Living History Farms Foundation
- Assets
- $18.6m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 67
- Location
- Des Moines, IA
- Founding
- 12/1967
- Data as of
- 12/2023
- EIN
- 42-6127198
Organization Overview
Living History Farms Foundation is located in Des Moines, IA. The organization was established in 1967. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Living History Farms Foundation employed 67 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Living History Farms Foundation 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, Living History Farms Foundation generated $4.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $2.6m during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
AN OUTDOOR HISTORY MUSEUM WHICH CONNECTS PEOPLE TO THE STORIES OF THE MIDWESTERN RURAL HERITAGE
Describe the Organization's Program Activity:
Part 3 - Line 4a
LIVING HISTORY FARMS IS A 500 ACRE, OPEN-AIR MUSEUM WHICH DISPLAYS THE HISTORY OF MIDWESTERN AGRICULTURE AND RURAL LIFE. INTERPRETORS RECREATE DAILY ROUTINES OF EARLY IOWANS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Riaan Van Dyk Chair | OfficerTrustee | 2 | $0 |
Laura Ingram Vice Chair | OfficerTrustee | 2 | $0 |
Erin Herbold-Swalwell Secretary | OfficerTrustee | 2 | $0 |
Gina Graham Treasurer | OfficerTrustee | 2 | $0 |
Dr Stephen Smith Director | Trustee | 2 | $0 |
Staci Harper Bennett Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $146,054 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,168,550 |
| Noncash contributions included in lines 1a–1f | $26,253 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,314,604 |
| Total Program Service Revenue | $1,013,871 |
| Investment income | $320,489 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $30,513 |
| Net Gain/Loss on Asset Sales | $248,780 |
| Net Income from Fundraising Events | $38,217 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $42,631 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,009,105 |
| 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. | $174,334 |
| Compensation of current officers, directors, key employees. | $174,334 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,157,075 |
| Pension plan accruals and contributions | $29,073 |
| Other employee benefits | $39,751 |
| Payroll taxes | $109,828 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,452 |
| Fees for services: Accounting | $11,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $31,364 |
| Fees for services: Other | $31,852 |
| Advertising and promotion | $23,629 |
| Office expenses | $13,867 |
| Information technology | $62,567 |
| Royalties | $0 |
| Occupancy | $87,136 |
| Travel | $2,318 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $9,404 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $258,123 |
| Insurance | $126,212 |
| All other expenses | $2,750 |
| Total functional expenses | $2,630,142 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,272,012 |
| Savings and temporary cash investments | $729,286 |
| Pledges and grants receivable | $1,401,020 |
| Accounts receivable, net | $3,345 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,440 |
| Prepaid expenses and deferred charges | $26,004 |
| Net Land, buildings, and equipment | $4,813,879 |
| Investments—publicly traded securities | $10,344,701 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $18,593,687 |
| Accounts payable and accrued expenses | $78,624 |
| Grants payable | $0 |
| Deferred revenue | $53,972 |
| 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 | $204,000 |
| Other liabilities | $0 |
| Total liabilities | $336,596 |
| Net assets without donor restrictions | $13,493,044 |
| Net assets with donor restrictions | $4,764,047 |
| 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 | $18,593,687 |