South Beloit Historical Society is located in South Beloit, IL. The organization was established in 2000. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, 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. South Beloit 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 09/2020, South Beloit Historical Society generated $12.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 25.5% each year . All expenses for the organization totaled $11.7k during the year ending 09/2020. While expenses have increased by 5.5% per year over the past 6 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
2020
Describe the Organization's Program Activity:
Part 3
THE SOUTH BELOIT HISTORICAL SOCIETY OWNS, OPERATES AND MAINTAINS THE BUSHNELL-WHEELER HOME, AN HISTORIC 1856 SITE THAT WAS THE FIRST SOUTH BELOIT HOME. WE ARE AN ALL VOLUNTEER ORGANIZATION. ALL FUNDS ARE USED TO RESTORE AND MAINTAIN THE HOME, THE GROUNDS, AND A REPLICA OF THE ORIGINAL BARN. THE HOME HOUSES AN AREA MUSEUM AND MEETING ROOM AND IS OPEN TO LOCAL ORGANIZATIONS FOR MEETINGS, TOURS AND EVENTS. APPROXIMATELY 900 VISITORS WENT THROUGH THE HOME THIS YEAR. THIS WAS APPROXIMATELY HALF THE NORMAL NUMBER OF VISITORS DUE TO THE PANDEMIC.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Vincent Daugherty President | 7 | $0 | |
Dieter Dallmann Director | 7 | $0 | |
Diana Lukich Secretary | 7 | $0 | |
John Patrick Director | 7 | $0 | |
John Coots Director | 7 | $0 | |
Sandra Patrick Treasurer | 7 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $11,367 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $856 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $12,223 |
Statement of Expenses | |
---|---|
Total expenses | $11,730 |
Balance Sheet | |
---|---|
Total assets | $313,540 |
Total liabilities | $0 |
Net assets or fund balances | $313,540 |
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