Madison County Historical Society
- Assets
- $5.6m
- Revenue
- $301.5k
- Investments
- $3.4m
- Employees
- 0
- Location
- Winterset, IA
- Founding
- 08/1983
- Data as of
- 12/2021
- EIN
- 23-7423189
Organization Overview
Madison County Historical Society is located in Winterset, IA. The organization was established in 1983. According to its NTEE Classification (A54) the organization is classified as: History 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. Madison County 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, Madison County Historical Society generated $301.5k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $269.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUILD & MAINTAIN MADISON COUNTY HISTORICAL MUSEUM & GROUNDS FOR PUBLIC EDUCATION, USE, AND ENJOYMENT. 2021 CHARITABLE ACTIVITY ACCOMPLISHMENTS INCLUDE: GUESTS: 8,441 TOUR GROUPS: 5 SOCIAL ACTIVITIES: 159 VOLUNTEER HOURS: 2,030.5 PASSPORT TO THE PAST - 14TH YEAR OF EVENTS ON GROUNDS DURING COVERED BRIDGE FESTIVAL COLLABORATION WITH LOCAL SCHOOL SYSTEM TO DO COURSE WORK FOCUSING ON LOCAL HISTORY AND DISEASES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Don Stanley Director | 2 | $0 | |
Tom Sheppard Director | 2 | $0 | |
Carol Liechty Director | 2 | $0 | |
Ken Burk Director | 2 | $0 | |
Ben Garrison Director | 2 | $0 | |
Wava Shirbroun President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $65,580 |
| Interest on Savings | $28,849 |
| Dividends & Interest | $148,956 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $39,700 |
| Capital Gain Net Income | $39,700 |
| Net ST Capital Gain | $7,560 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $18,368 |
| Total Revenue | $301,453 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $90,044 |
| Pension plans, employee benefits | $0 |
| Interest | $94 |
| Taxes | $9,726 |
| Depreciation | $23,515 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $108,686 |
| Total operating and administrative expenses | $269,758 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $269,758 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100 |
| Savings and temporary cash investments | $367,399 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $1,000 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $1,915,288 |
| Other assets | $10,686 |
| Total assets | $5,645,725 |
| Accounts payable and accrued expenses | $2,763 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,763 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Madison County Historical Society has recieved totaling $34,717.
| Awarding Organization | Amount |
|---|---|
Emma L Schroppel Trust Uw Farmers & Merchants State Bk Ttee Winterset, IA PURPOSE: ORGANIZATION USED FOR HISTORICAL MUSEUM MAINTENANCE & OPERATION | $34,717 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Missouri Historical Society Jefferson Memorial Building St Louis, MO | $154,816,775 | $36,156,227 |
Chicago Historical Society Chicago, IL | $142,770,893 | $16,768,760 |
Pmml North Inc Chicago, IL | $161,806,539 | $478,889 |
Union Station Kansas City Inc Kansas City, MO | $67,441,549 | $27,511,678 |
Holocaust Memorial Foundation Of Illinois Inc Skokie, IL | $79,808,430 | $11,161,559 |
Eaa Aviation Foundation Inc Oshkosh, WI | $62,820,883 | $14,243,844 |
Putnam Museum And Science Center Davenport, IA | $12,236,666 | $5,417,637 |
Museum Of Wisconsin Art Inc West Bend, WI | $10,712,368 | $3,038,325 |
Living History Farms Foundation Des Moines, IA | $16,358,279 | $3,488,331 |
National Music Museum Vermillion, SD | $15,649,509 | $3,706,421 |
Stuhr Museum Of The Prairie Pioneer Grand Island, NE | $6,589,907 | $1,816,416 |
Minnesota Masonic Historical Society And Museum Bloomington, MN | $21,958,017 | $92,192 |