Magnolia Area Historical Society
- Assets
- $67.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Magnolia, OH
- Founding
- 01/1998
- Data as of
- 12/2022
- EIN
- 34-1425750
Organization Overview
Magnolia Area Historical Society is located in Magnolia, OH. The organization was established in 1998. 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. Magnolia Area 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, Magnolia Area Historical Society generated $21.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $35.7k during the year ending 12/2022. While expenses have increased by 1.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Program Activity:
Part 3
MAINTAIN BLACKSMITH SHOP AND MUSEUM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paula Tolin Secretary | 20 | $0 | |
Janet Rogers President | 20 | $0 | |
Suzanne Tozzi Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,245 |
| Total Program Service Revenue | $0 |
| Membership dues | $660 |
| Investment income | $9 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $10,820 |
| Total Revenue | $21,487 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $24,329 |
| Printing, publications, postage, and shipping | $794 |
| Other expenses | $10,610 |
| Total expenses | $35,733 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,657 |
| Other assets | $0 |
| Total assets | $67,057 |
| Total liabilities | $0 |
| Net assets or fund balances | $67,057 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Magnolia Area Historical Society has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Timken Foundation Of Canton Canton, OH PURPOSE: REPLACE A PORCH RAILING AND RAMP AT THE ISAAC MILLER INN AND UPGRADE THE BLACKSMITH SHOP ELECTRICS | $10,000 |
Fred F Silk Charitable Foundation Louisville, OH PURPOSE: CURRENT OPERATING FUND | $5,000 |
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 |