED BRICKS, WHICH HAVE BEEN USED TO MAKE A SIDEWALK LEADING TO THE SCHOOLHOUSE. THE SOCIETY WAS ALSO SUCCESSFUL IN SECURING 50,000 FROM THE OHIO STATE CAPITAL BUDGET FOR THE SCHOOLHOUSE PROJECT. AS A RESULT OF THESE FUNDRAISING EFFORTS, CONSTRUCTION OF THE SCHOOLHOUSE IS COMPLETE.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$30,886
Total Program Service Revenue$19,599
Membership dues$1,540
Investment income $25,213
Gain or Loss$0
Net Income from Gaming & Fundraising$13,977
Other Revenue$250
Total Revenue$92,340

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