Strongsville Historical Society Inc
- Assets
- $2.3m
- Revenue
- $140.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Strongville, OH
- Founding
- 12/1964
- Data as of
- 12/2021
- EIN
- 34-0937244
Organization Overview
Strongsville Historical Society Inc is located in Strongville, OH. The organization was established in 1964. 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. Strongsville Historical Society Inc 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, Strongsville Historical Society Inc generated $140.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $97.1k 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 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
THE MISSION IS TO DISCOVER, COLLECT, PRESERVE, RECORD AND INTERPRET THE HISTORY OF THE STRONGSVILLE AREA THROUGH PROGRAMS THAT INSPIRE, STIMULATE, AND EDUCATE THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOCIETY MAINTAINS HISTORICAL BUILDINGS AND COLLECTIONS WHICH ARE OPEN TO THE PUBLIC. THESE BUILDINGS AND COLLECTIONS SERVE TO INSPIRE, STIMULATE AND EDUCATE THE PUBLIC ABOUT THE HISTORY OF THE STRONGSVILE AREA.
THE SOCIETY PLANS AND EXECUTES A NUMBER OF VARIED PROGRAMS DURING THE YEAR THAT ARE OPEN TO ITS MEMBERS AND THE GENERAL PUBLIC. SOME EXAMPLES ARE: LADIES FASHION SHOW, FALL HARVEST FESTIVAL, AND CHRISTMAS IN THE VILLAGE (NO FEE).
THE SOCIETY HOSTS TOURS OF THE HISTORICAL SITE FOR THE GENERAL PUBLIC, LOCAL SCHOOLS AND CIVIC GROUPS. THE SOCIETY ALSO MAKES ROOMS OF THE HISTORICAL BUILDINGS AVAILABLE FOR RENT BY THE GENERAL PUBLIC, LOCAL SCHOOLS, AND CIVIC GROUPS.
THE SOCIETY HOSTS OTHER PROGRAM SERICES FOR THE GENERAL PUBLIC, LOCAL SCHOOLS AND CIVIC GROUPS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vicki Maloney Vice Preside | OfficerTrustee | 1 | $0 |
Barb Krivos Recording Se | OfficerTrustee | 1 | $0 |
Ruth Brickley President | OfficerTrustee | 3 | $0 |
Donnette Ipsaro Correspondin | OfficerTrustee | 1 | $0 |
Jane Ludwig Treasurer | OfficerTrustee | 6 | $0 |
Terry Mcgreal Asst-Treasur | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $3,180 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,429 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,609 |
| Total Program Service Revenue | $4,290 |
| Investment income | $25,342 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $103,162 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$626 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $140,777 |
| 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 | $2,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $16,357 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $127 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,902 |
| 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 | $39,304 |
| Insurance | $5,401 |
| All other expenses | $764 |
| Total functional expenses | $97,054 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,458 |
| Savings and temporary cash investments | $81,148 |
| 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 | $4,025 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $322,310 |
| Investments—publicly traded securities | $1,874,184 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,288,125 |
| 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 | $2,252,108 |
| Net assets with donor restrictions | $36,017 |
| 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 | $2,288,125 |
Endowment Analysis
| Beg. Balance | $1,763,264 |
| Earnings | $188,179 |
| Admin Expense | -$16,357 |
| Other Expense | -$30,000 |
| Ending Balance | $1,905,086 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Heritage Mark Foundation East Lansing, MI | $12,066,077 | $372,589 |
Detroit Historical Society Detroit, MI | $8,852,742 | $2,440,000 |
Historical Society Of Pennsylvania Philadelphia, PA | $29,519,223 | $5,864,620 |
Ohio Historical Society Foundation Columbus, OH | $22,693,832 | $2,410,812 |
Bucks County Historical Society Mercer Museum Doylestown, PA | $25,757,784 | $3,151,386 |
Carriage Town Ministries Flint, MI | $8,458,686 | $3,709,862 |
Lancasterhistory Org Lancaster, PA | $21,295,803 | $1,939,476 |
Historic Hoosier Hills R C & D Inc Versailles, IN | $314,933 | $2,266,391 |
Partners For Sacred Places Inc Philadelphia, PA | $5,285,974 | $2,628,300 |
Ohio & Erie Canalway Coalition Akron, OH | $9,640,021 | $4,067,863 |
Language Conservancy Bloomington, IN | $1,366,684 | $2,095,112 |
The Flagship Niagara League Erie, PA | $891,920 | $1,486,616 |