Madison County Historical Society Inc
- Assets
- $641.3k
- Revenue
- $62.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Edwardsville, IL
- Founding
- 12/1964
- Data as of
- 12/2021
- EIN
- 37-6049395
Organization Overview
Madison County Historical Society Inc is located in Edwardsville, IL. 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. Madison County 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, Madison County Historical Society Inc generated $62.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $44.8k during the year ending 12/2021. While expenses have increased by 5.3% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO OPEN DOORS TO MADISON COUNTY HISTORY WE MAINTAIN A MUSEUM OF ARTIFACTS HISTORICAL RECORDS GERMANE TO MADISON COUNTY IL
Describe the Organization's Program Activity:
ALL REVENUE IS USED TO SUPPORT THE OPERATION AND MAINTENANCE OF THE MADISON COUNTY MUSEUM AND ARCHIVAL LIBRARY. THE FACILITIES ARE OPEN TO THE PUBLIC AT NO CHARGE. SPECIAL EXHIBITS ARE DISPLAYED FROM TIME TO TIME AND SCHEDULED TOURS FOR GROUPS, SCHOOL CHILDREN, FAMILIES, ETC ARE CONDUCTED. THE ARCHIVAL LIBRARY IS A COLLECTION OF HISTORICAL RECORDS PRIMARILY RELATED TO MADISON COUNTY AND ITS RESIDENTS. LECTURES AND INFORMATIONAL PRESENTATIONS ARE OFFERED FREQUENTLY. NO GRANTS ARE MADE TO OTHERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leslie Bednar Director | Trustee | 1 | $0 |
Robert Clouse Director | Trustee | 5 | $0 |
Steve Hansen Director | Trustee | 4 | $0 |
Arno Ellis Director | Trustee | 1 | $0 |
Candace Ladd Director | Trustee | 3 | $0 |
Steve Mudge Director | Trustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $14,100 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $39,185 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,285 |
| Total Program Service Revenue | $189 |
| Investment income | $571 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $130 |
| Net Rental Income | $8,070 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $459 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $62,704 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $1,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,591 |
| Office expenses | $4,588 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,634 |
| 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 | $0 |
| Insurance | $1,864 |
| All other expenses | $0 |
| Total functional expenses | $44,766 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $81,169 |
| Savings and temporary cash investments | $246,415 |
| Pledges and grants receivable | $4,700 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $309,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $641,284 |
| 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 | $429,453 |
| Net assets with donor restrictions | $211,831 |
| 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 | $641,284 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Madison County Historical Society Inc has recieved totaling $51.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $51 |
Endowment Analysis
| Beg. Balance | $21,388 |
| Earnings | $11 |
| Other Expense | $21,399 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dubuque County Historical Society Dubuque, IA | $42,203,208 | $9,721,079 |
Jefferson National Parks Association Inc St Louis, MO | $9,104,174 | $5,372,825 |
Historic Hoosier Hills R C & D Inc Versailles, IN | $314,933 | $2,266,391 |
Friends Of The Chicago River Chicago, IL | $1,960,790 | $1,822,157 |
Language Conservancy Bloomington, IN | $1,366,684 | $2,095,112 |
Northern In Historical Society South Bend, IN | $1,839,984 | $1,875,609 |
Iowa Railroad Historical Society Boone, IA | $4,623,282 | $1,830,405 |
Landmarks Preservation Council Chicago, IL | $10,408,115 | $1,991,527 |
State Historical Society Of Missouri Columbia, MO | $7,318,381 | $1,450,178 |
American Truck Historical Society Kansas City, MO | $4,869,322 | $1,570,216 |
Two Rivers Historical Society Two Rivers, WI | $1,166,797 | $640,666 |
Naperville Heritage Society Naperville, IL | $6,253,015 | $1,941,330 |