Chippewa County Historical Society Inc
- Assets
- $1.2m
- Revenue
- $124.3k
- Investments
- $0.0
- Employees
- 5
- Location
- Montevideo, MN
- Founding
- 01/1969
- Data as of
- 12/2023
- EIN
- 41-1242811
Organization Overview
Chippewa County Historical Society Inc is located in Montevideo, MN. The organization was established in 1969. 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 12/2023, Chippewa 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. Chippewa 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 12/2023, Chippewa County Historical Society Inc generated $124.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $118.3k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESERVE HISTORICAL BUILDINGS AND ARTIFACTS FOR EDUCATION OF THE PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPECIAL EVENTS INCLUDE THE FOLLOWING: HERITAGE WEEK - 700 STUDENTS AND ADULTS ATTENDED THIS ANNUAL HISTORY PROGRAM HELD AT HISTORIC CHIPPEWA CITY, WHERE SCHOOL CHILDREN ATTEND EDUCATIONAL CLASSES AND LEARN ABOUT THE LATE 1800S/EARLY 1900S. ANNUAL BANQUET - 67 PEOPLE ATTENDED THIS EVENT WHICH IS HELD ON CONJUNCTION WITH OUR ANNUAL MEETING. THIS EVENT IS MOVED THROUGHOUT CHIPPEWA COUNTY AND INCLUDES A PROGRAM ON LOCAL HISTORY. CHRISTMAS IN THE VILLAGE - 818 PEOPLE ATTENDED THIS EVENT HELD AT HISTORIC CHIPPEWA CITY. THEMED ANNUALLY, WITH DISPLAYS AND EXHIBITS. HORSE POWER EVENT, HELD AT THE SWENSON FARM MUSEUM, 220 PEOPLE ATTENDED THIS LIVING HISTORY PROGRAM WHICH SHOW FARM LIFE IN THE EARLY 1900S. FIELD WORK IS DONE BY HORSES, AND ARTISTS AND EXHIBITS ARE FEATURED IN THE HOUSE, BARN, AND ON THE GROUNDS. MISSION SUNDAY - 40 PEOPLE ATTENDED THIS EVENT. MISSION SUNDAY IS HELD ANNUALLY THE SECOND SUNDAY IN JULY. WORSHIP SERVICE IS HELD WITH A GUEST PASTOR EACH YEAR. THE DAKOTA ASCENSION CHOIRS SINGS SEVERAL DAKOTA HYMNS. A POTLUCK PICNIC IS HELD NEAR THE LAC QUI PARLE DAM AREA. MISSION SUNDAY CELEBRATES THE CHRISTIAN FAITH AND HERITAGE OF THE DAKOTA AND MISSIONARY DESCENDANTS. THEY ALSO HOLD SOCIAL EVENTS FOR THE COMMUNITY AND CHILDREN. THESE CONSISTED OF COOKIES WITH SANTA - 126 PARTICIPANTS; TRICK OR TREAT STREET - 20 PARTICIPANTS; ICE CREAM SOCIAL - 36 PARTICIPANTS; AND MOTHER'S DAY TEA - 5 PARTICIPANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barb Buseman Executive Di | Officer | 40 | $7,880 |
Eliza Buchanan Ed - Partial | Officer | 40 | $6,592 |
Amy Rager President | OfficerTrustee | 1 | $1,000 |
Cindy Walter Treasurer | OfficerTrustee | 1 | $1,000 |
Paul Ostlie Director | Trustee | 1 | $0 |
Bill Pauling Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $9,550 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $47,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $26,005 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $82,555 |
| Total Program Service Revenue | $12,604 |
| Investment income | $17,030 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $11,331 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $689 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $124,290 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $14,472 |
| Compensation of current officers, directors, key employees. | $724 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,976 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $283 |
| Payroll taxes | $2,409 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,475 |
| Fees for services: Accounting | $750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $15,889 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,488 |
| Office expenses | $7,917 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,691 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,336 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,272 |
| Insurance | $7,754 |
| All other expenses | $752 |
| Total functional expenses | $118,263 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $88,227 |
| Savings and temporary cash investments | $23,945 |
| 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 | $1,350 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $739,394 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $319,717 |
| Total assets | $1,172,633 |
| Accounts payable and accrued expenses | $0 |
| 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 | $1,532 |
| Total liabilities | $1,532 |
| Net assets without donor restrictions | $792,176 |
| Net assets with donor restrictions | $378,925 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,172,633 |