Stanwood Area Historical Society
- Assets
- $1.5m
- Revenue
- $177.3k
- Investments
- $0.0
- Employees
- 3
- Location
- Stanwood, WA
- Founding
- 05/1975
- Data as of
- 12/2021
- EIN
- 51-0137982
Organization Overview
Stanwood Area Historical Society is located in Stanwood, WA. The organization was established in 1975. 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, Stanwood Area Historical Society employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stanwood 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, Stanwood Area Historical Society generated $177.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.5% each year . All expenses for the organization totaled $195.3k during the year ending 12/2021. While expenses have increased by 15.4% 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
THE STANWOOD AREA HISTORICAL SOCIETY SEEKS TO DISCOVER, PRESERVE, & DISPLAY ANY MATERIALS WHICH HELP TO ESTABLISH, ILLUSTRATE, & INTERPRET THE ECONOMIC, SOCIAL, & CULTURAL HERITAGE OF THE GREATER STANWOOD AREA; INCLUDING, IF FINANCIALLY POSSIBLE & APPROPRIATE, HISTORIC SITES & PROPERTIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PRESERVE THE STANWOOD AREA COMMUNITY'S HISTORY WITH RESTORATION AND PUBLICATIONS, PROJECTS, A LIBRARY, EXHIBITS, PROGRAMS, ARTIFACTS COLLECTION AND PHOTOGRAPHS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Prasse President | OfficerTrustee | 20 | $0 |
Bill Keller Vice Preside | OfficerTrustee | 5 | $0 |
John Smistad Trustee | OfficerTrustee | 2 | $0 |
Margaret Utgard Honorary Tru | OfficerTrustee | 3 | $0 |
Robin Hanks Treasurer | OfficerTrustee | 9 | $0 |
Robert Branigin Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,620 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $23,269 |
| All other contributions, gifts, grants, and similar amounts not included above | $84,534 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $109,423 |
| Total Program Service Revenue | $5,325 |
| Investment income | $6,138 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $10,366 |
| Net Gain/Loss on Asset Sales | $46,010 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $177,262 |
| 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 | $15,772 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,589 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $381 |
| Office expenses | $6,847 |
| Information technology | $33 |
| Royalties | $0 |
| Occupancy | $99,587 |
| 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 | $49,417 |
| Insurance | $8,728 |
| All other expenses | $1,398 |
| Total functional expenses | $195,261 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,906 |
| Savings and temporary cash investments | $129,158 |
| 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 | $172,461 |
| Inventories for sale or use | $102 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,215,041 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,549,668 |
| 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 | $1,509,222 |
| Net assets with donor restrictions | $40,446 |
| 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 | $1,549,668 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Stanwood Area Historical Society has recieved totaling $17,511.
| Awarding Organization | Amount |
|---|---|
Leland J And Dorothy H Olson Charitable Fountation Omaha, NE PURPOSE: GENERAL FUNDS | $14,000 |
Donna J & Charles T Cole Charitable Foundation Stanwood, WA PURPOSE: SUPPORT HISTORY OF AREA | $3,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $11 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Historical Society Of Seattle & King County Seattle, WA | $65,125,206 | $5,162,705 |
Eastern Washington State Historical Society Spokane, WA | $20,173,182 | $5,485,547 |
Pioneer Courthouse Square Of Portland Inc Portland, OR | $2,433,302 | $2,453,569 |
Museum Of Idaho Inc Idaho Falls, ID | $10,042,756 | $2,158,282 |
The Northwest Railway Museum Snoqualmie, WA | $11,856,301 | $1,293,392 |
Chugach Heritage Foundation Anchorage, AK | $34,441,750 | $4,199,570 |
United States Lighthouse Society Inc Hansville, WA | $2,077,048 | $1,056,724 |
Grays Harbor Historical Seaport Authority Aberdeen, WA | $4,901,572 | $1,195,810 |
Clatsop County Historical Society Inc Astoria, OR | $4,670,472 | $1,501,101 |
Old Church Society Inc Portland, OR | $2,400,692 | $879,805 |
Steamer Virginia V Foundation Inc Seattle, WA | $2,142,526 | $1,163,610 |
Arlington Club Heritage Foundation Portland, OR | $1,502,895 | $244,933 |