Waseca County Historical Society
- Assets
- $1.2m
- Revenue
- $276.7k
- Investments
- $0.0
- Employees
- 5
- Location
- Waseca, MN
- Founding
- 06/1971
- Data as of
- 12/2021
- EIN
- 41-0966847
Organization Overview
Waseca County Historical Society is located in Waseca, 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 12/2022, Waseca County Historical Society employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Waseca 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, Waseca County Historical Society generated $276.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $145.8k during the year ending 12/2021. 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 WASECA COUNTY HISTORICAL SOCIETY IS TO COLLECT, PRESERVE, INTERPRET AND DISSEMINATE THE HISTORY OF WASECA COUNTY AND ITS CITIZENS; AND TO CREATE EXCITEMENT AND INTEREST IN THAT PAST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CURATOR AND OTHER PROGRAMS
WCHS EXHIBITSWCHS HAS A PERMANENT, GROWING COLLECTION OF ARTIFACTS NUMBERING OVER 40,000; AND ABOUT 17,000 IMAGES SCANNED--ALL CATALOGUED AND ARCHIVALLY STORED. RETRIEVING THE COLLECTION'S STORIES AND INFORMATION, AND BRINGING THEM TO THE COMMUNITY WITH MEANING AND RESPECT IS CERTAINLY PART OF OUR MISSION. EVERYTHING IS ACCESSIBLE VIA OUR SEARCHABLE WEBSITE. WE HAVE COMPLETED THE PROCESS OF BRINGING OUR COLLECTION OF KEY ARTIFACTS REPRESENTING THE ESSENTIAL HISTORY OF WASECA COUNTY IN THE FORM OF A TIMELINE ON OUR BALCONY LEVEL OF THE MUSEUM. THE TIMELINE EXHIBIT WILL BE PART OF NEW PROGRAMMING AND EXPANDED HOURS FOR FAMILY VISITS TO THE MUSEUM. IN ADDITION TO THE PERMANENT COLLECTION, WE MOUNT ABOUT TWO TEMPORARY EXHIBITIONS EVERY YEAR, AND A HOLIDAY OPEN HOUSE EXHIBIT.
WCHS SEARCHABLE WEBSITETHE PROCESSING AND INDEXING OF ARTIFACTS, ARCHIVES, NEWSPAPERS, AND SO MANY OTHER HISTORICAL RECORDS IS A CONSTANT AND CONTINUING ACTIVITY. MAKING THAT INFORMATION ACCESSIBLE ONLINE REQUIRES TECHNOLOGICAL HARDWARE, SOFTWARE AND KNOW-HOW. WE ARE ABLE TO ACCOMPLISH THIS ACCESSIBILITY WITH STAFF AND OUTSIDE CONSULTANTS. WE CONSIDER OUR SOCIETY TO BE AMONG THE MORE PROGRESSIVE IN ALL THESE RESPECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joan Mooney Executive Dir. | Officer | 24 | $27,928 |
Molly Byron Board Member | Trustee | 1 | $0 |
Linda Finley Board Member | Trustee | 1 | $0 |
Diane Beckmann President | OfficerTrustee | 1 | $0 |
Marty Buum Vice President | OfficerTrustee | 1 | $0 |
Dale Groskreutz Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $147,442 |
| Investment income | $119,617 |
| 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 | -$333 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $276,728 |
| 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. | $26,298 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $45,558 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $143 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,645 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,007 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,639 |
| Office expenses | $2,023 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,466 |
| 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 | $14,505 |
| Insurance | $5,279 |
| All other expenses | $0 |
| Total functional expenses | $145,764 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $212,010 |
| Savings and temporary cash investments | $49,773 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $40 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $15,720 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $681,255 |
| Total assets | $1,195,370 |
| Accounts payable and accrued expenses | $2,280 |
| 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 | $2,280 |
| 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 | $1,193,090 |