Lowell Area Historical Association
- Assets
- $486.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lowell, MI
- Founding
- 11/1991
- Data as of
- 12/2021
- EIN
- 38-2931074
Organization Overview
Lowell Area Historical Association is located in Lowell, MI. The organization was established in 1991. 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. Lowell Area Historical Association 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, Lowell Area Historical Association generated $149.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $88.2k during the year ending 12/2021. While expenses have increased by 0.3% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Plank Director | 25 | $33,903 | |
Tony Dommer Vice President | 0 | $0 | |
Dale Kropf Board Member | 0 | $0 | |
Ardis Barber Board Member | 0 | $0 | |
Carolyn Jane Blough Board Member | 0 | $0 | |
Bev Anderson Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $93,040 |
| Total Program Service Revenue | $449 |
| Membership dues | $3,730 |
| Investment income | $41,678 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,465 |
| Other Revenue | $480 |
| Total Revenue | $149,277 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $64,911 |
| Professional fees and other payments to independent contractors | $1,823 |
| Occupancy, rent, utilities, and maintenance | $7,947 |
| Printing, publications, postage, and shipping | $1,147 |
| Other expenses | $12,414 |
| Total expenses | $88,242 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $340,281 |
| Other assets | $0 |
| Total assets | $486,802 |
| Total liabilities | $0 |
| Net assets or fund balances | $486,802 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Lowell Area Historical Association has recieved totaling $17,900.
| Awarding Organization | Amount |
|---|---|
Grand Rapids Community Foundation Grand Rapids, MI PURPOSE: GENERAL OPERATING SUPPORT | $17,400 |
Rl&dg Tusch Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $500 |
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 |