Markesan Historical Society Inc
- Assets
- $1.2m
- Revenue
- $39.3k
- Investments
- $747.1k
- Employees
- 0
- Location
- Markesan, WI
- Founding
- 03/1990
- Data as of
- 12/2021
- EIN
- 39-1516503
Organization Overview
Markesan Historical Society Inc is located in Markesan, WI. The organization was established in 1990. 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. Markesan 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, Markesan Historical Society Inc generated $39.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.1%) each year. All expenses for the organization totaled $44.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF HISTORICAL MUSEUM FOR THE PUBLIC DEPICTING FARM LIFE IN 1800'S WISCONSIN INCLUDING PRESENTATION OF FEATURED SPEAKERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Prill Treasurer | 3 | $0 | |
Jeannine Justman Vice-Preside | 0 | $0 | |
Gayle Schultz President | 6 | $0 | |
Lorraine Justmann Director | 0 | $0 | |
Roger Cotterill Director | 0 | $0 | |
Peggy Cotterill Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,838 |
| Interest on Savings | $4 |
| Dividends & Interest | $34,420 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,288 |
| Capital Gain Net Income | $2,288 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $170 |
| Other Income | $605 |
| Total Revenue | $39,325 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $11,468 |
| Occupancy | $12,977 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,334 |
| Total operating and administrative expenses | $38,327 |
| Contributions, gifts, grants paid | $6,600 |
| Total expenses and disbursements | $44,927 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1 |
| Savings and temporary cash investments | $46,123 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $747,073 |
| Net Land, buildings, and equipment | $446,249 |
| Other assets | $0 |
| Total assets | $1,239,446 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Markesan Historical Society Inc has awarded $6,600 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF MARKESAN PURPOSE: UPGRADE PLAYGROUND | $2,500 |
TAYLOR DAVISON PURPOSE: COLLEGE SCHOLARSHIP | $1,000 |
MARKESAN KIWANIS CLUB PURPOSE: WINTER ICE RINK | $1,000 |
CITY OF MARKESAN PURPOSE: CEMETERY MAPPING | $1,000 |
MARKESAN LIBRARY PURPOSE: IMPROVE KIDS AREA | $500 |
TICHORA CEMETERY PURPOSE: MAPPING | $250 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Markesan Historical Society Inc has recieved totaling $1,239.
| Awarding Organization | Amount |
|---|---|
Francis R And Ruth E Oberreich Foundation Markesan, WI PURPOSE: COLORING BOOKS | $1,239 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dubuque County Historical Society Dubuque, IA | $42,203,208 | $9,721,079 |
Heritage Mark Foundation East Lansing, MI | $12,066,077 | $372,589 |
Detroit Historical Society Detroit, MI | $8,852,742 | $2,440,000 |
Carriage Town Ministries Flint, MI | $8,458,686 | $3,709,862 |
Minnesota Landmarks St Paul, MN | $7,312,284 | $2,339,984 |
Friends Of The Chicago River Chicago, IL | $1,960,790 | $1,822,157 |
Midwest Art Conservation Center Inc Minneapolis, MN | $2,125,685 | $1,795,271 |
Iowa Railroad Historical Society Boone, IA | $4,623,282 | $1,830,405 |
Landmarks Preservation Council Chicago, IL | $10,408,115 | $1,991,527 |
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 |
Ramsey County Historical Society Inc Saint Paul, MN | $5,355,556 | $1,137,123 |