Park City Historical Society Inc
- Assets
- $8.5m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 17
- Location
- Park City, UT
- Founding
- 06/1982
- Data as of
- 12/2022
- EIN
- 94-2792051
Organization Overview
Park City Historical Society Inc is located in Park City, UT. The organization was established in 1982. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2022, Park City Historical Society Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Park City 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, Park City Historical Society Inc generated $1.3m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2022. 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
PROFESSIONALLY INTERPRET PARK CITY AND REGIONAL WESTERN HISTORY THROUGH ENGAGING EXHIBITIONS AND EDUCATIONAL PROGRAMS; RESEARCH, RECORD, PRESERVE, AND DISSEMINATE PARK CITY HISTORY; PROMOTE AND ADVOCATE FOR THE PRESERVATION OF PARK CITY'S IMPORTANT HISTORY AND HISTORIC SITES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSEUM: THE MUSEUM WELCOMED MORE THAN 100,000 VISITORS IN 2022 INCLUDING MORE THAN 2,000 SCHOOL CHILDREN ON A FIELD TRIP OR MUSEUM VISIT AND MORE THAN 1,000 PEOPLE ATTENDED AN ONSITE OR VIRTUAL LECTURE DURING 2022. OUR TOZER GALLERY HOSTED 3 NATIONALLY TOURING EXHIBITIONS TO HELP ATTRACT VISITORS. PRESERVATION: THE PARK CITY HISTORICAL SOCIETY HOLDS AN EXTENSIVE COLLECTION OF HISTORIC OBJECTS, PAPERS AND PHOTOGRAPHS. GENEALOGISTS, HISTORIC PROPERTY OWNERS, PLANNERS, ARCHITECTS, SCHOLARS, JOURNALISTS AND STUDENTS REQUEST RESEARCH FROM OUR HAL COMPTON RESEARCH LIBRARY LOCATED AT THE PARK CITY MUSEUM. THE PARK CITY HISTORICAL SOCIETY OWNS THE HISTORIC GLENWOOD CEMETERY AND ALLOCATES RESOURCES TO ENSURE ITS PRESERVATION FOR FUTURE GENERATIONS TO EXPLORE AND ENJOY. DEDICATED TO THE STABILIZATION AND PRESERVATION OF THE LAST REMAINING HISTORIC MINING STRUCTURES LOCATED ON THE MOUNTAINS SURROUNDING PARK CITY, IN 2022 THE PARK CITY HISTORICAL SOCIETY STABILIZED THE KING CON ORE BIN AND BEGAN EFFORTS TO SAVE THE SILVER KING AND THAYNES HEADFRAME BUILDINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paige Anderson Director | Trustee | 1 | $0 |
Minda Boland Director | Trustee | 1 | $0 |
Ron Butkovich Director | Trustee | 1 | $0 |
Lisa Hauser Director | Trustee | 1 | $0 |
Barbara Jones Director | Trustee | 1 | $0 |
Karen Keating Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $112,875 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $219,597 |
| All other contributions, gifts, grants, and similar amounts not included above | $318,798 |
| Noncash contributions included in lines 1a–1f | $74,256 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $651,270 |
| Total Program Service Revenue | $247,931 |
| Investment income | $141,910 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,500 |
| 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 | $212,138 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,255,749 |
| 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 | $498,002 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10,630 |
| Payroll taxes | $38,451 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $49,557 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $407,006 |
| Advertising and promotion | $49,241 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $228,073 |
| 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 | $171,733 |
| Insurance | $8,632 |
| All other expenses | $0 |
| Total functional expenses | $1,461,325 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $374,542 |
| Savings and temporary cash investments | $835,647 |
| Pledges and grants receivable | $261 |
| 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 | $106,787 |
| Prepaid expenses and deferred charges | $43,067 |
| Net Land, buildings, and equipment | $2,261,316 |
| Investments—publicly traded securities | $993,419 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,866,184 |
| Total assets | $8,481,223 |
| Accounts payable and accrued expenses | $6,053 |
| Grants payable | $0 |
| Deferred revenue | $105,948 |
| 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 | $20,469 |
| Total liabilities | $132,470 |
| Net assets without donor restrictions | $8,174,954 |
| Net assets with donor restrictions | $173,799 |
| 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 | $8,481,223 |