Central States Numismatic Society
- Assets
- $330.3k
- Revenue
- $575.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Belleville, IL
- Founding
- 01/2005
- Data as of
- 06/2024
- EIN
- 41-6028039
Organization Overview
Central States Numismatic Society is located in Belleville, IL. The organization was established in 2005. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central States Numismatic 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 06/2024, Central States Numismatic Society generated $575.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $582.3k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCE THE KNOWLEDGE OF NUMISMATICS ALONG EDUCATIONAL, HISTORICAL AND SCIENTIFIC LINES.
Describe the Organization's Program Activity:
QUARTERLY MAGAZINE IS DISTRIBUTED TO MEMBERS AND PROSPECTIVE MEMBERS. THE MAGAZINE CONTAINS EDUCATIONAL ARTICLES. IT ALSO PROMOTES COIN COLLECTING, AND ALLOWS COLLECTORS TO ADVERTISE AND MARKET THEIR COLLECTIONS.
THE CONVENTION IS HELD TO HOST NUMISMATIC EXHIBITS, PROVIDE EDUCATIONAL PROGRAMMING, PROVIDE OPPORTUNITIES TO BUY AND SELL NUMISMATIC MATERIALS FOR MEMBERS AND GENERAL PUBLIC.
EDUCATIONAL AND OUTREACH SERVICES: DEVELOPS AND PRODUCE SEMINARS AND WORKSHOPS FOR USE BY MEMBERSHIP AND THE GENERAL PUBLIC. PRODUCES SCHOOL PROGRAMS AND AUCTIONS TO DEVELOP YOUTH INTEREST. PROVIDES RESEARCH GRANTS TO PROMOTE RESEARCH IN NUMISMATIC STUDIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack D Huggins Secretary/treasurer | Officer | 25 | $25,000 |
Mitch Ernst President | Trustee | 25 | $60,000 |
Brett Irick Vice-President | Trustee | 1 | $0 |
David Nazzaro Governor | Trustee | 1 | $0 |
Samuel Ernst Governor | Trustee | 5 | $3,000 |
David Harper Governor | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $36,357 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,448 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,805 |
| Total Program Service Revenue | $533,129 |
| Investment income | $2,828 |
| 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 | $575,762 |
| 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. | $25,000 |
| Compensation of current officers, directors, key employees. | $25,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,250 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $32,458 |
| Office expenses | $15,745 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $26,202 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,228 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,342 |
| Insurance | $3,345 |
| All other expenses | $0 |
| Total functional expenses | $582,308 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $295,237 |
| Savings and temporary cash investments | $15,802 |
| 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 |
| Net Land, buildings, and equipment | $6,984 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,019 |
| Other assets | $11,295 |
| Total assets | $330,337 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $330,337 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $330,337 |