Chagrin Falls Historical Society
- Assets
- $2.8m
- Revenue
- $291.7k
- Investments
- $0.0
- Employees
- 3
- Location
- Chagrin Falls, OH
- Founding
- 04/1966
- Data as of
- 12/2022
- EIN
- 34-6571176
Organization Overview
Chagrin Falls Historical Society is located in Chagrin Falls, OH. The organization was established in 1966. 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. As of 12/2022, Chagrin Falls Historical Society employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chagrin Falls 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, Chagrin Falls Historical Society generated $291.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $226.7k during the year ending 12/2022. While expenses have increased by 3.8% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE CHAGRIN FALLS HISTORICAL SOCIETY DISCOVERS, PRESERVES, AND SHARES EVIDENCE OF AND KNOWLEDGE ABOUT THE HISTORY OF CHAGRIN FALLS AND VICINITY. THE SOCIETY DOES THIS TO ENABLE ALL WHO LIVE, WORK, AND VISIT THE AREA TO APPRECIATE PAST, UNDERSTAND PRESENT, AND PLAN FOR FUTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHAGRIN FALLS HISTORICAL SOCIETY MUSEUM ACQUIRES, COLLECTS, PRESERVES AND SHARES ARTIFACTS FROM OUR VILLAGE AND VICINITY, FROM ITS EARLIEST TIMES (IT WAS SETTLED IN 1833), INCLUDING A LARGE COLLECTION OF PHOTOGRAPHS AND OBJECTS OWNED BY EARLY SETTLERS, SUCH AS CLOTHING, KITCHEN TOOLS, HOUSEHOLD FURNITURE AND PERSONAL EFFECTS, AS WELL AS A SUBSTANTIAL DOLL COLLECTION DONATED BY A FORMER MUSEUM CURATOR.THE COLLECTION INCLUDES A NUMBER OF PRODUCTS PRODUCED BY THE VILLAGES MILLS, FOUNDRIES AND FACTORIES THAT WERE ORIGINALLY WATER-POWERED BY THE CHAGRIN RIVER, WHICH ATTRACTED THE FIRST SETTLERS FROM MILL TOWNS IN NEW ENGLAND.THE MUSEUM ALSO HAS COLLECTIONS OF ARTWORKS BY TWO WELL KNOWN PRIMITIVE ARTISTS HENRY CHURCH, JR. AND MAX BARNARD WHO LIVED IN THE VILLAGE MOST OF THEIR LIVES.THE MUSEUM ALSO MAITAINS ARCHIVES WITH RECORDS OF LOCAL ORGANIZATIONS AND BUSINESSES, AND MICROFILMS OF OUR EARLY LOCAL WEEKLY NEWSPAPER, THE CHAGRIN FALLS EXPONENT. THE CHAGRIN FALLS HISTORICAL SOCIETY OFFERS ENJOYABLE AND UNIQUE EDUCATIONAL PROGRAMS FOR BOTH SCHOOL CHILDREN AND ADULTS THROUGHOUT THE YEAR. SINCE THE END OF COVID, THE ORGANIZATION HAS RESUMED ITS ANNUAL HISTORIC CHAGRIN FALLS HOME AND GARDEN TOUR AND SPIRITS ALIVE TOUR OF EVERGREEN HILL CEMETERY. GUIDED WALKING TOURS OF THE DOWNTOWN DISTRICT AND THE WESTSIDE HISTORIC DISTRICT HAVE ALSO RESUMED AS WELL AS THE POLICE CAR TOURS.
THE ORGANIZATION DISSEMINATES HISTORICAL INFORMATION AND CREATES INTEREST IN THE PAST BY PUBLISHING A SOCIETY NEWSLETTER, SUBMISSION OF ARTICLES TO THE LOCAL NEWSPAPER, AND PUBLISHING BOOKS AND THROUGH SOCIAL MEDIA (FACEBOOK, TWITTER, ETC.)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ralph Razinger Trustee | Trustee | 0.25 | $0 |
Julia Lipp Trustee | Trustee | 0.25 | $0 |
Paul Neidhardt Trustee | Trustee | 0.25 | $0 |
Matt Murphy Trustee | Trustee | 0.25 | $0 |
Hunter Walter Trustee | Trustee | 0.25 | $0 |
Ivan Nassif Trustee | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $9,730 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $31,558 |
| All other contributions, gifts, grants, and similar amounts not included above | $188,082 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $229,370 |
| Total Program Service Revenue | $37,940 |
| Investment income | $20,263 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,292 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,871 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $291,736 |
| 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 | $4,500 |
| 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 | $63,390 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,800 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,452 |
| Fees for services: Other | $3,000 |
| Advertising and promotion | $0 |
| Office expenses | $5,929 |
| Information technology | $4,640 |
| Royalties | $0 |
| Occupancy | $25,458 |
| Travel | $504 |
| 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 | $41,756 |
| Insurance | $7,296 |
| All other expenses | $41,905 |
| Total functional expenses | $226,749 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100,077 |
| Savings and temporary cash investments | $83,203 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $300 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $32,517 |
| Prepaid expenses and deferred charges | $4,290 |
| Net Land, buildings, and equipment | $1,606,404 |
| Investments—publicly traded securities | $966,451 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,860 |
| Total assets | $2,796,102 |
| 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 | $6,077 |
| Total liabilities | $6,077 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $2,791,047 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | -$1,022 |
| Total liabilities and net assets/fund balances | $2,796,102 |