Granite Falls Historical Society is located in Granite Falls, WA. The organization was established in 2004. 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. Granite Falls 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 12/2022, Granite Falls Historical Society generated $73.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 20.6% each year . All expenses for the organization totaled $35.2k during the year ending 12/2022. While expenses have increased by 29.7% per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
HISTORICAL MUSEUM - GATHER AND PRESERVE ARTIFACTS, PICTURES, AND DOCUMENTS DESCRIBING THE HISTORY OF GRANITE FALLS WA AND THE SURROUNDING AREA, PROVIDING PHYSICAL AND ONLINE ACCESS TO ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSEUM OPERATION - OUR MAJOR EXPENSE IS THE OPERATION OF THE PHYSICAL MUSEUM. OCCUPANCY, INSURANCE, DEPRECIATION, AND CONSTRUCTION/EQUIPMENT TOP THE LIST. REVENUE IS THE ADMISSION/DONATION BOX. WHILE ADMISSION TO THE MUSEUM IS FREE, WE RECEIVED $40,200 IN DONATIONS AND GRANTS SPECIFICALLY FOR MUSEUM EXPANSION AND EQUIPMENT, AND THOSE ARE CONSIDERED REVENUE HERE BECAUSE THEIR USE WAS RESTRICTED SOLELY TO PHYSICAL MUSEUM IMPROVEMENT. WE WERE OPEN EVERY SUNDAY IN 2022, AND OPENED OVER 25 TIMES FOR OUT-OF-TOWN VISITORS WHO PHONED IN TO ARRANGE WEEKDAY VISITS.
SAFETY DEPOSIT BOX, AASLH MEMBERSHIP, FIRE INSPECTION
HERITAGE COMMUNITY INVOLVEMENT - OUR SECOND LARGEST EXPENSE IS TYPICALLY OUR INVOLVEMENT IN THE COUNTY'S HERITAGE COMMUNITY, PARTICULARLY IN PROVIDING ONLINE RESOURCES USEFUL FOR RESEARCH AND/OR HISTORIC TOURISM. ONLINE HOSTING EXPENSES CONTINUED THROUGHOUT 2022, INCLUDING THOSE FOR ONLINE MAPS, RURAL HISTORIC CYBER-TOURS, AND COUNTY-WIDE ONLINE MUSEUM TOURS. SOME OF THESE EXPENSES ARE REIMBURSABLE BY A HISTORIC FUND AND ARE SHOWN AS REVENUE. TIMING OF REIMBURSEMENTS CAUSE YEARLY VARIATIONS. IN 2022, WE UPDATED AND EXPANDED THE COUNTY-WIDE ONLINE MUSEUMS TOUR (AND WERE REIMBURSED $1,404) AND STARTED PORTING IT TO A NEW SET OF SOFTWARE TOOLS, AND RE-WROTE AND RE-PUBLISHED A HISTORIC WALKING TOUR OF OUR CITY ($240 EXPENSE). WE DIGITIZED HISTORIC COUNTY NEWSPAPERS (AND WERE REIMBURSED $16,993). WE PROVIDED HISTORICAL ORIENTATION PRESENTATIONS FOR SEVERAL ANTIQUE AUTOMOBILE TOURING CLUBS. WE ALSO PROVIDED TECHNICAL INSTRUCTION TO SEVERAL COUNTY GENEALOGICAL SOCIETIES WHO WERE STRUGGLING TO IMPROVE THEIR ORGANIZATIONAL TECHNOLOGY SKILLS, SPECIFICALLY AIMED AT HELPING THEM IN THE USE OF NEW DIGITAL SCANNING EQUIPMENT. WE CREATED ONLINE TOURS OF A NEW PASSPORT OFFICE IN A HISTORICALLY-DECORATED BUILDING AND A HISTORICAL HOUSE INHERITED BY ANOTHER COUNTY MUSEUM, BOTH OF WHICH MADE USE OF A NEW 360-DEGREE CAMERA.
EDUCATION: WE MAINTAIN A STRONG ONLINE PRESENCE, COUPLED WITH A BROADLY-DISTRIBUTED NEWSLETTER. SINCE WE ARE AN ALL-VOLUNTEER ORGANIZATION, OUR OFFICE ($613) AND IT ($423) EXPENSES ARE FOCUSED ON CONTINUAL EDUCATIONAL AWARENESS OF, AND ACCESS TO, OUR COLLECTION. SCHOOL CLASS VISITS WERE REESTABLISHED IN 2022, HOSTING CLASSES FOR THOSE GRADES WHO HAD TO FOREGO A MUSEUM TOUR DURING THE COVID SHUTDOWN. A TOTAL OF 47 CLASS PRESENTATION WERE PROVIDED TO 3RD, 4TH, AND 5TH GRADE STUDENTS. A NUMBER OF PRINTED PICTURES AND DOCUMENTS WERE PROVIDED TO LOCAL AND ONLINE RESEARCHERS, PRINTING FEES SHOWN AS REVENUE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Regina Jones Board Member | Trustee | 2 | $0 |
Marcia Day Board Member | Trustee | 4 | $0 |
Scott Bower Board Treasurer | OfficerTrustee | 6 | $0 |
Robin Ingraham Board Secretary | OfficerTrustee | 2 | $0 |
Ron Chew Board Vice-President | OfficerTrustee | 3 | $0 |
Bob Ingraham Board President | OfficerTrustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $1,708 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $16,328 |
Noncash contributions included in lines 1a–1f | $100 |
Total Revenue from Contributions, Gifts, Grants & Similar | $18,036 |
Total Program Service Revenue | $58,712 |
Investment income | -$5,893 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $2,451 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $423 |
Miscellaneous Revenue | $0 |
Total Revenue | $73,762 |
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 | $1,189 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $613 |
Information technology | $423 |
Royalties | $0 |
Occupancy | $11,669 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $60 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,575 |
All other expenses | $0 |
Total functional expenses | $35,174 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $47,402 |
Savings and temporary cash investments | $9,163 |
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 | $1,000 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $417,275 |
Investments—publicly traded securities | $111,030 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $35,200 |
Total assets | $621,070 |
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 | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
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 | $621,070 |
Total liabilities and net assets/fund balances | $621,070 |