Mills County Historical Society is located in Glenwood, IA. The organization was established in 1998. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Mills County Historical Society employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mills 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 12/2022, Mills County Historical Society generated $83.3k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $104.3k during the year ending 12/2022. While expenses have increased by 9.2% per year over the past 4 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
HISTORICAL PRESERVATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
HISTORICAL PRESERVATUION THROUGH OPERATION AND MAINTENANCE OF THE MILLS COUNTY HISTORICAL MUSEUM
HISTORICAL PRESERVATUION THROUGH OPERATION AND MAINTENANCE OF THE MILLS COUNTY HISTORICAL MUSEUM
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stephen Hunt Director | Trustee | 2 | $0 |
Sybil Finken Secretary | Officer | 2 | $0 |
David Hein Vice Preside | Officer | 5 | $0 |
Joel Hoegemeyer Treasurer | Officer | 5 | $0 |
David Jaskierny President | Officer | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $2,550 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $12,653 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $15,203 |
Total Program Service Revenue | $4,918 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $63,220 |
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 | $83,341 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $32,676 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $2,621 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,953 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $793 |
Fees for services: Other | $0 |
Advertising and promotion | $7,258 |
Office expenses | $3,647 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $17,834 |
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 | $25,504 |
Insurance | $1,870 |
All other expenses | $828 |
Total functional expenses | $104,343 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $68,131 |
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 | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $519,034 |
Investments—publicly traded securities | $0 |
Investments—other securities | $84,588 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $289,316 |
Total assets | $961,069 |
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 | $2,007 |
Total liabilities | $2,007 |
Net assets without donor restrictions | $959,062 |
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 | $961,069 |