Summit Historical Society
- Assets
- $657.2k
- Revenue
- $401.4k
- Investments
- $0.0
- Employees
- 5
- Location
- Dillon, CO
- Founding
- 11/1970
- Data as of
- 12/2021
- EIN
- 84-0590891
Organization Overview
Summit Historical Society is located in Dillon, CO. The organization was established in 1970. 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 12/2021, Summit Historical Society employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Summit 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 12/2021, Summit Historical Society generated $401.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.4% each year . All expenses for the organization totaled $137.1k during the year ending 12/2021. While expenses have increased by 11.2% 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 PRESERVE AND PROTECT, PROVIDE EDUCATION AND INTERPRETATION, AND ENGAGE OUR COMMUNITY IN THE RICH HISTORY OR SUMMIT COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHS BRINGS SUMMIT COUNTY HISTORY TO LIFE AT OUR BUILDINGS LIKE THE 1883 DILLON SCHOOLHOUSE AND 1885 HOMESTEAD CABIN ON THE DILLON CAMPUS, AND THE 1919 RICE FAMILY BARN IN SUMMIT COVE. THE SHS COLLECTION IS COMPOSED OF OVER 8000 ARTIFACTS AND INCLUDES HISTORICAL LETTERS, BUSINESS LEDGERS, MAPS, PHOTOGRAPHS, AND MANY PHYSICAL OBJECTS.
SHS OFFERS VARIOUS YEAR-ROUND EDUCATIONAL PROGRAMS FOR ALL AGES. SCHOOL- AGE PROGRAMS ARE LED BY SHS EDUCATORS AND INCLUDE THE FOLLOWING TOPICS: UTE KNOWLEDGE OF STEM, LIFE IN 1900, AND RANCHING IN SUMMIT COUNTY. COMMUNITY PROGRAMS INCLUDE LECTURE AND VIDEO SESSIONS; AND HISTORICAL BOAT TOURS ON LAKE DILLON DURING THE SUMMER MONTHS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sally Queen President | OfficerTrustee | 30 | $0 |
Rebecca Sahr Treasurer | OfficerTrustee | 15 | $0 |
Olivia Styles Vice Preside | OfficerTrustee | 1 | $0 |
Ken Torrington Secretary | OfficerTrustee | 5 | $0 |
Meredith Lord Board Member | Trustee | 1 | $0 |
Patrice Lara Board Member | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $10,680 |
| Fundraising events | $13,975 |
| Related organizations | $0 |
| Government grants | $7,806 |
| All other contributions, gifts, grants, and similar amounts not included above | $295,772 |
| Noncash contributions included in lines 1a–1f | $10,626 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $328,233 |
| Total Program Service Revenue | $22,876 |
| Investment income | $10,226 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $32,149 |
| Net Income from Fundraising Events | $5,935 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $401,426 |
| 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 | $54,139 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,502 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $19,213 |
| Advertising and promotion | $7,696 |
| Office expenses | $4,394 |
| Information technology | $3,879 |
| Royalties | $0 |
| Occupancy | $7,255 |
| Travel | $283 |
| 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 | $0 |
| Insurance | $6,744 |
| All other expenses | $9,002 |
| Total functional expenses | $137,131 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200 |
| Savings and temporary cash investments | $71,257 |
| 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 | $1,405 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $6,554 |
| Investments—publicly traded securities | $577,831 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $657,247 |
| 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 | $155 |
| Total liabilities | $155 |
| Net assets without donor restrictions | $610,219 |
| Net assets with donor restrictions | $46,873 |
| 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 | $657,247 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Summit Historical Society has recieved totaling $250.
| Awarding Organization | Amount |
|---|---|
F Cubed Foundation Frisco, CO PURPOSE: FUND OPERATING EXPENSES | $250 |
Endowment Analysis
| Earnings | $19,532 |
| Admin Expense | $502,831 |
| Net Contributions | $483,299 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Central City Opera House Association Wheat Ridge, CO | $4,003,841 | $11,954,405 |
Railroad Heritage Inc Topeka, KS | $0 | $93,486 |
Arizona Historical Society Tucson, AZ | $4,905,511 | $5,450,544 |
Oklahoma Hall Of Fame Inc Oklahoma City, OK | $15,367,222 | $1,723,507 |
Boulder Historical Society Inc Boulder, CO | $19,392,062 | $1,254,110 |
Maricopa County Historical Society Wickenburg, AZ | $19,800,198 | $1,675,075 |
Aspen Historical Society Aspen, CO | $4,847,508 | $1,684,558 |
Historic Denver Inc Denver, CO | $2,418,830 | $1,380,558 |
Reno County Historical Society Inc Hutchinson, KS | $3,503,788 | $1,428,936 |
Nebraska State Historical Society Foundation Lincoln, NE | $17,627,220 | $2,353,385 |
The International Dark-Sky Association Inc Tucson, AZ | $1,012,568 | $1,356,197 |
Cherokee National Historical Society Inc Tahlequah, OK | $2,426,107 | $954,302 |