Bureau County Historical Society Museum
- Assets
- $1.9m
- Revenue
- $113.2k
- Investments
- $1.1m
- Employees
- 0
- Location
- Princeton, IL
- Founding
- 09/1942
- Data as of
- 09/2022
- EIN
- 36-2310466
Organization Overview
Bureau County Historical Society Museum is located in Princeton, IL. The organization was established in 1942. According to its NTEE Classification (A50) the organization is classified as: 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. Bureau County Historical Society Museum 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 09/2022, Bureau County Historical Society Museum generated $113.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (18.1%) each year. All expenses for the organization totaled $118.3k during the year ending 09/2022. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTAIN A HISTORICAL MUSEUM AND ITS CONTENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Dunn President | 0 | $0 | |
Lexi Mecum Treasurer | 0 | $0 | |
Dan Martinkus Vice Preside | 0 | $0 | |
Steve Bouslog Director | 0 | $0 | |
Curtis Johnson Director | 0 | $0 | |
Bill Bouxsein Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $54,986 |
| Interest on Savings | $386 |
| Dividends & Interest | $20,196 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $22,959 |
| Capital Gain Net Income | $22,959 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $14,638 |
| Total Revenue | $113,165 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $44,776 |
| Pension plans, employee benefits | $4,783 |
| Interest | $0 |
| Taxes | $484 |
| Depreciation | $11,355 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $56,871 |
| Total operating and administrative expenses | $118,269 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $118,269 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10 |
| Savings and temporary cash investments | $525,343 |
| 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 | $8,993 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $280,164 |
| Other assets | $0 |
| Total assets | $1,897,766 |
| Accounts payable and accrued expenses | $1,785 |
| 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 | $1,785 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bureau County Historical Society Museum has recieved totaling $25.
| Awarding Organization | Amount |
|---|---|
Ibm International Foundation Armonk, NY PURPOSE: EMPLOYEE MATCHING GRANT | $25 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Crosswater Canyon Inc Petersburg, KY | $131,093,453 | $43,029,126 |
Johnny Morris Wonders Of Wildlife Foundation Springfield, MO | $84,645,334 | $34,583,902 |
Adler Planetarium Chicago, IL | $62,060,707 | $24,242,958 |
Milwaukee Public Museum Inc Milwaukee, WI | $17,354,362 | $14,883,405 |
National Corvette Museum Foundation Inc Bowling Green, KY | $80,229,990 | $15,403,313 |
Historic Arnolds Park Inc Arnolds Park, IA | $45,905,371 | $12,228,274 |
Eiteljorg Museum Of American Indians And Western Art Inc Indianapolis, IN | $95,582,001 | $21,664,008 |
Kentucky Derby Museum Corporation Louisville, KY | $35,033,343 | $10,633,125 |
Margaret Woodbury Strong Museum Charitable Trust Chicago, IL | $73,980,694 | $7,829,381 |
Peoria Riverfront Museum Peoria, IL | $12,190,456 | $4,223,811 |
Unlimited Opportunities Inc Boonville, MO | $6,714,259 | $4,941,880 |
Muhammad Ali Museum And Education Louisville, KY | $31,131,591 | $4,563,188 |