Cottonwood County Historical Society Inc
- Assets
- $1.0m
- Revenue
- $123.3k
- Investments
- $0.0
- Employees
- 5
- Location
- Windom, MN
- Founding
- 07/1971
- Data as of
- 09/2021
- EIN
- 41-0916727
Organization Overview
Cottonwood County Historical Society Inc is located in Windom, MN. The organization was established in 1971. 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. As of 09/2021, Cottonwood County Historical Society Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cottonwood 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 09/2021, Cottonwood County Historical Society Inc generated $123.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $113.8k during the year ending 09/2021. 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
THE MISSION OF THE COTTONWOOD COUNTY HISTORICAL SOCIETY IS TO COLLECT, PRESERVE AND DISSEMINATE KNOWLEDGE ABOUT THE HISTORY OF COTTONWOOD COUNTY AND TO RELATE IT TO THE HISTORY OF THE STATE OF MINNESOTA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PRESERVE AND INTERPRET THE HISTORY OF COTTONWOOD COUNTY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wendy Meyer President | OfficerTrustee | 4 | $0 |
Damon Weinandt 1st Vice President | OfficerTrustee | 2 | $0 |
Sharon Diemer 2nd Vice President | OfficerTrustee | 2 | $0 |
Rosalee Davis Secretary | OfficerTrustee | 3 | $0 |
Margaret Mcdonald Treasurer | OfficerTrustee | 3 | $0 |
Carol Lehman 5th District Representative | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $90,036 |
| Investment income | $26,694 |
| 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 | $123,261 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $53,518 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,304 |
| 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 | $6,067 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,108 |
| Office expenses | $7,680 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,203 |
| 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 | $12,678 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $113,810 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $113,169 |
| Savings and temporary cash investments | $48,907 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $62,867 |
| Investments—other securities | $0 |
| Investments—program-related | $574,436 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,026,078 |
| Accounts payable and accrued expenses | $2,514 |
| 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 | $2,514 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $1,023,564 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cottonwood County Historical Society Inc has recieved totaling $23.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $23 |
Endowment Analysis
| Beg. Balance | $518,070 |
| Earnings | $88,149 |
| Admin Expense | $6,067 |
| Other Expense | $25,716 |
| Ending Balance | $574,436 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Theodore Roosevelt Medora Foundation Medora, ND | $68,522,255 | $10,499,633 |
Dubuque County Historical Society Dubuque, IA | $42,203,208 | $9,721,079 |
Minnesota Landmarks St Paul, MN | $7,312,284 | $2,339,984 |
Mount Rushmore National Memorial Society Of Black Hills Rapid City, SD | $22,476,449 | $3,858,593 |
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 |
Ramsey County Historical Society Inc Saint Paul, MN | $5,355,556 | $1,137,123 |
Rethos Saint Paul, MN | $2,732,815 | $1,832,549 |
Two Rivers Historical Society Two Rivers, WI | $1,166,797 | $640,666 |
Milwaukee County Historical Society Milwaukee, WI | $3,176,056 | $1,183,454 |
Stearns County Historical Society Inc St Cloud, MN | $1,632,705 | $959,647 |
Four Mounds Foundation Dubuque, IA | $637,426 | $940,682 |