Midwest Old Settlers And Threshers Assn Inc

Organization Overview

Midwest Old Settlers And Threshers Assn Inc is located in Mt Pleasant, IA. The organization was established in 1968. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Midwest Old Settlers And Threshers Assn Inc employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Midwest Old Settlers And Threshers Assn 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, Midwest Old Settlers And Threshers Assn Inc generated $2.7m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $2.2m during the year ending 12/2023. While expenses have increased by 4.7% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE MIDWEST OLD SETTLERS & THRESHERS ASSOCIATION IS TO PRESERVE OUR AGRICULTURAL HERITAGE THROUGH EDUCATION AND ENTERTAINMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ADMINISTRATION OF YEAR ROUND, AS WELL AS SEASONAL, EDUCATION EVENTS THROUGH MUSEUM TOURS AND ENTERTAINMENT EVENTS AND EVENTS OF WHICH THE LARGEST IS THE ANNUAL OLD THRESHERS REUNION. THE REUNION IS ONE OF THE LARGEST AGRICULTURAL SHOWS OF ITS KIND WITH STEAM ENGINES, ANTIQUE TRACTORS, CARS AND TRUCKS, GAS ENGINES, HORSES, WORKING DEMONSTRATIONS, STEAM TRAINS AND ELECTRIC TROLLEYS. EDUCATIONAL COMPONENT OFFERS MUSEUM TOURS AND SCHOOL TOUR PROGRAM FOR CHILDREN (3-5 GRADES) AND ENTERTAINMENT EVENTS OFFER SEASONAL ATTRACTIONS FOR HALLOWEEN AND CHRISTMAS LIGHTS.


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Board, Officers & Key Employees

Name (title)Compensation
Terry Mcwilliams
Executive Di
$117,302
Paul Bishop
Director
$0
Alan Buckert
Treasurer
$0
Bob Gerdes
Vice Preside
$0
Chris Heaton
Director
$0
Melinda Huisinga
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$100,430
Government grants $86,674
All other contributions, gifts, grants, and similar amounts not included above$583,498
Noncash contributions included in lines 1a–1f $80
Total Revenue from Contributions, Gifts, Grants & Similar$770,602
Total Program Service Revenue$1,837,956
Investment income $132,903
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $8,969
Net Gain/Loss on Asset Sales -$108,198
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $51,689
Miscellaneous Revenue$0
Total Revenue $2,693,921

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$2,693,921
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