Franklin County Historical Society Inc
- Assets
- $902.3k
- Revenue
- $145.6k
- Investments
- $0.0
- Employees
- 9
- Location
- Ottawa, KS
- Founding
- 02/1962
- Data as of
- 12/2022
- EIN
- 48-0675823
Organization Overview
Franklin County Historical Society Inc is located in Ottawa, KS. The organization was established in 1962. 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 12/2022, Franklin County Historical Society Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Franklin County 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 12/2022, Franklin County Historical Society Inc generated $145.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $181.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 8 years. 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
TO PRESERVE, PRESENT AND PROMOTE HISTORY IN FRANKLIN COUNTY, KANSAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTAIN TWO HISTORICAL MUSEUM SITES,A RESEARCH ARCHIVES AND PROVIDE A NEWSLETTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Juanita Peckham Board Member | Trustee | 0.25 | $0 |
Sara Caylor Board Member | Trustee | 0.25 | $0 |
Eric Duderstadt Board Member | Trustee | 0.25 | $0 |
John Nichols Board Member | Trustee | 0.25 | $0 |
Cyndi Brewer Board Member | Trustee | 0.25 | $0 |
Parker Olmsted Treasurer | Officer | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $71,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $68,235 |
| Noncash contributions included in lines 1a–1f | $690 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $139,235 |
| Total Program Service Revenue | $1,326 |
| Investment income | $4,162 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $84 |
| Net Rental Income | $0 |
| 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 | $812 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $145,619 |
| 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. | $41,650 |
| Compensation of current officers, directors, key employees. | $41,650 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $64,433 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,249 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,775 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $886 |
| Office expenses | $4,690 |
| Information technology | $3,491 |
| Royalties | $0 |
| Occupancy | $25,484 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $359 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,831 |
| Insurance | $11,092 |
| All other expenses | $6,436 |
| Total functional expenses | $181,366 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $106,340 |
| Savings and temporary cash investments | $88,579 |
| 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 | $2,315 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $452,167 |
| Investments—publicly traded securities | $143,672 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $109,211 |
| Total assets | $902,284 |
| Accounts payable and accrued expenses | $1,551 |
| 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 | $14,613 |
| Other liabilities | $1,862 |
| Total liabilities | $18,026 |
| Net assets without donor restrictions | $724,516 |
| Net assets with donor restrictions | $159,742 |
| 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 | $902,284 |