Houghton County Historical Society
- Assets
- $696.0k
- Revenue
- $66.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Linden, MI
- Founding
- 02/1963
- Data as of
- 12/2021
- EIN
- 38-1797442
Organization Overview
Houghton County Historical Society is located in Lake Linden, MI. The organization was established in 1963. According to its NTEE Classification (A54) the organization is classified as: History 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. Houghton County 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 12/2021, Houghton County Historical Society generated $66.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $61.2k during the year ending 12/2021. While expenses have increased by 3.0% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF A HISTORICAL MUSEUM
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISCOVER, PROCURE AND PRESERVE ITEMS WHICH RELATE TO THE HISTORY OF THE COUNTY, VILLAGES AND MINES, ON AND CONTIGUOUS TO LAKE SUPERIOR, HOUGHTON COUNTY, MICHIGAN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Blackburn Secretary | OfficerTrustee | 3 | $0 |
David Parker Trustee | OfficerTrustee | 2.9 | $0 |
George West President | OfficerTrustee | 28.79 | $0 |
Nancy Parker Trustee | Trustee | 2.57 | $0 |
Gerald Perreault Trustee | Trustee | 1.96 | $0 |
Avis West Treasurer | Trustee | 32.54 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,155 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,295 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,634 |
| Noncash contributions included in lines 1a–1f | $1,540 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,084 |
| Total Program Service Revenue | $8,635 |
| Investment income | $3,638 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $32,136 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $66,493 |
| 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 | $1,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,532 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,073 |
| Office expenses | $352 |
| Information technology | $568 |
| Royalties | $0 |
| Occupancy | $24,485 |
| 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 | $25,076 |
| Insurance | $2,113 |
| All other expenses | $1 |
| Total functional expenses | $61,196 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,302 |
| Savings and temporary cash investments | $22,845 |
| Pledges and grants receivable | $0 |
| 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 | $3,505 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $274,310 |
| Investments—publicly traded securities | $355,815 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $28,203 |
| Total assets | $695,980 |
| 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 | $695,980 |
| Net assets with donor restrictions | $0 |
| 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 | $695,980 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Houghton County Historical Society has recieved totaling $7,035.
| Awarding Organization | Amount |
|---|---|
Steven C Leuthold Family Foundation Minneapolis, MN PURPOSE: OPERATIONS | $4,000 |
James A Ruppe Foundation Chicago, IL PURPOSE: HISTORICAL PRESERVATION | $3,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $35 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Veterans Memorial And Museum Operating Corporation Columbus, OH | $58,052,071 | $6,042,215 |
Eaa Aviation Foundation Inc Oshkosh, WI | $62,820,883 | $14,243,844 |
Dayton History Dayton, OH | $68,372,034 | $7,774,649 |
National Underground Railroad Freedom Center Inc Cincinnati, OH | $30,820,781 | $4,231,725 |
Holocaust Memorial Center Farmington Hills, MI | $46,637,236 | $21,925,651 |
Motown Historical Museum Inc Detroit, MI | $36,344,932 | $14,838,936 |
Mansfield Reformatory Preservation Society Inc Mansfield, OH | $6,627,269 | $4,312,949 |
Museum Of Wisconsin Art Inc West Bend, WI | $10,712,368 | $3,038,325 |
The Tuskegee Airmen National Historical Museum Detroit, MI | $2,502,282 | $3,407,704 |
Indiana State Museum Foundation Inc Indianapolis, IN | $12,226,178 | $2,921,038 |
Muskegon County Museum Muskegon, MI | $2,882,872 | $2,269,228 |
Center For Holocaust And Humanityeducation Cincinnati, OH | $13,668,033 | $1,253,259 |