Lemhi County Historical Society Inc
- Assets
- $562.3k
- Revenue
- $145.3k
- Investments
- $0.0
- Employees
- 4
- Location
- Salmon, ID
- Founding
- 12/1968
- Data as of
- 12/2023
- EIN
- 82-0257581
Organization Overview
Lemhi County Historical Society Inc is located in Salmon, ID. The organization was established in 1968. 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 12/2023, Lemhi County Historical Society Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lemhi 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 12/2023, Lemhi County Historical Society Inc generated $145.3k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $83.2k during the year ending 12/2023. While expenses have increased by 4.6% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP RESTORE AND PRESERVE THE HISTORY OF LEMHI COUNTY, IDAHO
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LEMHI COUNTY MUSEUM CELEBRATES AND HONORS LEMHI COUNTY HISTORY, SHOWCASING THE ARTIFACTS OF THE MULTICULTURAL PEOPLES THAT HAVE SETTLED IN THE VALLEY SINCE THE LATE 1800S. LOCATED IN THE RURAL COMMUNITY OF SALMON, IDAHO, THE BIRTHPLACE OF SACAJAWEA, THE LEMHI COUNTY MUSEUM IS PROUD TO EXHIBIT AND SHARE THE RICH HISTORY OF THE AREA. FIVE HISTORICAL TOPICS ARE ON PERMANENT EXHIBIT IN THE PRIMARY MUSEUM AT 210 MAIN STREET AND EXHIBIT AT 204 MAIN: 1. SHOSHONE ARTIFACTS EXHIBIT: THE LARGEST EXISTING COLLECTION OF SHOSHONI ARTIFACTS. 2. MINING ARTIFACTS EXHIBIT: THE 1866 DISCOVERY OF GOLD AND THE RESULTING COMMUNITY OF MINERS, RANCHERS, AND LUMBERMAN. 3. RANCHING EXHIBIT: ASPECTS OF LIFE IN THE AMERICAN WEST. 4. CHINESE ARTIFACT EXHIBIT: PHOTOGRAPHS AND ARTIFACTS FROM THE LOCAL CHINESE POPULATION THAT ARRIVED WITH THE DISCOVERY OF GOLD. 5. RAY EDWARDS ESTATE EXHIBIT: A COLLECTION OF CHINESE, JAPANESE, AND TIBETAN RELICS DONATED BY THE RAY EDWARDS ESTATE AS A TRIBUTE TO HIS MINING AND RANCHING ANCESTORS. 6. A RIVER OF HISTORY: CONNECTING PAST, PRESENT, AND FUTURE: THE MUSEUM HAS CREATED A NEW AND EVOLVING EXHIBIT COMMEMORATING THE HISTORY AND CONTINUING IMPORTANCE OF THE REGIONS RIVERS. IT IS LOCATED NEXT DOOR TO THE PRIMARY MUSEUM AT 204 MAIN STREET AND FEATURES RIVER-RELATED ARTIFACTS AND PHOTOGRAPHIC EXHIBITS. WE ALSO HOST A NUMBER OF LECTURES IN THIS VENUE EXAMINING THE HISTORY AND ECOSYSTEMS OF THE VARIOUS REGIONAL RIVERS. THIS BUILDING WILL ALSO HOUSE NEW EXHIBITS, TRAVELING EXHIBITS, AND THE SHIRLEY WALKER LEMHI COUNTY HISTORY RESEARCH CENTER. THE LEMHI COUNTY HISTORICAL SOCIETY AND MUSEUM OFFERS HISTORICAL TOURS AND HOLDS VARIOUS EVENTS THROUGHOUT THE YEAR INCLUDING COMMEMORATIONS AND LUNCHEONS. THE MUSEUM IS ALSO INVOLVED IN KEY PROJECTS TO RESTORE AND PRESERVE LOCAL HISTORICAL SITES INCLUDING THE GILMORE MERCANTILE AND THE SOON TO BE FRED AND THELMA RAMEY SALMON GRANGE MUSEUM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hope Benedict President | Officer | 20 | $22,874 |
Cami Havemann Ernest Treasurer | Officer | 5 | $2,518 |
John Logan Vice Preside | Officer | 20 | $50 |
Dale Ford Director | Trustee | 2 | $0 |
Linda Heffner Director | Trustee | 2 | $0 |
Wayne Johnson Board Chairm | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $4,765 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $18,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $92,244 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $115,009 |
| Total Program Service Revenue | $2,898 |
| Investment income | $990 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $21,611 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $145,316 |
| 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 | $30,726 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,532 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $445 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $320 |
| Advertising and promotion | $1,818 |
| Office expenses | $7,197 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,284 |
| 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 | $8,872 |
| Insurance | $0 |
| All other expenses | $3,072 |
| Total functional expenses | $83,160 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $302,406 |
| 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 | $259,896 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $562,302 |
| 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 | $5,482 |
| Total liabilities | $5,482 |
| Net assets without donor restrictions | $556,820 |
| 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 | $562,302 |