Grosse Pointe Historical Society
- Assets
- $1.2m
- Revenue
- $155.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Grosse Pointe Farms, MI
- Founding
- 07/1980
- Data as of
- 12/2021
- EIN
- 38-2292854
Organization Overview
Grosse Pointe Historical Society is located in Grosse Pointe Farms, MI. The organization was established in 1980. 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. Grosse Pointe 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, Grosse Pointe Historical Society generated $155.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $76.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.2%) per year over the past 7 years. 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
TO STIMULATE AND ENCOURAGE EDUCATION AND INTEREST IN THE GROSSE POINTE AREA AND ITS HISTORY
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE GENERAL EDUCATION TO THE COMMUNITY ON THE HISTORY OF THE GROSSE POINTES.
TO PRODUCE THE GROSSE POINTE HISTORICAL SOCIETY NEWSLETTER, THROUGH WHICH MEMBERS ARE INFORMED OF CURRENT EVENTS THROUGH OUT THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leslie Wagner President | OfficerTrustee | 6 | $0 |
Adam Hellebuyck VP Education | OfficerTrustee | 2 | $0 |
Stuart Grigg VP Development | OfficerTrustee | 7 | $0 |
Ann Loshaw VP For Properties, Collections, And Archives | OfficerTrustee | 1 | $0 |
Lynne Cameron VP Of Finance | OfficerTrustee | 2 | $0 |
Sue Lewandowski Secretary | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $24,305 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $89,921 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $114,226 |
| Total Program Service Revenue | $40 |
| Investment income | $41,562 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $155,828 |
| 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 | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $20,917 |
| Advertising and promotion | $0 |
| Office expenses | $14,018 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,663 |
| 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 | $4,851 |
| Insurance | $6,938 |
| All other expenses | $3,174 |
| Total functional expenses | $76,463 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $79,711 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $9,600 |
| 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 | $791,993 |
| Investments—publicly traded securities | $288,676 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,169,980 |
| 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 | $231,514 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $231,514 |
| Net assets without donor restrictions | $694,450 |
| Net assets with donor restrictions | $244,016 |
| 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 | $1,169,980 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Grosse Pointe Historical Society has recieved totaling $10,037.
| Awarding Organization | Amount |
|---|---|
Benson & Edith Ford Fund Detroit, MI PURPOSE: CAPITAL CAMPAIGN | $3,000 |
Mary Thompson Foundation St Clair Shores, MI PURPOSE: GENERAL PURPOSE | $2,500 |
Wilkinson Foundation Comercia Bank Chelsea, MI PURPOSE: COMMUNITY | $2,000 |
Dolores And Paul Lavins Foundation Grosse Pointe Park, MI PURPOSE: SUPPORT FOR PROGRAMS TO PRESERVE LOCAL HERITAGE AND EDUCATE OTHERS ABOUT THE HERITAGE | $1,000 |
William & Martha Ford Fund Detroit, MI PURPOSE: ANNUAL APPEAL | $1,000 |
Mary I Mcleod Foundation Grosse Pointe, MI PURPOSE: GENERAL SUPPORT | $500 |
Endowment Analysis
| Beg. Balance | $387,115 |
| Earnings | -$98,439 |
| Ending Balance | $288,676 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Heritage Mark Foundation East Lansing, MI | $12,066,077 | $372,589 |
Detroit Historical Society Detroit, MI | $8,852,742 | $2,440,000 |
Ohio Historical Society Foundation Columbus, OH | $22,693,832 | $2,410,812 |
Carriage Town Ministries Flint, MI | $8,458,686 | $3,709,862 |
Historic Hoosier Hills R C & D Inc Versailles, IN | $314,933 | $2,266,391 |
Ohio & Erie Canalway Coalition Akron, OH | $9,640,021 | $4,067,863 |
Language Conservancy Bloomington, IN | $1,366,684 | $2,095,112 |
Northern In Historical Society South Bend, IN | $1,839,984 | $1,875,609 |
Historical Society Of Michigan Lansing, MI | $2,060,475 | $1,664,694 |
Michigan State Tr For Railway Pres Inc Owosso, MI | $6,031,068 | $2,296,352 |
Historical Society Of Saginaw County Inc Saginaw, MI | $1,645,608 | $1,278,498 |
Stark County Historical Society Canton, OH | $9,332,303 | $1,047,258 |