Citrus County Historical Society Inc
- Assets
- $585.6k
- Revenue
- $438.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Inverness, FL
- Founding
- 12/1984
- Data as of
- 09/2020
- EIN
- 59-2326836
Organization Overview
Citrus County Historical Society Inc is located in Inverness, FL. The organization was established in 1984. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Citrus 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 09/2020, Citrus County Historical Society Inc generated $438.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $374.4k during the year ending 09/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
PRESERVE, RENOVATE HISTORICAL BUILDINGS AND ARTIFACTS AND EDUCATE THE PUBLIC ON THE HISTORICAL HERITAGE OF CITRUS COUNTY FLORIDA
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESERVE, RENOVATE HISTORICAL BUILDNGS AND ARTIFACTS AND EDUCATE THE PUBLIC ON THE HISTORICAL HERITAGE OF CITRUS COUNTY FLORIDA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Croft President | OfficerTrustee | 6 | $0 |
Flo Jones Vice Preside | OfficerTrustee | 3 | $0 |
Julie Fusco Treasurer | OfficerTrustee | 8 | $0 |
Terri Hartman Recording Se | OfficerTrustee | 2 | $0 |
Cynthia King Correspdng S | OfficerTrustee | 1 | $0 |
Elaine Koehler Acquisitions | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $421,227 |
| Investment income | $20,135 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$3,047 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $428 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $438,743 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,015 |
| Office expenses | $1,493 |
| Information technology | $8,843 |
| Royalties | $0 |
| Occupancy | $722 |
| 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 | $2,870 |
| Insurance | $509 |
| All other expenses | $0 |
| Total functional expenses | $374,400 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $90,721 |
| Savings and temporary cash investments | $113,877 |
| 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 | $15,726 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $339,839 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $585,593 |
| Accounts payable and accrued expenses | $340 |
| 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 | $340 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $585,253 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Citrus County Historical Society Inc has recieved totaling $162,467.
| Awarding Organization | Amount |
|---|---|
U S Family Foundation Inc Inverness, FL PURPOSE: FURTHER THE CHARITABLE, EDUCATIONAL AND/OR SCIENTIFIC EFFORTS OF THE CHARITY | $162,439 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $28 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Georgia Historical Society Savannah, GA | $30,611,121 | $5,575,417 |
Holocaust Documentation & Education Center Inc Dania Beach, FL | $7,248,445 | $3,037,559 |
Coastal Heritage Society Inc Savannah, GA | $3,223,503 | $3,680,449 |
Birmingham Landmarks Inc Birmingham, AL | $19,773,714 | $5,790,152 |
Alabama Historic Ironworks Commission Mccalla, AL | $4,360,177 | $2,386,256 |
Coastal Georgia Historical Society Inc St Simons Island, GA | $8,728,661 | $2,039,042 |
Preservation Foundation Of Palm Beach Inc Palm Beach, FL | $27,182,699 | $14,785,747 |
Key West Art & Historical Society Inc Key West, FL | $3,638,372 | $2,771,144 |
Historic Westville Inc Columbus, GA | $12,453,096 | $665,726 |
Historical Society Of Martin County Inc Stuart, FL | $13,078,765 | $1,282,990 |
Tybee Island Historical Society Inc Tybee Island, GA | $6,056,946 | $1,662,737 |
Brevard Regional Arts Groups Inc Melbourne, FL | $2,769,843 | $1,580,932 |