Midland Historical Society is located in Midland, TX. The organization was established in 2016. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, 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. Midland 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 12/2023, Midland Historical Society generated $138.4k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 41.7% each year . All expenses for the organization totaled $44.3k during the year ending 12/2023. While expenses have increased by 29.8% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MIDLAND HISTORIAL SOCIETY IS A DIVERSE COMMUNITY OF MEMBERS FORMED TO EDUCATE THE CITIZENS OF MIDLAND, TEXAS ABOUT ITS HISTORY AND TO ASSIST IN THE OPERATION OF THE MIDLAND COUNTY
Describe the Organization's Program Activity:
Part 3
RESTORATION OF BROWN-DORSEY MEDALLION HOME TO GIVE TOURS TO CITIZENS TO SHOW HOW MIDLANDERS LIVED OVER 100 YEARS AGO
OPERATION OF THE MIDLAND COUNTY HISTORICAL MUSEUM
PREPARATION OF HISTORIAL EXHIBITS FOR LOCAL EVENTS, AND SELLING OF HISTORIAL OLD PHOTOS, DRAWING, MAPS AND PRINTED ARTICLES ABOUT MIDLAND, TEXAS TO CITIZENS AND BUSINESSES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James L Collett President | 15 | $0 | |
Melissa Hagens Secretary | 4 | $0 | |
John Dzubinski Jr Treasurer | 4 | $0 | |
Cheree Smith Vice-President | 1.5 | $0 | |
Chad Hauris Member-At-Large | 1.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $136,294 |
Total Program Service Revenue | $0 |
Membership dues | $1,904 |
Investment income | $152 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $138,350 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $30,000 |
Occupancy, rent, utilities, and maintenance | $2,054 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $12,244 |
Total expenses | $44,298 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $97,479 |
Other assets | $0 |
Total assets | $378,542 |
Total liabilities | $0 |
Net assets or fund balances | $378,542 |