Mcleod County Historical Society
- Assets
- $2.1m
- Revenue
- $194.0k
- Investments
- $0.0
- Employees
- 4
- Location
- Hutchinson, MN
- Founding
- 09/1958
- Data as of
- 12/2021
- EIN
- 41-6037342
Organization Overview
Mcleod County Historical Society is located in Hutchinson, MN. The organization was established in 1958. 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, Mcleod County Historical Society employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mcleod 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, Mcleod County Historical Society generated $194.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.5%) each year. All expenses for the organization totaled $216.1k 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
WE ARE DEDICATED TO CONNECTING WITH THE PAST, UNDERSTANDING THE PRESENT AND MAKING INFORMED CHOICES ABOUT THE FUTURE BY FINDING, PRESERVING, EXPLAINING AND SHARING MCLEOD COUNTY HISTORY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MUSEUM COLLECTS, CATALOGS AND PRESERVES ARTIFACTS FOR EXHIBIT AND FOR FUTURE REFERENCE. MUSEUM VISITORS AMOUNT TO 3,900 TO 4,300 ANNUALLY. AN EXHIBIT HALL AND ARTIFACT STORAGE AREAS ARE MAINTAINED IN AN ENVIRONMENTALLY PROTECTED SETTING WITH TEMPERATURE AND HUMIDITY CONTROLS. VISITORS TO THE MUSEUM ARE PROVIDED WITH AN EDUCATION RELATED TO HISTORICAL ASPECTS OF DAILY LIVING AND BUSINESS OPERATIONS RELATED TO MCLEOD COUNTY.
PROGRAMS ON HISTORICAL TOPICS AND GENEALOGICAL RESEARCH ARE PROVIDED FREQUENTLY. ATTENDANCE AT THESE PROGRAMS IS ABOUT 1,500 TO 1,800 ANNUALLY. THE MUSEUM ALSO OFFERS TOURS TO SCHOOL CHILDREN, ADULT GROUPS AND OTHER ORGANIZATIONS. OTHER PROGRAMS PROVIDES ATTENDEES WITH INFORMATION ABOUT THE CARE AND PRESERVATION OF THEIR PERSONAL ITEMS. MANY PROGRAMS FOCUS ON ELEMENTS OF MCLEOD COUNTY HISTORY. A SPECIFIC THEME IS EMPHASIZED EACH YEAR IN PROGRAMS, PRINTED MATERIALS AND RELATED EXHIBITS.
A COMPREHENSIVE LIBRARY AND ARCHIVES COLLECTION ARE MAINTAINED FOR USE BY RESEARCHERS. LIBRARY CONTENTS INCLUDE PRINTED MEDIA, MICROFILMS, PHOTOGRAPHS AND HISTORICAL MEDIA. A DEDICATED GROUP OF VOLUNTEERS ORGANIZES, CATALOGS AND INDEXES MATERIALS TO PROVIDE EASE OF ACCESS. VOLUNTEERS ALSO PROVIDE RESEARCH TO INTERESTED PARTIES ACROSS THE USA. MICROFILM READERS AND PRINTERS ARE AVAILABLE FOR USER AS ARE COMPUTER TERMINALS FOR ONLINE RESEARCH. VOLUNTEERS ASSIST RESEARCHERS ON SITE WHEN REQUESTER. REPRODUCTION OF PHOTOGRAPHS, DOCUMENTS AND OTHER MATERIAL PROVIDED BY COPIERS, SCANNERS AND COMMUNICATION MEDIA EQUIPMENT.
THE MUSEUM COLLECTS, CATALOGS AND PRESERVES ARTIFACTS FOR EXHIBIT AND FOR FUTURE REFERENCE. MUSEUM VISITORS AMOUNT TO 3,900 TO 4,300 ANNUALLY. AN EXHIBIT HALL AND ARTIFACT STORAGE AREAS ARE MAINTAINED IN AN ENVIRONMENTALLY PROTECTED SETTING WITH TEMPERATURE AND HUMIDITY CONTROLS. VISITORS TO THE MUSEUM ARE PROVIDED WITH AN EDUCATION RELATED TO HISTORICAL ASPECTS OF DAILY LIVING AND BUSINESS OPERATIONS RELATED TO MCLEOD COUNTY..
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Haines Executive Di | Trustee | 40 | $44,135 |
Lynn Buck Director | OfficerTrustee | 1 | $0 |
Pat Engelmann President | OfficerTrustee | 1 | $0 |
Mary Henke Director | OfficerTrustee | 1 | $0 |
Mary Wiemiller Director | OfficerTrustee | 1 | $0 |
Dale Ewald Treasurer | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $9,765 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $83,787 |
| All other contributions, gifts, grants, and similar amounts not included above | $30,465 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $124,017 |
| Total Program Service Revenue | $538 |
| Investment income | $64,499 |
| 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 | $4,916 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $193,970 |
| 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. | $44,135 |
| Compensation of current officers, directors, key employees. | $17,655 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $23,890 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,000 |
| Payroll taxes | $6,401 |
| Fees for services: Management | $1,056 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,191 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,126 |
| Fees for services: Other | $0 |
| Advertising and promotion | $27 |
| Office expenses | $10,343 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $34,107 |
| 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 | $57,417 |
| Insurance | $6,626 |
| All other expenses | $1,268 |
| Total functional expenses | $216,095 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,217 |
| Savings and temporary cash investments | $0 |
| 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 | $783 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,482,997 |
| Investments—publicly traded securities | $573,945 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,096,942 |
| Accounts payable and accrued expenses | $17,759 |
| 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 | $17,759 |
| Net assets without donor restrictions | $1,747,493 |
| Net assets with donor restrictions | $331,690 |
| 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 | $2,096,942 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Mcleod County Historical Society has recieved totaling $146,758.
| Awarding Organization | Amount |
|---|---|
Minnesota Historical Society Saint Paul, MN PURPOSE: Legacy grants for the Museum's hvac building mechanical system and museum envelope upgrade. | $72,779 |
Minnesota Historical Society Saint Paul, MN PURPOSE: Legacy grants for the Museum's hvac building mechanical system and museum envelope upgrade. | $72,779 |
Goebel Foundation Inc Hutchinson, MN PURPOSE: FINDING, PRESERVING, EXPLAINING AND SHARING MCLEOD COUNTY HISTORY | $1,200 |
Endowment Analysis
| Beg. Balance | $546,680 |
| Earnings | $64,265 |
| Other Expense | $37,000 |
| Ending Balance | $573,945 |
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 |