Wayland Historical Society Inc
- Assets
- $139.7k
- Revenue
- $72.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Wayland, KY
- Founding
- 02/1996
- Data as of
- 12/2021
- EIN
- 61-1289312
Organization Overview
Wayland Historical Society Inc is located in Wayland, KY. The organization was established in 1996. According to its NTEE Classification (A54) the organization is classified as: History Museums, 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. Wayland 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, Wayland Historical Society Inc generated $72.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $42.0k during the year ending 12/2021. While expenses have increased by 0.8% 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
TO COLLECT AND PRESERVE HISTORICAL ITEMS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESERVED ITEMS OF HISTORY RELATED TO THE COMMUNITY OF WAYLAND
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Scott Treasurer | OfficerTrustee | 3 | $0 |
Jeff Patton Vice President | Officer | 3 | $0 |
Phyllis Honshell Secretary | Officer | 3 | $0 |
Jerry Fultz President | Officer | 20 | $0 |
Kenneth Isaac Director | Trustee | 3 | $0 |
Marilyn Isaac Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $7,030 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $11,825 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,855 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $14,217 |
| 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 | $10 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $72,631 |
| 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 | $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 | $0 |
| 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 | $3,353 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $22,485 |
| 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 | $1,636 |
| Insurance | $8,301 |
| All other expenses | $0 |
| Total functional expenses | $41,975 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $51,334 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $88,386 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $139,720 |
| 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 | $11,955 |
| Other liabilities | $0 |
| Total liabilities | $11,955 |
| Net assets without donor restrictions | $127,765 |
| 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 | $139,720 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Wayland Historical Society Inc has recieved totaling $250.
| Awarding Organization | Amount |
|---|---|
Henry Davidson Fitzpatrick Jr Charitable Trust Prestonburg, KY PURPOSE: COMMUNITY SUPPORT | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Veterans Memorial And Museum Operating Corporation Columbus, OH | $58,052,071 | $6,042,215 |
The National Museum Of African American Music Nashville, TN | $43,131,276 | $9,233,015 |
Shakertown At Pleasant Hill Kentucky Inc Harrodsburg, KY | $23,439,163 | $8,870,243 |
Holocaust Memorial Foundation Of Illinois Inc Skokie, IL | $79,808,430 | $11,161,559 |
Montpelier Foundation Orange, VA | $32,791,745 | $7,244,660 |
Dayton History Dayton, OH | $68,372,034 | $7,774,649 |
National Underground Railroad Freedom Center Inc Cincinnati, OH | $30,820,781 | $4,231,725 |
Owsley Brown Frazier Historical Arms Museum Foundation Inc Louisville, KY | $43,112,750 | $4,338,107 |
American Civil War Museum Richmond, VA | $33,997,529 | $3,026,232 |
Soulsville Memphis, TN | $9,455,990 | $2,725,171 |
Mansfield Reformatory Preservation Society Inc Mansfield, OH | $6,627,269 | $4,312,949 |
Valentine Museum Richmond, VA | $31,520,182 | $4,443,441 |