Ankeny Area Historical Society
- Assets
- $634.5k
- Revenue
- $47.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Ankeny, IA
- Founding
- 04/1996
- Data as of
- 12/2021
- EIN
- 42-1323760
Organization Overview
Ankeny Area Historical Society is located in Ankeny, IA. The organization was established in 1996. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ankeny Area 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, Ankeny Area Historical Society generated $47.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $64.2k during the year ending 12/2021. While expenses have increased by 3.2% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO COLLECT AND SECURE ARTIFACTS AND HISTORICAL RECORDS REPRESENTING ANKENY AND SURROUNDING COMMUNITIES FOR THE PURPOSE OF PRESERVING OUR AMERICAN HERITAGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF THE HISTORICAL MUSEUM, INCLUDING COLLECTION OF ARTIFACTS AND OTHER HISTORICAL INFORMATION FOR DISPLAY IN THE HISTORICAL MUSEUM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Stratton President | OfficerTrustee | 1 | $0 |
Lois O'donnell Vice-President | OfficerTrustee | 1 | $0 |
James B Nervig Treasurer | OfficerTrustee | 1 | $0 |
Joellen Nervig Secretary | OfficerTrustee | 1 | $0 |
Elaine Brazelton Director | Trustee | 1 | $0 |
Christine Schumacher Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $12,700 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $22,346 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,046 |
| Total Program Service Revenue | $0 |
| Investment income | $52 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $6,708 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $307 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $47,113 |
| 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 | $5,502 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $404 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,040 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,000 |
| Office expenses | $275 |
| Information technology | $4,875 |
| Royalties | $0 |
| Occupancy | $4,789 |
| 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 | $21,183 |
| Insurance | $4,479 |
| All other expenses | $1,162 |
| Total functional expenses | $64,224 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,561 |
| Savings and temporary cash investments | $18,223 |
| 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 | $460,775 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $102,908 |
| Total assets | $634,467 |
| 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 | $0 |
| 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 | $634,467 |
| Total liabilities and net assets/fund balances | $634,467 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Ankeny Area Historical Society has recieved totaling $15,200.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $10,000 |
Bravo Greater Des Moines Inc Des Moines, IA PURPOSE: PROGRAM FUNDING | $5,200 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Crazy Horse Memorial Foundation Crazy Horse, SD | $122,222,924 | $29,766,686 |
Railroading Heritage Of Midwest America Inc Inver Grove Heights, MN | $2,946,442 | $2,025,024 |
Society For Military History West Bend, WI | $1,333,440 | $650,422 |
Martin County Preservation Association Fairmont, MN | $811,623 | $180,489 |
Ankeny Area Historical Society Ankeny, IA | $634,467 | $47,113 |
Macktown Living History Rockton, IL | $84,609 | $0 |