Fort Larned Historical Society Inc
- Assets
- $2.4m
- Revenue
- $531.0k
- Investments
- $0.0
- Employees
- 6
- Location
- Larned, KS
- Founding
- 04/1960
- Data as of
- 12/2021
- EIN
- 48-0627347
Organization Overview
Fort Larned Historical Society Inc is located in Larned, KS. The organization was established in 1960. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Fort Larned Historical Society Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fort Larned Historical Society 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 12/2021, Fort Larned Historical Society Inc generated $531.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $295.5k during the year ending 12/2021. While expenses have increased by 3.8% 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
MAINTAIN & OPERATE A HISTORICAL MUSEUM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTAIN AND OPERATE A HISTORICAL MUSEUM TO EDUCATE THE PUBLIC REGARDING THE SANTA FE TRAIL. 2021 MUSEUM ATTENDANCE WAS 3,018.
THE TIRED IRON SHOW IS PRESENTED TO CONNECT THE VISITORS WITH THE HISTORY OF THE AREA AS WELL AS THE TRAIL.
MISCELLANEOUS FUND RAISERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Seth Mcfarland Executive Dir. | Trustee | 40 | $32,000 |
Mike Burdett Director | OfficerTrustee | 0.5 | $0 |
Kristen Keith Secretary | OfficerTrustee | 1 | $0 |
Ron Vancleave Vice President | OfficerTrustee | 1 | $0 |
Ted Vanhorn President | OfficerTrustee | 2.5 | $0 |
Byron Griffin Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $14,214 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $35,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $321,812 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $371,026 |
| Total Program Service Revenue | $48,312 |
| Investment income | $50,714 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,518 |
| Net Rental Income | $1,047 |
| Net Gain/Loss on Asset Sales | $45,473 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $12,865 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $530,955 |
| 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. | $32,000 |
| Compensation of current officers, directors, key employees. | $15,360 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $66,146 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,532 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,435 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,469 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $75,004 |
| Travel | $97 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $9,512 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $52,118 |
| Insurance | $12,839 |
| All other expenses | $2,109 |
| Total functional expenses | $295,494 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,361 |
| Savings and temporary cash investments | $312,059 |
| 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 | $7,818 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,182,376 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $914,524 |
| Total assets | $2,420,138 |
| 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 | $71,218 |
| Other liabilities | $2,591 |
| Total liabilities | $73,809 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $2,346,329 |
| 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 | $2,420,138 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Fort Larned Historical Society Inc has recieved totaling $34.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $34 |
Endowment Analysis
| Beg. Balance | $1,202,747 |
| Earnings | $96,188 |
| Other Expense | $77,049 |
| Ending Balance | $1,221,886 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Central City Opera House Association Wheat Ridge, CO | $4,003,841 | $11,954,405 |
Railroad Heritage Inc Topeka, KS | $0 | $93,486 |
Jefferson National Parks Association Inc St Louis, MO | $9,104,174 | $5,372,825 |
Oklahoma Hall Of Fame Inc Oklahoma City, OK | $15,367,222 | $1,723,507 |
Boulder Historical Society Inc Boulder, CO | $19,392,062 | $1,254,110 |
State Historical Society Of Missouri Columbia, MO | $7,318,381 | $1,450,178 |
American Truck Historical Society Kansas City, MO | $4,869,322 | $1,570,216 |
Aspen Historical Society Aspen, CO | $4,847,508 | $1,684,558 |
Historic Denver Inc Denver, CO | $2,418,830 | $1,380,558 |
Reno County Historical Society Inc Hutchinson, KS | $3,503,788 | $1,428,936 |
Nebraska State Historical Society Foundation Lincoln, NE | $17,627,220 | $2,353,385 |
Cherokee National Historical Society Inc Tahlequah, OK | $2,426,107 | $954,302 |