Itasca County Historical Society
- Assets
- $493.2k
- Revenue
- $167.3k
- Investments
- $0.0
- Employees
- 3
- Location
- Grand Rapids, MN
- Founding
- 08/1972
- Data as of
- 12/2020
- EIN
- 41-0984222
Organization Overview
Itasca County Historical Society is located in Grand Rapids, MN. The organization was established in 1972. 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 12/2021, Itasca County Historical Society employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Itasca 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 12/2020, Itasca County Historical Society generated $167.3k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $154.0k during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO CONNECT PEOPLE TO THE HISTORY OF ITASCA COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSEUM: THE ITASCA COUNTY HISTORICAL SOCIETY (ICHS) HAS BEEN WORKING SINCE 1948 TO BRING ITASCA COUNTY HISTORY TO THE CITIZENS OF THIS REGION. WE OFFER HISTORICAL RESOURCES, SOME OF WHICH ARE AVAILABLE THRU THE KARJALA RESEARCH, GENEALOGY AND HISTORY CENTER. WE HOST VISITORS FROM MANY OTHER STATES AS WELL AS FOREIGN COUNTRIES. THIS NOT ONLY PROVIDES SIGNIFICANT REVENUE BUT ALSO HELPS IMPROVE THE AWARENESS OF THE COUNTY HISTORY. THE SOCIETY ALSO MANAGES A MUSEUM AND MUSEUM STORE WHICH IS OPEN YEAR ROUND, WHICH IN THE PAST CALENDER YEAR, SERVED APPROXIMATELY 18,000 VISITORS. IN ADDITION, THE SOCIETY MAINTAINS THE KARJALA RESEARCH, GENEALOGY AND HISTORY CENTERS, HOUSING APPROXIMATELY 41,000 DOCUMENTS AND 120,000 PHOTOGRAPHS.FURTHER, APPROXIMATELY 54,000 ARTIFACTS ARE STORED IN A CLIMATE-CONTROLLED ENVIRONMENT. THE MUSEUM ARCHIVE AND STORAGE FACILITY ARE ESSENTIAL TO THE SOCIETY'S MISSION TO CONNECT PEOPLE TO THE HISTORY OF ITASCA COUNTY.
MUSEUM STORE: IN CONJUNCTION WITH THE MUSEUM, THE SOCIETY OPERATES A MUSEUM STORE WHERE VISITORS AND THE GENERAL PUBLIC CAN PURCHASE HISTORICAL AND LOCAL AUTHOR BOOKS, REPLICAS AND EDUCATIONAL ITEMS, ALL OF WHICH HAVE A RELEVANCE TO THE HISTORY OF ITASCA COUNTY. SUCH ITEMS SUPPORT THE MISSION OF THE SOCIETY BY EDUCATING THE PUBLIC.
PUBLIC INFORMATION: THE SOCIETY PRODUCES A MONTHLY AND QUARTERLY NEWSLETTER WHICH IS DISTRIBUTED TO THE MEMBERSHIP AND GENERAL PUBLIC. THESE NEWSLETTERS AND FLIERS CONTAIN ANNOUNCEMENTS OF EVENTS AS WELL AS ARTICLES RELEVANT TO THE HISTORY OF ITASCA COUNTY. THE SOCIETY HAS A MEMBERSHIP IN EXCESS OF 400 INDIVIDUALS AND ORGANIZATIONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andy Nintzel President | OfficerTrustee | 4 | $0 |
Richard Lacher Secretary | OfficerTrustee | 4 | $0 |
Susan Kujala Treasurer | OfficerTrustee | 4 | $0 |
Jean Harkins Director | Trustee | 4 | $0 |
Randy Bragonier Director | Trustee | 4 | $0 |
Barb Adams Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $158,785 |
| Investment income | $2,750 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$323 |
| Net Income from Fundraising Events | $5,819 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$2,067 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $167,348 |
| 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 | $67,390 |
| Pension plan accruals and contributions | $1,838 |
| Other employee benefits | $5,989 |
| Payroll taxes | $5,155 |
| 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 | $993 |
| Fees for services: Other | $42,892 |
| Advertising and promotion | $4,231 |
| Office expenses | $5,906 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $140 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,762 |
| Insurance | $4,702 |
| All other expenses | $0 |
| Total functional expenses | $153,998 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,707 |
| Savings and temporary cash investments | $56,256 |
| 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 | $15,958 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $86,519 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $493,232 |
| Accounts payable and accrued expenses | $6,018 |
| 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 | $16,462 |
| Other liabilities | $0 |
| Total liabilities | $22,480 |
| 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 | $470,752 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Itasca County Historical Society has recieved totaling $12,018.
| Awarding Organization | Amount |
|---|---|
Grand Rapids Area Community Fndtn Grand Rapids, MN PURPOSE: Annual Distribution | $6,426 |
Ak Steel Foundation Cleveland, OH PURPOSE: GENERAL SUPPORT | $5,000 |
Minnesota Power Foundation Duluth, MN PURPOSE: POSITIVELY POWERFUL TEAM GRANT | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $92 |
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 |