Searles Valley Historical Society
- Assets
- $551.1k
- Revenue
- $26.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Trona, CA
- Founding
- 07/1980
- Data as of
- 12/2023
- EIN
- 95-3459494
Organization Overview
Searles Valley Historical Society is located in Trona, CA. The organization was established in 1980. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Searles Valley 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 12/2023, Searles Valley Historical Society generated $26.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (27.3%) each year. All expenses for the organization totaled $47.0k during the year ending 12/2023. 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
PRESERVE THE HISTORY OF SEARLES VALLEY AND SURROUNDING AREAS IN THE UPPER MOJAVE DESERT AREA.ITS PRIMARY PURPOSE IS TO BRING TOGETHER PEOPLE INTERESTED IN HISTORY, ESPECIALLY IN THE HISTORY OF SEARLES VALLEY AND SURROUNDING REGIONS FOR FUTURE GENERATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTINUED TO MAINTAIN PREVIOUS IMPROVEMENTS ON BUILDINGS AS NEEDED TO MAINTAIN THEIR ORIGINAL USE. THE TWO FIRE ENGINES FROM 1924 AND 1938 HAVE CONTINUALLY BEEN REPAIRED FOR PUBLIC DISPLAY. THE FIRE MUSEUM OPENED JUNE, 2015.
A NEW PROGRAM WAS STARTED IN LATE 2015 CALLED THE TRONA PRIDE PRESENTATIONS THE PROGRAM IS EDUCATIONAL IN NATURE AND IS GEARED TOWARDS STUDENTS IN THE PRIMARY GRADES TO INSTILL A SENSE OF PRIDE IN TRONA BY EDUCATING THE LOCAL STUDENTS IN THE HISTORY OF TRONA. THE SECOND WEEKEND IN OCTOBER, SEARLES LAKE GEM AND MINERAL SOCIETY ORGANIZES THEIR ANNUAL GEM AND MINERAL SHOW WHICH IS OPEN TO THE PUBLIC. SEARLES VALLEY HISTORICAL SOCIETY ALSO PARTAKES IN THIS SHOW BY OPENING THEIR FIRE MUSEUM, CABOOSE AND RAILROAD MUSEUM, THE HISTORY HOUSE AND THE OLD GUEST HOUSE MUSEUM TO THE GENERAL PUBLIC. THE SEARLES VALLEY HISOTRICAL SOCIETY ALSO ENCOURAGES LOCAL SCHOOLS TO VISIT THE HISTORICAL BUILDINGS IN SEARLES VALLEY. A SLIDE SHOW PRESENTATION IS DONE FOR THE BENEFIT OF THE STUDENTS AS WELL AS OPENING THE MUSEUMS AND THE CABOOSE TO THE STUDENTS. THE TUFA HOUSE YARD WAS CLEANED, TREES ALL TRIMMED AND THE WINDOWS WERE BOARDED UP AND A FENCE WAS PUT UP AROUND THE PROPERTY. A PLAQUE WILL BE PUT UP TO EXPLAIN ABOUT THE TUFA HOUSE AND THE SHED THAT IS LOCATED ON THE PROPERTY. THIS PROPERTY WILL NOT BE OPEN TO THE PUBLIC BUT WILL BE A PLACE OF HISTORIC INTEREST TO VIEW FROM OUTSIDE OF THE FENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Gossett Director | Trustee | 1 | $0 |
Dawn Mcmillan Directordocent | Trustee | 3 | $0 |
Marilyn Mckee Substitute Docentdirector | Trustee | 1 | $0 |
Brian Mcmillen Scanner Persondocent | Trustee | 6 | $0 |
Rose Ann Austin Director | Trustee | 1 | $0 |
Cathy Heseman Vice Presnewsletterdocent | Trustee | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,760 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,821 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,581 |
| Total Program Service Revenue | $2,206 |
| Investment income | $12,352 |
| 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 | $4,873 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $26,012 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $500 |
| 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 | $700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,164 |
| Fees for services: Other | $50 |
| Advertising and promotion | $456 |
| Office expenses | $655 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $2,566 |
| Insurance | $4,601 |
| All other expenses | $0 |
| Total functional expenses | $47,024 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,258 |
| 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 | $30,502 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $71,935 |
| Investments—publicly traded securities | $423,399 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $551,094 |
| Accounts payable and accrued expenses | $128 |
| 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 | $128 |
| Net assets without donor restrictions | $550,966 |
| 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 | $551,094 |