Jerome Historical Society Inc
- Assets
- $967.6k
- Revenue
- $593.3k
- Investments
- $0.0
- Employees
- 7
- Location
- Jerome, AZ
- Founding
- 09/1955
- Data as of
- 12/2022
- EIN
- 86-0145678
Organization Overview
Jerome Historical Society Inc is located in Jerome, AZ. The organization was established in 1955. 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 12/2022, Jerome Historical Society Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jerome 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 12/2022, Jerome Historical Society Inc generated $593.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $475.5k during the year ending 12/2022. While expenses have increased by 0.4% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE JEROME HISTORICAL SOCIETY IS TO COLLECT, PROTECT, PRESERE AND PRESENT THE UNIQUE PHYSICAL, CULTURAL AND MINING HISTORY OF JEROME THROUGH ITS BULILDINGS, ACRCHIVES, LIBRARY, MUSEUMS AND OTHER PROGRAMS. THE SOCIETY WILL BE THE REPOSITORY FRO PRIMARY MATERIALS THAT DOCUMENT THIS HISTORY AND WILL BE COMMITTED TO PUBLIC AND AND SCHOLARLY INQUIRY.
Describe the Organization's Program Activity:
THE JEROME HISTORICAL SOCIETY IS A KEY PLAYER IN JEROME'S HISTORY. THE SOCIETY IS A REPOSITORY FOR HISTORIC PHOTOS, MINING RECORDS, AND ARTIFACTS OF GENERAL LIFE DURING JEROME'S MINING HAY HAY DAYS. THE SOCIETY CONTINUES TO COLLECT AND MAINTAIN AN ARCHIVE FOR RESEARCH PAST HISTORY AND MORE MODERN DAY HISTORY. THE SOCIETY RUNS A GIFT SHOP AND MUSEUM IN JEROME WAS ESTABLISHED IN 1953. THE VISITOR COUNT IN 2022 AND 2021 COMPARED TO 2019 WAS REDUCED DUE TO THE COVID-19 TRAVEL RESTRICITONS.
THE SOCIETY MANAGES AND MAINTAINS 8 BUILDINGS IN HISTORIC JEROME, TWO INTERPRETIVE PARKS INCLUDING ART PARK WHERE ARTISANS DISPLAY THEIR CREATIONS. DURING 2020 THE TOWN WELCOMED OVER 1 MILLION VISITORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jean Kinsella General Manager | Officer | 40 | $72,583 |
Allen Muma Vice President | OfficerTrustee | 1 | $0 |
Steve Pontious President | OfficerTrustee | 10 | $0 |
Tracy Weisel Sergeant Of Arm | Trustee | 1 | $0 |
Mike Parry Director | Trustee | 1 | $0 |
Mary Beth Barr President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $4,915 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $28,862 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,777 |
| Total Program Service Revenue | $319,493 |
| Investment income | $27 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,594 |
| 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 | $234,280 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $593,324 |
| 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. | $72,583 |
| Compensation of current officers, directors, key employees. | $27,283 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $150,628 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,199 |
| Payroll taxes | $15,297 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,104 |
| Advertising and promotion | $0 |
| Office expenses | $19,883 |
| Information technology | $5,023 |
| Royalties | $0 |
| Occupancy | $84,596 |
| Travel | $128 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,200 |
| Interest | $702 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $69,028 |
| Insurance | $23,880 |
| All other expenses | $1,312 |
| Total functional expenses | $475,474 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $310,932 |
| 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 | $73,984 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $577,525 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,118 |
| Total assets | $967,559 |
| Accounts payable and accrued expenses | $6,852 |
| Grants payable | $0 |
| Deferred revenue | $8,267 |
| 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 | $47,524 |
| Total liabilities | $62,643 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $904,916 |
| 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 | $967,559 |