Mount Horeb Area Historical Society Inc
- Assets
- $2.4m
- Revenue
- $270.7k
- Investments
- $0.0
- Employees
- 7
- Location
- Mount Horeb, WI
- Founding
- 12/1977
- Data as of
- 09/2024
- EIN
- 51-0180176
Organization Overview
Mount Horeb Area Historical Society Inc is located in Mount Horeb, WI. The organization was established in 1977. 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 09/2024, Mount Horeb Area Historical Society Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mount Horeb Area 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 09/2024, Mount Horeb Area Historical Society Inc generated $270.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (17.2%) each year. All expenses for the organization totaled $347.1k during the year ending 09/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE MOUNT HOREB AREA HISTORICAL SOCIETY COLLECTS AND PRESERVES LOCAL ARTIFACTS AND ARCHIVAL, AND PROVIDES EDUCATION ON LOCAL HISTORY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MOUNT HOREB AREA HISTORICAL SOCIETY CREATES, PROMOTES, AND PROVIDES ONGOING SUPPORT FOR MUSEUM EXHIBITS. THE MUSEUM HOSTED APPROXIMATELY 3,600 VISITORS IN 2015. NEW EXHIBITS INCLUDED "STORIES IN STITCHES: QUILTS OF SOUTHWESTERN DANE COUNTY- AND "ETHNICITY AND THE CIVIL WAR". A NEW EXHIBIT TITLED "NATURAL WONDERS AND HUMAN INTERACTION" OPENED IN MAY 2013 AND REPLACES THE CURRENT QUILT EXHIBIT. IN ADDITION, THE SOCIETY OPERATES A SMALL GIFT SHOP. EDUCATIONAL PROGRAMS FOR CHILDREN ARE A GROWING SERVICE OF THE SOCIETY.
THE MOUNT HOREB AREA HISTORICAL SOCIETY COLLECTS AND PRESERVES LOCAL HISTORICAL ARTIFACTS AND ARCHIVE MATERIAL, MAINTAINS A DATABSE OF ITEMS IN ITS COLLECTIONS, AND DISSEMINATES INFORMATION TO THE PUBLIC VIA ASSISTANCE WITH RESEARCH AND THROUGH PROGRAMS AND THE PUBLISHING OF BOOKS AND ARTICLES. THE SOCIETY RECEIVES APPROXIMATELY FIVE REQUESTS PER WEEK FOR INFORMATION RELATED TO ITEMS IN ITS ARCHIVE.
THE MOUNT HOREB AREA HISTORICAL SOCIETY PUBLISHES A NEWSLETTER THREE OR FOUR TIMES PER YEAR. THE NEWSLETTER IS DISTRIBUTED TO APPROXIMATELY 225 MEMBERS. ADDITIONAL COPIES OF THE NEWSLETTER ARE AVAILABLE TO VISITORS TO THE MUSEUM, THE COMMUNITY, AND OTHER POTENTIAL MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karla Ott President | OfficerTrustee | 5 | $0 |
David Schmidt Vice Preside | OfficerTrustee | 5 | $0 |
Lori Midthun Secretary | OfficerTrustee | 5 | $0 |
Roger Deterding Treasurer | OfficerTrustee | 5 | $0 |
John Buechner Director | Trustee | 2 | $0 |
Lisa Grinde Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $25,225 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $187,018 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $212,243 |
| Total Program Service Revenue | $12,047 |
| Investment income | $13,048 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $17,357 |
| 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 | $15,711 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $270,746 |
| 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 | $134,039 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,969 |
| Payroll taxes | $10,274 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,037 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $516 |
| Fees for services: Other | $14,460 |
| Advertising and promotion | $5,235 |
| Office expenses | $5,248 |
| Information technology | $4,056 |
| Royalties | $0 |
| Occupancy | $23,056 |
| Travel | $719 |
| 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 | $73,016 |
| Insurance | $1,967 |
| All other expenses | $12,934 |
| Total functional expenses | $347,104 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,447 |
| Savings and temporary cash investments | $155,282 |
| 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 | $18,877 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,031,173 |
| Investments—publicly traded securities | $158,017 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,413,796 |
| Accounts payable and accrued expenses | $24,468 |
| 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 | $24,468 |
| Net assets without donor restrictions | $2,389,328 |
| Net assets with donor restrictions | $0 |
| 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 | $2,413,796 |