Daneville Heritage Association Inc is located in Viborg, SD. The organization was established in 2004. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Daneville Heritage Association 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, Daneville Heritage Association Inc generated $98.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (34.8%) each year. All expenses for the organization totaled $74.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
COMMUNITY MUSEUM ORGANIZED TO EDUCATE THE PUBLIC THROUGH ITS DISPLAYS ABOUT THE HISTORY OF THE REGION WITH EMPHASIS ON THE HERITAGE OF THE DANISH PEOPLE
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLECTION AND ASSEMBLY OF HISTORICAL ITEMS FOR PUBLIC DISPLAY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Douglas Mellegaard President | 0 | $0 | |
Alan Ward Director | 0 | $0 | |
Martin Larsen Director | 0 | $0 | |
Robert Christensen Vice Preside | 0 | $0 | |
Barbara Larsen Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $4,580 |
Interest on Savings | $5,220 |
Dividends & Interest | $0 |
Net Rental Income | $75,310 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $375 |
Other Income | $23 |
Total Revenue | $98,434 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $11,217 |
Pension plans, employee benefits | $858 |
Interest | $0 |
Taxes | $4 |
Depreciation | $17,709 |
Occupancy | $16,442 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $25,638 |
Total operating and administrative expenses | $73,599 |
Contributions, gifts, grants paid | $950 |
Total expenses and disbursements | $74,549 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $43,272 |
Savings and temporary cash investments | $82,679 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $1,345,275 |
Other assets | $0 |
Total assets | $1,471,226 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $1,066 |
Total liabilities | $1,066 |